Year 10 Business Studies

10BUS
Subject Description

Teacher in Charge: Mr M. Prasad

The Economic World – Students learn about the ways in which people participate in economic activities and about the consumption, production, and distribution of goods and services. They develop an understanding of their role in the economy and of how economic decisions affect individuals and communities.

“A simple decision to buy a milkshake in an economist’s eye is seen as players in an intricate game of signals and negotiations. The game is for high stakes; some of the people who worked to get the milkshake in front of you make a lot of money, some of them made very little and some of them are after the money in your pocket right now. Some of the producers involved used sustainable production techniques and others used the cheapest methods they could, some sell their products on global markets and others deliver it to your local dairy.”

Students complete an Achievement Standard to get 3 NCEA Credits


Subject Overview

Term 1
Introduction to Supply - 4 credits towards Junior Diploma
Market- Equilibrium - Demand and Supply model

Term 2
Production and productivity – 4 credits towards Junior Diploma
Insurance- basis and principles
Clever Consumer- rights and responsibilities

Term 3
Exchange - 4 credits towards Junior Diploma
Basic Accounting
AS90840 Apply the marketing mix to a new or existing product

Term 4
AS90840 Apply the marketing mix to a new or existing product

Pathway

Year 11 Economics, Year 12 Economics, Year 13 Economics

Recommended Prior Learning

Open Entry


Credit Information
Assessment
Level
Internal or
External
Credits
L1 Literacy Credits UE Literacy Credits Numeracy Credits
A.S. 90840 v3 Business Studies 1.4 - Apply the marketing mix to a new or existing product
1
I
3
Y
Total Credits

Total Credits Available: 3 credits.
Internally Assessed Credits: 3 credits.