1COMM

Level 1 Commerce

Course Description

Teacher in Charge: Mrs A. Nelson.

Commerce is a foundational course combining aspects of economic activity, including accounting and business practices. Economic activity shapes the daily lives of all New Zealanders. How we earn and spend has a significant effect on our quality of life, as well as the environment in which we live. All parts of society need to make choices about how to best meet their needs and wants with limited resources. Ākonga will also explore concepts like demand and supply, market analysis and how businesses depend on each other. They will build the skills to understand how major events affect different groups and use models and financial tools to report and analyse the impacts of decisions on society.


Introductory Video

Pathway

Credit Information

You will be assessed in this course through all or a selection of the standards listed below.

Total Credits Available: 15
Internal Assessed Credits: 10
External Assessed Credits: 5
Assessment
Description
Level
Internal or
External
Credits
L1 Literacy Credits
UE Literacy Credits
Numeracy Credits
A.S. 92028 v3
NZQA Info

Commerce 1.1 - Demonstrate understanding of an organisation's financial decision-making


Level: 1
Internal or External: Internal
Credits: 5
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: Y
A.S. 92029 v3
NZQA Info

Commerce 1.2 - Demonstrate understanding of price determination for an organisation


Level: 1
Internal or External: Internal
Credits: 5
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0
A.S. 92030 v2
NZQA Info

Commerce 1.3 - Demonstrate understanding of how interdependent financial relationships are affected by an event


Level: 1
Internal or External: External
Credits: 5
Level 1 Literacy Credits: Y
University Entrance Literacy Credits: 0
Numeracy Credits: 0
Credit Summary
Total Credits: 15
Total Level 1 Literacy Credits: 5
Total University Entrance Literacy Credits: 0
Total Numeracy Credits: 5