ECONOMICS
Unit 2: Economics
Unit 3: Economics
Market Failure
A Course
Nature and purpose of economics
- discuss the relationship between economic events and outcomes (ECOA05)
- explain the economic role of individuals, firms, institutions, markets and governments (ECOA06).
Types and forms
- explain the consequences of contemporary economic issues on individuals, firms and governments (ECOA08).
Issues, perspectives and viewpoints
- identify and describe trends and patterns, infers relationships, and makes predictions and inferences (ECOA09).
T Course
Nature and purpose of economics
- analyse the relationship between economic events and outcomes (ECOT05)
- evaluate the economic role of individuals, firms, institutions, markets and governments (ECOT06).
Types and forms
- hypothesise the consequences of contemporary economic issues on individuals, firms and governments (ECOT08).
Issues, perspectives and viewpoints
- identify and analyse trends and patterns, infers relationships, and makes predictions and inferences (ECOT09).
M Course
Nature and purpose of economics
- describe the economic role of individuals, firms, institutions, markets and governments (ECOM04).