The aim of the Commerce Department is to guide students to learn about the ways in which people participate in economic activities and about the consumption, production and distribution of goods and services. They develop an understanding of their role in the economy and of how economic decisions affect individuals and communities. The Department also helps create students that are financially more literate. Students will then make more informed decisions about fiscal responsibility and improving their general well-being.
This is achieved by providing students with the skills and knowledge required to be more responsible citizens which is the cornerstone of a healthy and vibrant economy.
Year 10 Commerce
This is a foundation course, offering a brief introduction to Accounting, Business Studies and Economics. The course also provides some general consumer financial information that is beneficial to all people: knowledge about credit, budgets and responsible spending.
Year 11 -13
Accounting enhances financial literacy by enabling students to develop the knowledge and skills to manage the financial affairs of individuals, communities and businesses.
Accounting gives students the tools to make real-life financial decisions in a constantly changing and uncertain world, as they learn the accounting processes and financial statements that are used by a range of businesses, from sole traders in Year 11 to partnerships and companies in Year 13.
Studying Business Studies will stimulate future entrepreneurs to think about what is involved in starting their own business. It will provide students with the knowledge and skills they need to produce and market their own product. Students will also understand the different internal and external factors such as sources of funding and legal influences that will impact on the success of a business. It will also give them insight into what decisions business owners have to make as well as the consequences of these decisions for the business and society in general.
In Year 11 students will study small to medium size businesses, in Year 12 they study medium to large businesses and in Year 13 they will study how global markets impact on New Zealand businesses.
Studying Economics enables students to attain a level of economic literacy and understanding which allows them to develop a continuing and critical interest in contemporary economic issues. Economics helps students to understand how the economy operates, the participants in the economy of consumers, producers, government, financial institutions and the overseas sector, and how the various groups interact. This is done by creating economic models: supply and demand in Year 11 which is developed in Year 12 and Year 13 to money markets, the labour market and AD/AS models.
All Commerce subjects are elective; however, they should be compulsory for any student who wants to be involved in business, whether as a manager or an owner of their own business, or as a tradesman. It also provides good financial literacy, a great life skill to have.
Year 10 Commerce is an introduction to Accounting, Business Studies and Economics.
Years 11 – 13 Accounting, Business Studies and Economics lead towards Commerce-related degrees at university and the subjects can be included in other degrees.
Commerce Department Staff