Te Kete Ipurangi Navigation:

Te Kete Ipurangi
Communities
Schools

Te Kete Ipurangi user options:


NCEA on TKI navigation

Changes to Economic standard 91402 clarifies content and evidence requirements

Changes to Economic standard 91402 clarifies content and evidence requirements

The Ministry of Education has made changes to Standard 91402: Demonstrate understanding of government interventions where the market fails to deliver efficient or equitable outcomes to add clarity to the content assessed and the evidence requirements.

The title of the standard previously referred to ‘market failure’ which generally means the failure of a market to allocate efficiently.  The title was changed to explicitly include equity as well as efficiency. 

Explanatory note 2 was also changed to clarify the evidence requirements to prevent unnecessary duplication of student evidence.

The updated achievement standard is now available on NZQA’s website and new assessment resources are available.

Return to top ^



Footer: