90988 Interdependence of Sectors of the New Zealand Economy - Home Use
90988 Interdependence of Sectors of the New Zealand Economy - Home Use
LearnWell Digital
This version of the resource is for home use. Students work independently through the resource. If you are a teacher, you should purchase the school use version.
Expired NCEA Achievement Standards
What you'll learn
This course covers the things you'll need to know and be able to do for Achievement Standard, 90988 (Economics 1.6) Demonstrate understanding of the interdependence of sectors of the New Zealand economy (3 credits, version 3).
Your teacher will talk to you about the internal assessment task you'll do once you're confident with the ideas in this course.
This course is divided into three modules.
1. The sectors of the economy
In this module you'll learn about each of the five sectors in the economy and the relationship between them.
2. Interdependence and the circular flow
In this module you'll learn how the economic sectors you've learnt about are interdependent, how money and resources flow between the different sectors, and how we can visualise all of these flows with the circular flow model.
3. The impacts of events on the economic sectors
In this module you'll look at a range of common economic events, including when interest rates rise or fall, and what happens in the different sectors as a result of those different events.
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