Demonstrate understanding of how market forces affect supply of and demand for New Zealand primary products
AS91530 is an external exam (sat at the end of the year under NZQA conditions) worth 5 credits. You pick a New Zealand primary product — something like kiwifruit, beef, wine, or apples — and show that you understand how market forces push supply and demand up or down for that product. Market forces are things like weather, exchange rates, trade agreements, consumer trends, prices, and government rules. The exam has three parts and you answer all of them about your chosen product.
You can name and define a market force and make a basic, believable link to how it affects supply or demand of your product. Your answer is broad or theoretical and doesn't need to include specific numbers.
You do everything at Achieved level but also include specific numbers — actual prices, quantities, volumes, or dollar values — to show the impact of the market force on supply and demand. Your answer is well-organised and clearly focused on the question.
You go beyond explaining and actually analyse the significance of trade agreements on both supply and demand. You name a real, current free trade agreement, use both qualitative and quantitative data, and discuss what it actually means for your product — not just what trade agreements are in general.
Standards typically taken alongside or after this one. Same subject, grouped by level.