Waiopehu College
NCEA Level 1 Commerce
Course Description
Teacher in Charge: Mr F. Paulse.
You will learn about the range and type of information skills required for effective money management. You will also have the opportunities to develop accounting skills.
Commerce is the use and exploration of Accounting, Economic, and Business concepts and models to make sense of society and solve problems. In this subject, ākonga will build the knowledge, skills, and values they need to navigate, and participate in, the economic world. They will learn how participants in the economic world make decisions, and they will analyse how these decisions impact on sustainability.
Ākonga will learn that decision making is necessitated by scarcity, and that decisions are informed by a variety of cultural perspectives and lenses. Learning and assessment will examine Māori, Pacific, and other approaches to commerce, and business models from whānau and organisation contexts. (https://ncea.education.govt.nz/social-sciences/commerce?view=learning)
Course Overview
Term 1
Commerce 1.1
Demonstrate understanding of an organisation’s financial decision making
92028
5 CREDITS
Commerce 1.2
Demonstrate understanding of price determination for an organisation
92029
5 CREDITS
Term 2
Commerce 1.3
Demonstrate understanding of how interdependent financial relationships are affected by an event
92030
5
CREDITS
Term 3
Commerce 1.4
Demonstrate understanding of how an organisation's financial viability is affected by an event
92031
5 CREDITS
Revision of all External Standards
Term 4
Revision of all external standards.
Recommended Prior Learning
Successful completion of Junior Enterprise is an advantage, not mandatory.
Pathway
Chartered Accountant (CA)
Actuary
Cost Accountant
Company Secretary (CS)
Personal Financial Advisor
Research Analyst
Marketing
Entrepreneurship
Human Resource Management
Certified Public Accountant (CPA)
Retail Management
Cost Management Accountant (CMA)
Product Management
Sales Manager
Hotel Management
Budget Analyst
Relationship Manager
Stock Broker
Lawyer
Journalism
Mass Communication
Digital Marketing
Assessment Information
Internal: AS92028:Assessor involvement during the assessment event is limited to monitoring and guiding the early direction of the work, including guidance on the use of an appropriate model or concept. Student work which has received sustained or detailed feedback is not suitable for submission towards this Standard.
At the start of the assessment event, assessors need to stipulate or approve the selection of an organisation and item for price consideration.
Internal: AS92029:
Assessors should ensure student evidence at any achievement level includes discussion of pūtake in the context of an organisation’s financial decision-making. The evidence that shows understanding of pūtake is necessary to pass the Standard but does not contribute to the A, M, and E grade.
Assessor involvement during the assessment event is limited to monitoring and guiding the early direction of the work, including guidance on the selection and use of a financial tool. If helpful, assessors can provide checkpoints at specific stages to check progress on:
gathering evidence
sourcing financial documents
preparing a presentation.
External: AS92030:
Candidates will be required to respond to one question with multiple parts in response to a case study scenario.
The case study scenario will include information on four or five participants in society, which may include whānau, hapū, iwi, community organisations, and businesses.
Candidates will describe how an event affects a minimum of three financially interdependent relationships.
External: AS92031:
Candidates will be required to produce a report that demonstrates understanding of how an organisation's financial viability is affected by an event.
In their report, candidates will respond to an assessment activity and stimulus material that will be made available during Term 3.
The assessment activity will consist of a series of prompts guiding candidates on what to include in their report and a list of four ‘events’. Candidates will be required to select one event that relates to an organisation they have studied. The types of organisations for which events will be provided are:
- student business for a combined market day
- student business run in the community
- local business
- local non-profit organisation.
| Paper | Description | Type | Weighting |
|---|---|---|---|
| Paper | Internal | % |
Credit Information
You will be assessed in this course through all or a selection of the standards listed below.
This course is eligible for subject endorsement.
External
NZQA Info
Commerce 1.1 - Demonstrate understanding of an organisation's financial decision-making
NZQA Info
Commerce 1.2 - Demonstrate understanding of price determination for an organisation
NZQA Info
Commerce 1.3 - Demonstrate understanding of how interdependent financial relationships are affected by an event
NZQA Info
Commerce 1.4 - Demonstrate understanding of the financial viability of an organisation
Disclaimer
Standards shown on courses are only an indication and not all may be offered at the time of study.
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