Course: How do producer decisions impact on production?(NCEA L1 - Economics)
Why do producers make decisions about production? How do the decisions made by producers about production impact on producers, employees and the wider community (society)?
When:
Term Two
Subject Area(s)
Economics
NCEA L1
Why do producers make decisions about production? How do the decisions made by producers about production impact on producers, employees and the wider community (society)? New Zealand is made up of lots of businesses who make decisions everyday about how, what and for whom they produce. These decisions have an impact on the producer but also on their employees and New Zealand as a whole. How does the decisions made by Whittakers about the ingredients they use impact on the environment? Why does Whittakers create little chocolate Kiwis and how does this impact on their business?
The aim of this course is to introduce some of the key ideas and concepts about producer decisions. We will explore resource use, specialisation, division of labour, technology, price and non-price marketing and investigate how the decisions made in these areas will impact on the producers, employees and the wider New Zealand community. We will do all of this through the lens of a New Zealand company.
Requirements
Learning in Economics is a blend of independent work and discussions. This means that you will need to not only complete tasks for feedback, but you will also use online tools and the video conference to discuss the choices made by consumers, producers and the government in response to economic events and the flow on effects of these choices using the economic models and your ideas. Full participation in all activities is required plus sharing both within online community and the face to face sessions.
Assessment
This is a NCEA Level 1 course which means that you will be assessed under the following standards.
90984 Demonstrate understanding of decisions a producer makes about production (Internal) (5 credits)
About the Teacher
Marina Krijgsman teaches Economics, Accounting and Mathematics at Rangiora New Life School. She has taught Level 1 Economics for NetNZ for the last six years. Marina is passionate about learning and her family. She spends most of her time outside of teaching enjoying her children’s pursuits on the football field and in their other interests.