LC ECONOMICS
Content
Exam Structure
Higher Level & Ordinary Level
Data sources: The information on this page has been compiled from www.careersportal.ie
Content
- The subject is concerned with understanding the workings of a modern economy from both Macro and Micro level. The main topics covered are:
Demand, Supply, Consumer, Cost of Production, Elasticity, Market Structures, Perfect Competition, Monopoly, Price Discrimination, Imperfect Competition and Oligopoly and Factors of Production – Land, Labour, Capital and Enterprise. Macro consists of Money & Banking, National Income, Government & Economy, International Trade, Economic Growth & Development and History of Economic Thought. - There are no projects, practical aspects, field trips, etc. Teacher may include project work but it is not a requirement of the syllabus.
- There is a common syllabus covering Higher and Ordinary level, which will fulfill the aims and objectives.
Exam Structure
Higher Level & Ordinary Level
- One Paper – 2.5 hour paper
- Section A – 9 Q’s do 6 (100 marks)
- Section B – 8 Q’s do 4 (75 each. 300 in total). Large element of choice here.
Data sources: The information on this page has been compiled from www.careersportal.ie