Level 1 Commerce
11COM Subject DescriptionTeacher in Charge:
Recommended Prior Learning- None, previous study at year 10 may help but is not essential.
Commerce at level 1 NCEA is an introductory course in Business and Economics.
Students will learn first-hand how businesses operate by forming companies and selling a product or putting on an event. Students will gain skills in team work and enterprise, time and self-management. Students will then use this experience to investigate and solve operational problems for small businesses.
The course then introduces students to one of the fundamental concepts of Economics. the Supply and Demand Model. Students will learn how to use this model to examine the choices of Producers & Consumers separately and the impact of these choices on different groups in a market. Students also use this model to analyze interventions by the Government such as taxation, subsidies and price controls. Finally students will end the course by using the Circular Flow Model of Interdependence to investigate how events like the COVID 19 Pandemic has affected our Economy.
Level 1 Commerce can be taken as either a stand-alone course or as a precursor to level 2 and 3 Commerce.
Learning Areas:
Assessment Information
Assessment standards are subject to change.
Level 2 Commerce, Level 3 Commerce
An Economics, Accounting, Business or Commerce Teacher :-), Economist, Accountant, Politician, Lawyer, Banking, Finance, Policy Analyst, Journalist, Engineering, Business Owner/Manager, Social Worker, Business Analyst, Business Advisor, Statistician, Union Leader, Farmer, IT
Career PathwaysCook, Hotel/Motel Manager, Cafe Worker, Debt Collector, Butcher, Waiter/Waitress, Cafe/Restaurant Manager, Urban/Regional Planner, Kitchenhand, Chef, Elected Government Representative, Sales Representative, Accountant, Auditor, Finance Manager, Receptionist, Advertising Specialist, Sales and Marketing Manager, Retail Manager, Bank Worker, Property Manager, Buyer, Contact Centre Worker, Motor Vehicle Salesperson, Managing Director/Chief Executive, Insurance Claims Officer, Communications Professional, Event Manager, Baker, Counsellor, Trainer, Interpreter, Musician, Driving Instructor, Early Childhood Teacher, Teacher of English to Speakers of Other Languages (ESOL), Primary School Teacher, Kaiwhakaako Māori, Translator, Nanny/Child Carer, Private Teacher/Tutor, Recreation Co-ordinator, Youth Worker, Secondary School Teacher, Teacher Aide, Actuary, Statistician, Economist, Policy Analyst, Tertiary Lecturer, Valuer, Mining Engineer, Survey Technician, Aeronautical Engineer, Aeroplane Pilot, Air Force Aviator, Air Force Officer, Mechanical Engineering Technician, Aircraft Maintenance Engineer, Product Assembler, Software Developer, Army Soldier, Insurance Loss Adjuster, Sound Technician, Electronics Engineer, Human Resources Adviser, Agricultural/Horticultural Scientist, Agricultural/Horticultural Consultant, Beekeeper, Aquaculture Farmer, Farmer/Farm Manager, Deckhand, Fishing Skipper, Farm Assistant, Diver, Dairy Farmer, Crop Worker, Crop Farmer/Manager, Fencer, Wool Classer, Hunter/Trapper, Agricultural/Horticultural Field Representative, Nursery Grower/Worker, Shearer, Orchard Farmer/Manager, Dairy Herd Manager
Contributions and Equipment/StationeryAn exercise book/refill/clear file for notes and practice exercises. A ruler and calculator.
Level 1 Economics LWB, Philip Jellyman $25-30 (Optional)
Business Studies
Start up capital: Students may need to contribute funds to their business group but are encouraged to create a product that uses recycled &/or freely sourced materials or in if carrying out an event, fundraise.
EOTC: 1-2 Half day field trips to a local business/organization. Cost: Bus/Train fare