Commerce NCEA Level 1 | 11COM |
UE:
This subject can lead to approved UE courses of study. (Accounting, Business Studies and /or Economics)Background:
Open entry. Completion of Year 10 Commerce may be an advantage but is not essential.Course Description:
This programme has been produced to enable students to gain knowledge and understanding of Economics, Business Studies and Accounting concepts. Students explore a number of topic, including: Consumer Choice and Scarcity, Demand and Supply, Market Equilibrium, Financial Statements, Recruitment and the Marketing Mix.Achievement Standards:
| Level | Standard | Description | Credits | Int\Ext | Opt\Comp |
|---|---|---|---|---|---|
| 1 | 90983(N) | Economics 1.1 - Demonstrate understanding of consumer choices, using scarcity and/or demand | 4 | External | Compulsory |
| 1 | 90985 | Economics 1.3 - Demonstrate understanding of producer choices using supply | 3 | External | Compulsory |
| 1 | 90986 | Economics 1.4 - Demonstrate understanding of how consumer, producer and/or government choices affect society, using market equilibrium | 5 | External | Compulsory |
| 1 | 90840 | Business Studies 1.4 - Apply the marketing mix to a new or existing product | 3 | Internal | Compulsory |
Assessment Summary:
| Level | Type | Int\Ext | Opt\Comp | Standards | Credits |
|---|---|---|---|---|---|
| 1 | Achievement | External | Compulsory | 3 | 12 |
| 1 | Achievement | Internal | Compulsory | 1 | 3 |