NCEA L2 Economics case studies
NCEA L2 Economics · Put your knowledge to work in context.
NCEA Level 2 Economics is a Social Sciences subject within the New Zealand Curriculum, assessed through Level 2 achievement standards. NZQA describes economics as the study of decision-making through the use of economic concepts such as mātauranga, economic models, and indicators. The NCEA L2 Economics case studies are 5 cases and about 4,008 words.
1Cost-push pressure at a Whangārei café
Whangārei café and bakery owner Mere has kept a weekly set of figures since January. Her butter cost has risen from 7.20 to 8.60 per kg, chocolate buttons from 9.00 to 10.40 per kg after the NZ dollar fell from US 0.62 to US 0.58, and her two junior staff now cost 6% more after the minimum wage rose.
825 words, about 4 min2Exchange rate exposure for a Te Puke kiwifruit exporter
Te Puke kiwifruit exporter Hine has signed a contract to sell 100,000 trays of Gold kiwifruit to a Japanese importer at US 28 per tray, with payment in US dollars on delivery in June. When the contract was signed in February the exchange rate was NZ 1 = US 0.60; by June it is US 0.66.
827 words, about 4 min3Growth without prosperity in Rotorua
Rotorua's economy grew 3.2% in the year to March, according to regional GDP estimates, but the district's population grew 4.5% over the same period. Most of the growth came from a new 180 million timber processing plant employing 140 people and from construction of 320 new houses.
779 words, about 4 min4Seasonal and cyclical job losses in Queenstown
Queenstown's labour market is in its off-season. The working-age population is 22,000.
770 words, about 4 min5A congestion charge for central Auckland
Auckland Council is consulting on a 5 congestion charge for private vehicles entering the city centre between 7 am and 9 am on weekdays. About 60,000 vehicles make that trip each day.
807 words, about 4 min