Financial Literacy Studies NCEA Level 2 | 12FNL |
UE:
Background:
Open EntryCourse Description:
The financial literacy course aims to build an ability to understand and plan personal finances leading to more informed and better financial decisions. Financial literacy is a course that teaches life skills in relation to managing our finances dealing with issues such as earning an income, credit, banking, and budgeting. Through the development of skills related to financial literacy, individuals will have the confidence to become more aware of financial risks and opportunities, with the result of improving their financial well-being.Unit Standards:
| Level | Standard | Description | Credits | Int\Ext | Opt\Comp |
|---|---|---|---|---|---|
| 2 | 24699 | Make an informed decision relating to personal income and explain its impacts | 2 | Internal | Compulsory |
| 2 | 28092 | Analyse the effect of significant life events at different life stages on personal financial income | 3 | Internal | Compulsory |
| 2 | 28096 | Demonstrate understanding of insurance products for personal financial capability | 3 | Internal | Compulsory |
| 2 | 28097 | Analyse and select banking products and services in relation to personal finances | 3 | Internal | Compulsory |
| 2 | 29770 | Use the main features and functions of a spreadsheet application for a purpose | 3 | Internal | Compulsory |
| 2 | 327 | Document business financial transactions for an entity | 4 | Internal | Compulsory |
Assessment Summary:
| Level | Type | Int\Ext | Opt\Comp | Standards | Credits |
|---|---|---|---|---|---|
| 2 | Unit | Internal | Compulsory | 6 | 18 |