South Otago High School

South Otago High School

Quality Education in a Supportive Community

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Thai Visit March 2015
Thai Visit March 2015
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OE Catlins River Walk
OE Catlins River Walk
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Duke of Ed Hollyford
Duke of Ed Hollyford
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Curriculum

Business Studies

Subjects Offered:

Year 10 BUSINESS ENTERPRISE

AIMS:

  1. To investigate the diversity of ways of solving the economic problem of scarcity based on differing values, cultures and means.
  2. To increase student awareness of the business environment around them, from the point of view of an individual and a business.
  3. To encourage community and participation by linking concepts to the community around them, and encouraging them to work together on tasks.
  4. To give an insight into the compiling and understanding of accounting reports.
  5. To enable students to apply economic and financial knowledge and skills to practical situations.

CONTENT:

This course is run as a two period per week option over the course of the school year. It is taught in modules of work covering concepts of scarcity and choice, what work is all about, the consumer and the law, Accounting for small businesses, and Enterprise (making a business plan to suit a brief).

Much of this course is planned around “hands on” tasks such as role playing, product creation, completing challenges given and drafting designs. Also, when time allows, students in groups plan, create and advertise a product that they then sell on Market Day.

 

ACCOUNTING – YEAR 11, 12 & 13

AIMS:

  1. To develop student’s understanding of the role of Accounting in society as a financial language for individuals, community organizations and businesses.
  2. To give an insight into the functioning of businesses and the role of Accounting in the decision-making process of organizations.
  3. To develop in students, a level of financial literacy and understanding which allows them to develop a continuing interest in business accounting.
  4. To develop students recognition of systematic models representing physical activities
  5. To develop the skills of reasoning clearly by means of analytical techniques, allowing students to present and interpret financial data and arguments in a clear, coherent manner.

CONTENT:

Level 1

This course offers 24 credits from six achievement standards and covers:

Processing transactions for a small entity, investigating methods of cash management, compiling financial reports for a small entity and for a community organisation and analysing financial reports for a small entity.

Level 2

This course offers 19 credits from five achievement standards and covers:

Processing transactions using computer software, accounting for an inventory sub-system and an accounts receivable sub-system, and compiling financial reports for an entity that uses sub-systems.

Level 3

This course offers 22 credits from five achievement standards and covers:

Creating the books for a partnership.  Calculating and distributing profits within the accounting system. Running a “job cost sub-system” and creating quotes, accounting for manufacturing and management decision making. Compiling the annual financial statements for a registered company.

 

ECONOMICS – YEAR 12 & 13

AIMS:

1 To develop in students an appreciation of the New Zealand economic and business environment.

2 To develop students skills in graphical construction and interpretation.

3 To enable students to apply economic knowledge, theory and skills to practical situations.

4 To develop the skill of reasoning clearly by means of analytical techniques, allowing students to present and interpret economic data and arguments in a clear, coherent manner.

5 To develop in students a level of economic literacy and understanding which allows them to develop a continuing interest in contemporary economic issues.

 

CONTENT:

Level 2

This course offers 22 credits from five achievement standards and covers:

Economic issues of unemployment, inflation and economic growth. Causes of these issues and government policies that are available to address them.

Level 3

This course offers 18 credits from four achievement standards and covers:

The working of the market system and how the system can be considered allocatively efficient. Situations in which the market system is considered to “fail” society and the policies government could adopt to address these. The various forms of market structure and competition, and how this impacts on firms profit levels and output decisions.

 

Department Staff:

Ms Kath Brown