11 Commerce (11COM)
Course Description
Teacher in Charge: Nadene Brouwer, Nerida Britten.
11 Commerce
This course contains elements of three Commerce areas: Economics, Accounting, and Business, with an emphasis on Business. Commerce concepts and models are used to make sense of society and solve problems. There is a strong focus on student-centred learning as students take an active role in their learning by participating in a trip to a local business, and working in teams to design and market a product. Students will learn about local, sustainable businesses, including future-proofing strategies.
Course Components
Ākonga will:
- build the knowledge, skills, and values needed to navigate and participate in the economic world.
- learn how participants make decisions and analyse how these decisions impact on sustainability.
- learn that scarcity necessitates decision-making, and that cultural perspectives and lenses inform decisions.
Course Overview
Term 1
Students will look at different ways of making a financial decision, and then use a local business as a case study to advise them on a financial decision.
AS91028, 1.1 Demonstrate an understanding of an organisation's financial decision making , 5 credits Internal.
Term 2
In groups, students will learn how to run a business by making a product and selling it at a school Market Day. They will be assessed on how they set and review the price of their product.
AS92029, 1.2 Demonstrate and understanding of price determination for an organisation, 5 credits Internal.
Term 3
Students will use a business case study for a report that shows how an event could affect the financial viability of that business.
AS92031, 1.4 Demonstrate understanding of the financial viability of an organisation, 5 credits External.
Term 4
Students will be given a case study to demonstrate their understanding of how interdependent financial relationships are affected by an event.
AS92030, 1.3 Demonstrate understanding of how financial relationships are effected by an event, 5 credits, External.
Recommended Prior Learning
Open Entry
Pathway
Assessment Information
Possible CreditsExternal - 10 credits
Internal - 10 credits
Credit Information
You will be assessed in this course through all or a selection of the standards listed below.
This course is eligible for subject endorsement.
External
NZQA Info
Commerce 1.1 - Demonstrate understanding of an organisation's financial decision-making
NZQA Info
Commerce 1.2 - Demonstrate understanding of price determination for an organisation
NZQA Info
Commerce 1.3 - Demonstrate understanding of how interdependent financial relationships are affected by an event
NZQA Info
Commerce 1.4 - Demonstrate understanding of the financial viability of an organisation