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NCEA Flexibility: Economics & Business Combination

Discover how combining economics and business studies in senior courses can enhance student engagement and learning outcomes. Learn the benefits, drawbacks, and detailed course structures at different levels.

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NCEA Flexibility: Economics & Business Combination

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  1. Glenn Hutcheson Using NCEA flexibility to combine economics and business studies in senior courses.

  2. Using NCEA flexibility combining economics and business studies in senior courses. Advance organiser • Who? (am I) • How? (did I come up with the course) • What? (does the course look like) • Why? (do it? Advantages? Disadvantages?) • Questions? (ask anytime)

  3. Who? • Glenn Hutcheson • Research/Marketing • HOD Social Sciences Aotea College. • HOD Social Sciences Taradale High School, Napier. Teaching Business Studies, Economics, Enterprise Studies (8th year).

  4. How? • Wanted to run a Business Studies course • Got a big fat ‘no’ • So this got me thinking…. • Why do courses have to be a ‘subject’? Why can’t they be a ‘theme’? • Could I combine standards from different disciplines?

  5. What? Level 1 Course ‘Economics and Business’ Summary • 23 Credits • 11 Internal (looks at workings of business) • 12 External (basic economic market theory)

  6. What? Level 1 Course ‘Economics and Business’ Internal Standards • 90984 Demonstrate understanding of decisions a producer makes about production (5 credits) • 90842Carry out and review a product-based business activity within a classroom context with direction (6 credits)

  7. What? Level 1 Course ‘Economics and Business’ External Standards • 90983 Demonstrate understanding of consumer choices, using scarcity and/or demand (4 credits) • 90985 Demonstrate understanding of producer choices using supply (3 credits) • 90986Demonstrate understanding of how consumer, producer and/or government choices affect society, using market equilibrium (5 credits)

  8. Why? (Good stuff) • Kids engage really well with the production standard and business activity – relatively high pass rates and endorsements • Get to see how economics and business are linked • Teaching moments can come out of it (excess supply on market day, so prices fall) • Business activity relatively easy to assess • Only doing 2 internal assessments instead of 3 if you were doing a ‘pure’ economics course. • Could easily add marketing mix AS (3 credits) to the course as much of it is completed in the business activity.

  9. Downside? • Kids don’t get to study circular flow • Understanding of which is helpful in level 3 macro AS • Any others?

  10. What? Level 2 Course ‘Economics and Enterprise’ Summary • 20 Credits • 16 Internal (Business Activity and Economic Theory) • 4 External (Economic Theory)

  11. What? Level 2 Course ‘Economics and Enterprise’ Internal Standards • 90848 Carry out, review and refine a business activity within a community context with guidance.(9 credits) • 90847 Conduct market research for a new or existing product (3 credits) • 91225 Analyse unemployment using economic concepts and models (4 credits)

  12. What? Level 2 Course ‘Economics and Enterprise’ External Standards • 91222 Analyse inflation using economic concepts and models (4 credits)

  13. Why? (Good stuff) • Kids engage really well with the business activity – relatively high pass rates and endorsements in a high credit standard. • You get to ‘double dip’ as the market research they have to do for the business plan can then be turned into the market research standard. • Business activity relatively easy to assess (for 9 credits worth – once you get your head around it!) • High level of internals - which the kids enjoy. • Only 20 credits. Less pressure time wise. • Only one external to prepare for. Good pass rates/endorsements • Groups can link in with YES if they want.

  14. Downside? • Kids miss out of some economic issues (Trade, Growth- understanding of which is helpful in level 3 macro AS and as a background for Scholarship) • Any others?

  15. To Finish… • Questions? • Thoughts? • Discussion?

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