Analyse a contemporary economic issue of special interest using economic concepts and models
NZQA suppresses grade rates for low-cohort standards.
You need to pick a real economic problem that matters to your community or New Zealand right now, and explain what caused it and who it affects using actual economic theories and diagrams. The key is showing you understand both the economic reasoning behind the problem and how different groups of people experience it differently.
You identify relevant economic concepts, use at least one economic model to explain causes, and describe how the issue affects different groups in society.
You provide detailed explanations of both what causes the issue (using economic models in detail) and comprehensive descriptions of how it impacts various groups, with clear links between causes and impacts.
You compare or contrast multiple factors affecting the issue, show how changes in different variables affect different groups differently, and integrate economic model changes into sophisticated explanations that demonstrate deep understanding.
Standards typically taken alongside or after this one. Same subject, grouped by level.