ACCOUNTING 31 (ACCO31)

Content:

In this course students will develop their understanding of how accounting concepts may be applied to a wide range of business structures including partnerships and companies. Students will prepare a wide range of accounting entries for partnerships and companies.

NZQA External Assessment:

AS 90500 (v2) Conceptual basis - 4 credits
AS 90501 (v3) Partnerships & companies - 3 credits

Prerequisites:

ACCO21 or ACCO22

Stationery:

1 x 1B5 Exercise Book, 1 x 3 column cash refill

ACCOUNTING 32 (ACCO32)

Content:

In this course students will prepare financial statements for partnerships and companies following generally accepted accounting practice. Students will prepare a detailed report that comprehensively analyses and interprets a company's financial report and fully justifies a conclusion.

NZQA Internal Assessment:

AS 90504 (v2) Company report - 5 credits

NZQA External Assessment:

AS 90503 (v3) Prepare financial statements for partnerships and companies - 6 credits

Prerequisites:

ACCO21 or ACCO22

Stationery:

1 x 1B5 Exercise Book, 1 x 3 column cash journal

ECONOMICS 31 (ECON31)

Content:

In this course students will study economic theory on a micro level. Students will examine the short run and long run behaviour of firms using marginal analysis. Students will understand the economic problem of scarcity, allocative efficiency and how markets respond to change.

NZQA Internal Assessment:

US 5864 (v4) Marginal Utility and Elasticity - 5 credits

NZQA External Assessment:

AS 90629 (v3) Marginal Analysis - 5 credits
AS 90630 (v2) The Market and allocative efficiency - 4 credits

Prerequisites:

Nil

Stationery:

1 x 12-8-2 Ringbinder, 1 x A4 Refill or 1B5 Exercise Book

ECONOMICS 32 (ECON32)

Content:

In this course students will study economic theory on a macro level. Students will study market failure and the response of government intervention in relation to market failure. In particular students will study the positive and negative externalities of resource allocation in the economy. A major focus of this course is on aggregate economics, including aggregate demand and supply. Students will also study money supply, foreign exchange, and monetary and fiscal policy.

NZQA Internal Assessment:

US 5865 (v4) Resource allocation - 5 credits
AS 90778 (v2) Economic analysis & investigation - 5 credits

NZQA External Assessment:

AS 90631 (v2) Public sector v the market - 4 credits
AS 90632 (v2) Aggregate economic activity - 6 credits

Prerequisites:

Any one of ECON11, ECON12, ECON21, ECON22, ECON31

Stationery:

1 x12-8-2 Ringbinder, 1 x A4 Refill or 1B5 Exercise Book

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