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 learn how credit and debt can impact on personal finances, and about factors that contribute to debt being manageable or unmanageable.
US28088, Describe credit and debt and their impacts on personal finances, 3 credits Internal.
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 - 5 credits
Internal - 13 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
Describe credit and debt and their impacts on personal finances
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 entities with interdependent financial relationships are affected by an event