What is Level 2 NCEA Economics?

Economics is the study of scarcity and decision making. It is about how people organise the resources available to satisfy their needs and wants.

 Level 2 Economics studies the effects of scarcity and decision making on society as a whole.

 Economics provides a foundation for careers in accounting, business, government and politics, finance and insurance, information technology, law, management, marketing and tourism, public policy, teaching and education.

Introduction to basic Economic Concepts for Level 2 students

Describe inflation and its causes and effects using economic models