Analyse how government policies and contemporary economic issues interact
NZQA suppresses grade rates for low-cohort standards.
You need to examine a government policy and a real economic problem, then explain how the policy affects that problem directly and what other economic problems it creates as side effects. You'll use economic graphs and models to support your analysis, showing how the policy's impacts ripple through the economy.
You describe a government policy targeting one economic issue, use an economic model to explain its direct impact, and identify flow-on effects on two other issues.
You provide detailed explanations of both the direct impact and the flow-on effects using economic models, showing how the consequences spread across the economy.
You justify why a combination of policies works better, use models to show exactly how impacts flow between issues, and explain how policies can be designed to minimise negative side effects on other areas.
Standards typically taken alongside or after this one. Same subject, grouped by level.