Internal assessment resource Economics 1.

5A v2 for Achievement Standard 90987

PAGE !" #EA$%E" &SE
Internal Assessment Resource
Economics Level 1
#his resource su''orts assessment a(ainst)
Achievement Standard 90987
*emonstrate understandin( of a (overnment choice +here
affected (rou's have different vie+'oints
Resource title: John McGlashan College Sports Funing
, credits
#his resource)
$larifies the re-uirements of the standard
Su''orts (ood assessment 'ractice
Should .e su./ected to the school0s usual assessment -ualit1 assurance
'rocess
Should .e modified to ma2e the conte3t relevant to students in their school
environment and ensure that su.mitted evidence is authentic
*ate version 'u.lished .1
4inistr1 of Education
5ovem.er 2012 6ersion 2
#o su''ort internal assessment from 2017
8ualit1 assurance status #hese materials have .een -ualit1 assured .1 598A.
598A A''roved num.er A:A:11:2012:90987:01:,19,
Authenticit1 of evidence #eachers must mana(e authenticit1 for an1 assessment
from a 'u.lic source; .ecause students ma1 have
access to the assessment schedule or student e3em'lar
material.
&sin( this assessment resource +ithout modification
ma1 mean that students0 +or2 is not authentic. #he
teacher ma1 need to chan(e fi(ures; measurements or
data sources or set a different conte3t or to'ic to .e
investi(ated or a different te3t to read or 'erform.
#his resource is co'1ri(ht < $ro+n 2012 Pa(e 1 of 7
598A
A''roved

Internal Assessment Resource
Economics Achievement Stanar !"!#$: *emonstrate
understandin( of a (overnment choice +here affected (rou's have
different vie+'oints
Resource re%erence: Economics 1.5Av2
Resource title: =ohn 4cGlashan $olle(e S'orts undin(
Creits: ,
Achievement Achievement &ith Merit Achievement &ith
E'cellence
*emonstrate understandin(
of a (overnment choice
+here affected (rou's have
different vie+'oints.
*emonstrate in:de'th
understandin( of a
(overnment choice +here
affected (rou's have
different vie+'oints.
*emonstrate com'rehensive
understandin( of a
(overnment choice +here
affected (rou's have
different vie+'oints.
Stuent instructions
Introuction
#his assessment activit1 re-uires 1ou to demonstrate 1our understandin( of a
(overnment economic choice +here affected (rou's have different vie+'oints.
#he school has received an unrestricted donation of >20;000 and the ?oard of
Pro'rietors is thin2in( a.out ho+ to s'end the mone1. #he follo+in( are onl1 ideas
ideas@o'tions have .een 'ut for+ard .1 the follo+in( (rou's. #he ideas 'rovided so
far are)
(oc)e* A "e:turfin( of the tennis courts
Rug+* A *rainin( the ru(.1 field
(ostel A *evelo'in( the B$orner Patch0 A +ith a hard court area
Sports Council ,-ption 1. : Ci(htin( for the tennis courts
Sports Council ,-ption /. A ?uildin( Bives $ourts0
#hese are onl1 su((estions that have .een e3'ressed recentl1 .1 these (rou's. Dou
are a.le to investi(ate and 'ursue other o'tions for s'endin( this mone1.
#he ?oard of Pro'rietors has as2ed our class to carr1 out an investi(ation to find the
.est +a1 to use the >20;000. Dou +ill collect relevant information from the affected
(rou's. Dou then collate 1our results and 'resent them as a summar1 in a +ritten
re'ort that needs to loo2 li2e a re'ort that +ould .e ta.led at a ?!# meetin(.

0ue 0ate,s.:
Dou need to have created 1our o+n online surve1 .1 Fria* /" June1
*ata needs to .e collected no later than Fria* /$ June this allo+s 1ou time to
finalise 1our +rite:u'.
Dour internal needs to .e su.mitted .1 Fria* 2 Jul*1
Re3su+missions
All students +ill .e eli(i.le for a for re:su.mission o''ortunit1 A ho+ever not all
+ill .e (ranted it; it onl1 (oes to those +ho have sli(ht ad/ustments to ma2e that if
identified +ill enhance their overall final (rade. #he re:su.mission o''ortunit1 +ill
ta2e 'lace from Mona* /1 Jul*1
Dou +ill .e assessed on 1our individual contri.ution to (atherin( relevant information
and on ho+ +ell 1ou understand the (overnment choice; as demonstrated in 1our
+ritten re'ort.
4as)
Gather information
5art A: As 'art of the class (rou'; 1ou +ill)
a. Identif1 the limited means and@or scarce resources in this situation.
.. *escri.e the economic decision the ?oard of Pro'rietors must ma2e; and e3'lain
ho+ the economic decision is affected .1 limited means and@or scarce resources.
c. $ollect information a.out ho+ the >20;000 could .e s'ent from (rou's +ith
differin( vie+'oints affected .1 the decision.
Process and collate the information
5art 6: Eor2 .1 1ourself to com'lete this +or2. "efer to the information 1our (rou'
collected.
a. Ienti%* the options that different (rou's +ith different vie+'oints have 'ut
for+ard and the com'romises that the1 are 're'ared to ma2e.
.. Identif1 and e3'lain the compromises made .1 affected individuals and@or (rou's
and ho+ each (rou' feels a.out them.
c. Identif1 the main %actors Fstudent .enefit; value for mone1; meetin( ?!# (oals;
student voice; +ider communit1 vie+G 1ou +ill consider +hen evaluatin( each o'tion;
and consider the +ei(htin(s for these factors.
d. *o a cost7+ene%it anal*sis F'ositive and ne(ativeG of all 1our o'tions; .1
measurin( them a(ainst 1our chosen factors.
e. "an2 the o'tions .ased on the factors and their &eightings1
f. Recommen a ecision in a &ritten report to the ?oard. =ustif1 1our
recommendation .1 e3'lainin( the +ei(htin(s 1ou (ave to the different costs and
.enefits. "efer to the idea that some costs and .enefits are more si(nificant than
others.