Achievement Standard 91228
Analyse a contemporary economic issue of special interest using economic concepts and models
Internal - 4 credits
Achievement |
Achievement with Merit |
Achievement with Excellence |
- Analyse a contemporary economic issue of special interest using economic concepts and models.
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- Analyse in depth a contemporary economic issue of special interest using economic concepts and models.
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- Analyse comprehensively a contemporary economic issue of special interest using economic concepts and models.
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Analyse involves:
- identifying, defining or describing concept(s) related to the contemporary economic issue
- providing an explanation of causes of the contemporary economic issue using economic models
- providing an explanation of the impacts of the contemporary economic issue on various groups in New Zealand society.
Analyse in depth involves:
- providing a detailed explanation of causes of the contemporary economic issue using economic models
- providing a detailed explanation of the impacts of the contemporary economic issue on various groups in New Zealand society.
Analyse comprehensively involves analysis:
- of causes of the contemporary issue by comparing and/or contrasting their impact on the contemporary economic issue
- of the impacts of changes in the contemporary issue by comparing and/or contrasting the impact on various groups in New Zealand society
- by integrating changes shown on economic models into detailed explanations.
Contemporary economic issue refers to a current issue of special interest to a local community or New Zealand society as a whole, which involves the allocation of scarce resources.
Economic concepts in this achievement standard are determined by the special interest issue chosen.
Models refer to simplified representations of the economic world that are used to explain economic relationships and will be determined by the special interest issue chosen.
