WELCOME TO ECONOMICS

 WHAT IS ECONOMICS?

Economics examines how people make choices about the use of limited resources to satisfy unlimited wants. Economics helps explain and predict how goods and services will be produced and consumed.

WHY IS ECONOMICS USEFUL?

Economics provides us with a toolkit to make informed choices and better use of our scarce resources.

Economics students explore issues that directly impact their lives, such as, whether to do homework or go to a movie, extract mineral resources today or save them for the future.

New Zealanders are affected by the economic decision-making of individuals, communities, businesses, and government agencies in New Zealand and overseas. By studying economics, students make sense of the New Zealand economy and its connections to the global economy.