12COM

Level 2 Commerce

Subject Description

Teacher in Charge: V. Fraser

Commerce at Level 2 is a study of the bigger economics issues facing New Zealand as well as exploring finer Business Studies concepts and implementing theory into practice.   

There is a combination of Business Studies concepts with Economic concepts allowing the students to learn a broad range of key ideas within commerce and the world around them.

The course focuses on 4 issues:

  • Motivation Theory, Carry out a Business activity, Economic Growth and International Trade

In these issues and in overall study, students will be exposed to economic indicators such as RGDP (Real Gross Domestic Product), CPI (Consumer Price Index), HLFS (Household Labour Force Survey) and the Balance of Trade statistics.  

Students can expect to have a greater understanding of the RBNZ (Reserve Bank of NZ) in carrying out Monetary policy, the role and treasury and the government’s Fiscal policy, the RMA (Resource Management Act), Supplyside policies and the work of MFTA & NZTA with Trade.

Business at Level 2 brings in further concepts expanding into other functions of business. Specifically, students will look at Motivation Theory and seek to explain the relationship between the motivation practice and motivation theory in the business. Well-known motivation theories include Maslow’s hierarchy of needs, Taylor’s theory of scientific management, Mayo’s Hawthorne theory, Herzberg’s two-factor theorem, Mc Gregor’s X and Y theories, and Vroom’s expectancy theory.  

Students will then apply business knowledge, creating their own businesses in alignment with the Young Enterprise Scheme, competing Nationally in 5 challenges, gaining practical and real-life business skills.

These topics and concepts vertically align with the achievement standards taught in the Level 3 Commerce course.

Recommended Prior Learning

Previous study in Commerce is strongly recommended.

Contributions and Equipment/Stationery

The workbooks used during this course will be available for optional student purchase for approximately $26.00.

Pathway

Credit Information

Total Credits Available: 20 credits.
Externally Assessed Credits: 8 credits.
Internally Assessed Credits: 12 credits.

Assessment
Description
Level
Internal or
External
Credits
L1 Literacy Credits
UE Literacy Credits
Numeracy Credits
A.S. 90847 v2
NZQA Info
Business Studies 2.5 - Investigate the application of motivation theory in a business
Level: 2
Internal or External: Internal
Credits: 3
Level 1 Literacy Credits: Y
University Entrance Literacy Credits: 0
Numeracy Credits: 0
A.S. 91223 v2
NZQA Info
Economics 2.2 - Analyse international trade using economic concepts and models
Level: 2
Internal or External: External
Credits: 4
Level 1 Literacy Credits: Y
University Entrance Literacy Credits: 0
Numeracy Credits: 0
A.S. 91224 v2
NZQA Info
Economics 2.3 - Analyse economic growth using economic concepts and models
Level: 2
Internal or External: External
Credits: 4
Level 1 Literacy Credits: Y
University Entrance Literacy Credits: 0
Numeracy Credits: 0
A.S. 91384 v2
NZQA Info
Business Studies 3.6 - Carry out, with consultation, an innovative and sustainable business activity
9
9
9
9
Level: 3
Internal or External: Internal
Credits: 9
Level 1 Literacy Credits: Y
University Entrance Literacy Credits: 0 *
Numeracy Credits: 0
Credit Summary
Total Credits: 20
Total Level 1 Literacy Credits: 20
Total University Entrance Literacy Credits: 0
Total Numeracy Credits: 0

Disclaimer

All subject selections are provisional only and are subject to:

  • meeting any course entry requirements
  • minimum class sizes
  • the availability of teaching staff

and the final decision is at the discretion of the Head of Learning Area for that subject.