St Mary’s College (Wellington) St Mary’s College (Wellington)

Level 2 Commerce

Subject Description

Teacher in Charge:

Recommended Prior Learning

None, previous study at level 1 may help but is not essential.  

Commerce at level 2 NCEA allows for further study of Business and Economics.  The course can be altered to cater to individual student preferences such as a practical business course, a more theoretical use of Macroeconomics to understand the economy or a mixture of both. 

Macroeconomics involves a study of the bigger economic issues facing New Zealand such as Inflation, Economic Growth, International Trade, Unemployment and Inequality.  Students will learn how to use economic models and concepts to understand the causes and impacts of these issues as well as government policies to manage the economy.

Business Studies will allow the students to form groups to carry out an extended business activity with a community context. Students could also learn how to create a market research plan and/or investigate motivation theory and practice in a business or organization. 

Level 2 Commerce can be taken as either a stand-alone course or as a precursor to level 3 Commerce &/or the Young Enterprise Scheme.

To assist with course planning when selecting please indicate if you prefer either a) Mostly Business Course or b) Mostly Economics course.  

Alternatively if you would like to complete the Young Enterprise Scheme. 

Learning Areas:

Social Sciences

Assessment Information

Students will complete a minimum of 14-18 credits from a selection of level 2 Business or Economics achievement standards. Students can choose to complete either a mix of internal and external standards or complete internals only.
Note: Economics externals are currently paper based while Business Studies externals have a digital exam option.


Level 3 Commerce

Business Studies leads to management and marketing, and other Commerce areas at University​
​It gives you the skills and experience not just to be an employee, but to run the company.
Economics at level 2 leads to a wider variety of career pathways such as public service, journalism, teaching, politics, business, finance, engineering, law, social work to name just a few

Career Pathways

Cook, Mining Engineer, Actuary, Statistician, Baker, 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, Insurance Loss Adjuster, Bank Worker, Farmer/Farm Manager, Property Manager, Buyer, Contact Centre Worker, Motor Vehicle Salesperson, Insurance Claims Officer, Communications Professional, Event Manager, Managing Director/Chief Executive, Agricultural/Horticultural Scientist, Agricultural/Horticultural Consultant, Marine Biologist, Farm Assistant, Dairy Farmer, Crop Farmer/Manager, Nanny/Child Carer, Dairy Herd Manager, Dairy Farm Assistant, Dairy Farm Manager, Sharemilker

Contributions and Equipment/Stationery

Level 2 Economics:
An exercise book/refill/clear file for notes and practice exercises. A ruler and calculator.
Economics Workbook used in class: TBC $15-$20.

Level 2 Business:
An exercise book/refill for notes and practice exercises &/or personal laptop.
Start up capital. Students are likely to need to contribute personal funds to their business group. Other sources of finance can be via fundraising, loans, or seed funding applications.
YES Fee: For groups that wish to be involved in the Young Enterprise Scheme there is a $35 fee per student. This is an optional activity. YES also has a tax on end of year company profit.


All subject selections are provisional only and are subject to:

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