This course is divided into two sections. The first is microeconomics and the market system – how the market system sets prices and the competitive nature of firms in the market place.. The second is macroeconomics and government policies – the behaviour of the New Zealand economy as a whole.

Students will learn about inflation, unemployment, trade and economic growth. Students will learn about our economic system and the policies used by Government in the New Zealand economy.

This open entry course is an introduction to Economics. Topics include: consumer choices, scarcity and demand; producer choices and decisions about production;  government choices and how they affect society; interdependence of sectors in the New Zealand economy; and the market economy.