LEAVING CERTIFICATE
ECONOMICS
SUGGESTED
LONG TERM PLAN/SCHEME OF WORK
Thanks to PDST advisors, local facilitators and associates, teachers, students, PME students, lecturers and the SEC for use of resources. ALL resources are to be used at your own
professional discretion. If you have any resources that you wish to contribute, any comment you wish to make or any alterations you wish to suggest please email [email protected]
USING THIS RESOURCE
 Please use this resource at your own
professional discretion.
 The resources in blue are on the DVDROM that was distributed at the national
conference in 2014 and all resources will
be uploaded to the PDST Economics
website in due course.
 Please adapt this resource to meet the
needs of your own school context by
adding or deleting resources/methods as
required.
Suggested DVD’s & documentaries








The Ascent of Money
The Love of Money
Addicted to Money
The Shock Doctrine
Capitalism a Love Story
The Corporation
Animal Farm
Civilization: The West & the Rest
 There are suggested literacy & numeracy
strategies that you may need to adapt to
suit your own school Improvement Plan.
Thanks to PDST advisors, local facilitators and associates, teachers, students, PME students, lecturers and the SEC for use of resources. ALL resources are to be used at your own
professional discretion. If you have any resources that you wish to contribute, any comment you wish to make or any alterations you wish to suggest please email [email protected]
CONTEXTS OF LEARNING
TEMPLATES & INSTRUCTIONS
1
Introduction to Economics 8 (c)
Capital
13 (a) Government & the
Economy
Hyperlink instructions
2
Economic Systems
9
Elasticity
13
(b)
Suggested resources overview
3
Consumer & utility
10
Costs
13 (c) National Budget
KWHL
4
Demand
11 (a)
Perfect
Competition
14
Money & Banking
Think Pair Share
5
Supply
11 (b)
Monopoly
15
Inflation & the CPI
Anticipation Exercise
6
Market Mechanism
11 (c)
Oligopoly
16
International Trade
Bloom’s Taxonomy
7
Factor Markets
11 (d)
Imperfect
Competition
17
Economic Growth &
Development
Cube Creator
12
National
Income
18
Economics of
Population
Visual Verbal Square
19
Review of the History
of Economic Thought
Wordle/Tagxedo
8 (a) Land
8 (b) Labour
Taxation
8 (d) Enterprise
Thanks to PDST advisors, local facilitators and associates, teachers, students, PME students, lecturers and the SEC for use of resources. ALL resources are to be used at your own
professional discretion. If you have any resources that you wish to contribute, any comment you wish to make or any alterations you wish to suggest please email [email protected]
or
Studyclix OL
Thanks to PDST advisors, local facilitators and associates, teachers, students, PME students, lecturers and the SEC for use of resources. ALL resources are to be used at your own
professional discretion. If you have any resources that you wish to contribute, any comment you wish to make or any alterations you wish to suggest please email [email protected]
Thanks to PDST advisors, local facilitators and associates, teachers, students, PME students, lecturers and the SEC for use of resources. ALL resources are to be used at your own
professional discretion. If you have any resources that you wish to contribute, any comment you wish to make or any alterations you wish to suggest please email [email protected]
Suggested resources/activities & methods are constantly reviewed & updated
SLSS Graphic Organiser Booklet will be used throughout the course as a form of AfL along with, oral/written recap of previous lesson, use of lower,
higher and open questions with built in wait time, observation of pair and share, tests using multiple choice, matching terms with pictures or explanations,
calculations, and open questions, portfolio/project work to include research on internet, newspapers, preparing graphic organizers, flash cards & table
quiz designed by students. Other AfL resources are available on the NCCA website.
A variety of appropriate methodologies will be used during each lesson including lecture, one to one, individual work, guided discovery, pair work, group
work (3 to 4), jigsaw, placemat, my little book, student teaching & students creating on-line resources.
Comprehension strategies will include – KWHL, anticipation guides, visual verbal squares, skimming & scanning. Click here for further info.
Oral language will be developed through the use of think, pair & share, group work, oral presentations & debates.
Writing – high expectations will be set, use of editing checklist for spelling, punctuation & grammar, writing frames used for practicing exam questions.
Numeracy strategies will be integrated into lessons where appropriate eg. common use of calculators, key vocabulary, estimate/calculate/check, problem
solving strategies (Fact Explain, Example Diagram (FEED) etc. , think/pair/share). Show me boards will be used to practice drawing diagrams.
Interpretation of real life data.
LINKS TO CURRICULUM BASED RESOURCES
pdsteconomics
Scoilnet.ie
Examinations.ie
Studyclix.com
e-xamit.ie
Economics help
(a to z glossary,
notes etc.)
Economics basics
http://www.independent.ie/
60 second adventures in economics
Khan Academy
Share my lesson
http://www.tutor2u.net
Video tutorials
Economist free app
Links to up-to-date
statistics
www.ntma.ie
www.cso.ie
www.financegov.ie
www.imf.ie
www.wto.ie
www.un.org
LINKS TO WEB 2.0 TOOLS FOR CREATING RESOURCES
animoto.com (video)
Download Photostory
(video)
Download Audacity
(sound recording)
Wordle.net (word cloud)
Tagxedo.com (word cloud)
Studystack.com
(flashcards & games)
Quizlet.com
(flashcards, vocab)
Triptico
Freerice.com
Thanks to PDST advisors, local facilitators and associates, teachers, students, PME students, lecturers and the SEC for use of resources. ALL resources are to be used at your own
professional discretion. If you have any resources that you wish to contribute, any comment you wish to make or any alterations you wish to suggest please email [email protected]
KWHL - EXPLAINED
Pre-reading comprehension & Assessment for Learning (AfL) strategy
K
W
H
L
What do I know about this
topic?
What do I want to know
about this topic?
How do I find out more
about this topic?
What have I learned about
this topic?
EXAMPLE: ECONOMIC SYSTEMS
Is the way decisions are
made in a country about:
What goods are to be
produced?
How are these to be
produced?
How many types of economic
systems are there?
Reference
There are three economic systems.
They are:
What are they called?
Book pages or handout numbers
& dates
Which one is Ireland?
website urls
You Tube clips
Who is to benefit from the
production?
1. Free market/enterprise
2. Mixed economy
3. Centrally planned.
Ireland is a mixed economy
KWHL charts assist teachers in activating students' prior knowledge of a subject or topic and encourage inquisition, active reading, and
research. They may also serve as an assessment of what students have learned during a unit of study. The K stands for what students
know, the W stands for what students want to learn, the H stand for how they student will find out and the L stands for what the students
learn as they read or research.
KWL creator is available @ tinyurl.com/kwlcreator
Thanks to PDST advisors, local facilitators and associates, teachers, students, PME students, lecturers and the SEC for use of resources. ALL resources are to be used at your own
professional discretion. If you have any resources that you wish to contribute, any comment you wish to make or any alterations you wish to suggest please email [email protected]
KWHL
KWL creator is available @ tinyurl.com/kwlcreator
Pre-reading comprehension & Assessment for Learning (AfL) strategy
K
W
H
L
What do I know about this
topic?
What do I want to know
about this topic?
How do I find out more
about this topic?
What have I learned about
this topic?
Thanks to PDST advisors, local facilitators and associates, teachers, students, PME students, lecturers and the SEC for use of resources. ALL resources are to be used at your own
professional discretion. If you have any resources that you wish to contribute, any comment you wish to make or any alterations you wish to suggest please email [email protected]
THINK-PAIR-SHARE
Think about the question on your own and write down your thoughts
Share your thoughts with your partner
Listen to your partner’s ideas
Combine your ideas
QUESTION
MY THOUGHTS/IDEAS
MY PARTNERS
THOUGHTS/IDEAS
COMBINED IDEAS
Thanks to PDST advisors, local facilitators and associates, teachers, students, PME students, lecturers and the SEC for use of resources. ALL resources are to be used at your own
professional discretion. If you have any resources that you wish to contribute, any comment you wish to make or any alterations you wish to suggest please email [email protected]
Thanks to PDST advisors, local facilitators and associates, teachers, students, PME students, lecturers and the SEC for use of resources. ALL resources are to be used at your own
professional discretion. If you have any resources that you wish to contribute, any comment you wish to make or any alterations you wish to suggest please email [email protected]
Thanks to PDST advisors, local facilitators and associates, teachers, students, PME students, lecturers and the SEC for use of resources. ALL resources are to be used at your own
professional discretion. If you have any resources that you wish to contribute, any comment you wish to make or any alterations you wish to suggest please email [email protected]
BLOOMS TAXONOMY OF CRITICAL THINKING
A
1
Knowledge/Remembering
Count
Choose
Define
Describe
Draw
Identify
Label
Match
Name
Outline
Quote
Read
Recall
Recite
Recognize
Record
Select
State
Write
5 Ws – who, what, where, why,
when
B
2
Comprehension/
Understanding
Associate
Classify
Contrast
Compare
Compute
Convert
Defend
Demonstrate
Discuss
Distinguish
Estimate
Explain, Extend
Extrapolate
Generalize
Give examples
Infer
Interpret
Outline
Paraphrase, Predict
Rewrite, Rephrase
Summarise
3
Application
Add
Apply
Build
Calculate
Change
Classify
Construct
Complete
Demonstrate
Divide
Examine
Graph
Manipulate
Modify
Organise
Prepare
Produce
Present
Show
Solve
Use
C
4
Analysis
5
Synthesis/Creating
Analyse
Arrange Breakdown
Combine
Design
Detect
Develop
Diagram Differentiate
Discriminate
Dissect
Examine
Illustrate
Infer
Investigate
Observe
Outline
Point out
Relate, Relationship
Select
Separate , Subdivide
Utilize
Categorize Combine
Compile
Compose
Create
Design
Devise
Generate
Invent
Imagine
Modify
Order
Organize
Plan
Rearrange Reconstruct
Reorganize
Revise
Summarize Transform
Specify
6
Evaluation
Appraise
Assess
Compare
Conclude
Contrast
Criticize , Critique
Debate
Deduce
Determine
Disprove
Evaluate
Grade
Interpret
Judge , Justify
Measure
Opinion
Prove
Rank, Rate
Recommend
Support
Test
Thanks to PDST advisors, local facilitators and associates, teachers, students, PME students, lecturers and the SEC for use of resources. ALL resources are to be used at your own
professional discretion. If you have any resources that you wish to contribute, any comment you wish to make or any alterations you wish to suggest please email [email protected]
Thanks to PDST advisors, local facilitators and associates, teachers, students, PME students, lecturers and the SEC for use of resources. ALL resources are to be used at your own
professional discretion. If you have any resources that you wish to contribute, any comment you wish to make or any alterations you wish to suggest please email [email protected]
Thanks to PDST advisors, local facilitators and associates, teachers, students, PME students, lecturers and the SEC for use of resources. ALL resources are to be used at your own
professional discretion. If you have any resources that you wish to contribute, any comment you wish to make or any alterations you wish to suggest please email [email protected]
WORD CLOUDS - TAGXEDO.COM and WORDLE.NET
Thanks to PDST advisors, local facilitators and associates, teachers, students, PME students, lecturers and the SEC for use of resources. ALL resources are to be used at your own
professional discretion. If you have any resources that you wish to contribute, any comment you wish to make or any alterations you wish to suggest please email [email protected]
LEAVING CERTIFICATE ECONOMICS
MICRO
TOPIC 1: INTRODUCTION TO ECONOMICS
WEEK:
Differentiated
Expected Learning Outcomes
The students will be able to do the following:
General
Literacy
Comprehension, writing, oral language
strategies
Syllabus
Revision
&
AoL
Numeracy
Language, estimation, problem solving
strategies
 Demonstrate an understanding of the
scope, purpose and limitations of
economics as a science
 Demonstrate an understanding economic
concepts such as wealth, income, welfare,
scarcity, choice, wants, needs, opportunity
cost and factors of production
 Explain how economists draw up theories
using Inductive and Deductive methods
 Identify the differences between factor,
intermediate and final markets and give
examples
 Differentiate between microeconomics and
macroeconomics
Book page
Workbook page
Worksheet no>
Economic goods doc
What is wealth doc
Powerpoints
Introduction to economics
The economic problem
Why you study economics
video
KWHL
KWL creator
pdsteconomics studystack (on-line games)
Q & A using Bloom’s prompts
Think-pair-share
My Little Book
Revision resources
Exam outcome verbs
Class tests
Collated SEC exams &
schemes
STUDYCLIX HL
STUDYCLIX OL
Tony Buzan on mindmaps
Thanks to PDST advisors, local facilitators and associates, teachers, students, PME students, lecturers and the SEC for use of resources. ALL resources are to be used at your own
professional discretion. If you have any resources that you wish to contribute, any comment you wish to make or any alterations you wish to suggest please email [email protected]
LEAVING CERTIFICATE ECONOMICS
MICRO
TOPIC 2: ECONOMIC SYSTEMS
Differentiated
Expected Learning Outcomes
The students will be able to do the following:
WEEK:
AfL & skills can be fostered through differentiated content, activities &
methodologies
General
Literacy
Comprehension, writing, oral language
strategies
Numeracy
Syllabus
 Differentiate between economic systems
 Identify and explain the advantages and
disadvantages of economic systems
Discuss Smith, Keynes, Marx’s contribution to
economic thought WRT economic systems
Revision
&
AoL
Language, estimation, problem solving
strategies
Book page
Workbook page
Worksheet no
Prezi presentation
Powerpoints
 Economic systems –
includes links to Animal
Farm, The Shock
Doctrine, interviews with
Milton Friedman & much
more
 Game
 Student presentation
Invisible hand video
KWHL
KWL creator
Revision resources
Class tests
pdsteconomics studystack
Cloze test doc
Matching doc
Q & A using Bloom’s prompts
Collated SEC exams &
schemes
Exam questions
template doc
Think-pair-share
STUDYCLIX HL
Anticipation guide
STUDYCLIX OL
Thanks to PDST advisors, local facilitators and associates, teachers, students, PME students, lecturers and the SEC for use of resources. ALL resources are to be used at your own
professional discretion. If you have any resources that you wish to contribute, any comment you wish to make or any alterations you wish to suggest please email [email protected]
LEAVING CERTIFICATE ECONOMICS
MICRO
TOPIC 3: THE CONSUMER & UTILITY (RATIONAL CHOICE THEORY)
Differentiated
Expected Learning Outcomes
The students will be able to do the following:
WEEK:
AfL & skills can be fostered through differentiated content, activities &
methodologies
General
Syllabus
 Define economic goods
 Explain the characteristics of economic good
 Explain and evaluate the assumptions
underlying consumer behaviour
 Explain and illustrate the concept of utility
 Explain the concept of marginal utility
 Define and illustrate the law of diminishing
marginal utility
 Explain and evaluate the assumptions
underlying the law of diminishing marginal
utility define and illustrate the principal of
equi-marginal utility
 Calculate the marginal utility
Book page
Workbook page
Worksheet no
Discuss Alfred Marshall’s contribution to economic
thought WRT consumer & utility
60 sec adventures in ec
rational choice theory clip
Literacy
Numeracy
Comprehension, writing,
oral language strategies
Language,
estimation, problem
solving strategies
KWHL
KWL creator
Calculate the
marginal utility
Revision
&
AoL
Revision resources
Class tests
pdsteconomics studystack
Economic goods doc
Powerpoints
The consumer & utility
Q & A using Bloom’s
prompts
Collated SEC exams &
schemes
Short questions doc
Think-pair-share
DM utility clip
STUDYCLIX HL
Anticipation guide
Consumer equilibrium clip
STUDYCLIX OL
LDMR video clip
Thanks to PDST advisors, local facilitators and associates, teachers, students, PME students, lecturers and the SEC for use of resources. ALL resources are to be used at your own
professional discretion. If you have any resources that you wish to contribute, any comment you wish to make or any alterations you wish to suggest please email [email protected]
LEAVING CERTIFICATE ECONOMICS
MICRO
TOPIC 4 : CONSUMER DEMAND (APPLICATION 1 OF RCT)
Differentiated
Expected Learning Outcomes
The students will be able to do the
following:
Syllabus
 Distinguish between individual demand
and market/aggregate demand
 List and explain the determinants and
influences of demand
 Explain a demand schedule and illustrate
by means of a demand curve
 Demonstrate a change in any of the
determinants of demand and interpret
the outcomes using diagrams
WEEK:
AfL & skills can be fostered through differentiated content, activities &
methodologies
General
Book page
Workbook page
Worksheet no
Powerpoints
Demand
Student presentation
Literacy
Numeracy
Comprehension, writing, oral
language strategies
Language,
estimation, problem
solving strategies
KWHL
KWL creator
Drawing diagrams
Labeling diagrams
Interpreting
diagrams
pdsteconomics studystack
Q & A using Bloom’s prompts
Show-me board to
practice drawing
diagrams & AfL
Movement & shifts video
Think-pair-share
Resources on scoilnet
Discuss Alfred Marshall’s contribution to
economic thought WRT consumer demand
Interactive demand
curve
Revision
&
AoL
Revision resources
Class tests
Collated SEC exams &
schemes
Exam questions
template doc
STUDYCLIX HL
STUDYCLIX OL
Worksheet
Video how supply and
demand affect the price of
silver
Anticipation guide
Demand recap video
video on supply and demand
of water, oil, jeans
Thanks to PDST advisors, local facilitators and associates, teachers, students, PME students, lecturers and the SEC for use of resources. ALL resources are to be used at your own
professional discretion. If you have any resources that you wish to contribute, any comment you wish to make or any alterations you wish to suggest please email [email protected]
LEAVING CERTIFICATE ECONOMICS
MICRO
TOPIC 5: PRODUCER SUPPLY (APPLICATION 2 OF RCT)
Differentiated
Expected Learning Outcomes
The students will be able to do the following:
AfL & skills can be fostered through differentiated content, activities &
methodologies
General
Syllabus
 Distinguish between individual supply and
market/aggregate supply
 List and explain the determinants and
influences of supply
 Explain the supply schedule and illustrate by
means of a supply curve
 Demonstrate a change in any of the
determinants of supply and interpret the
outcome using diagrams
WEEK:
Book page
Workbook page
Worksheet no
Literacy
Numeracy
Comprehension, writing,
oral language strategies
Language,
estimation, problem
solving strategies
KWHL
KWL creator
pdsteconomics studystack
Powerpoints
Supply
Student presentation
Supply video
Supply video 2
Movements & shifts in
supply curves (scoilnet)
Q & A using Bloom’s
prompts
Drawing diagrams
Labeling diagrams
Interpreting
diagrams
Show-me board to
practice drawing
diagrams & AfL
Revision
&
AoL
Revision resources
Class tests
Collated SEC exams &
schemes
STUDYCLIX HL
Think-pair-share
STUDYCLIX OL
Explain Say’s Law
Thanks to PDST advisors, local facilitators and associates, teachers, students, PME students, lecturers and the SEC for use of resources. ALL resources are to be used at your own
professional discretion. If you have any resources that you wish to contribute, any comment you wish to make or any alterations you wish to suggest please email [email protected]
LEAVING CERTIFICATE ECONOMICS
MICRO
TOPIC 6: THE MARKET MECHANISM (APPLICATION 3 OF RCT)
Differentiated
Expected Learning Outcomes
The students will be able to do the following:
AfL & skills can be fostered through differentiated content, activities &
methodologies
General
Syllabus
 Explain and illustrate, by means of a diagram,
equilibrium price and equilibrium quantity
 Apply the tools of demand and supply analysis
to price and quantity changes in markets
WEEK:
Book page
Workbook page
Worksheet no
Literacy
Numeracy
Comprehension, writing,
oral language strategies
Language,
estimation, problem
solving strategies
KWHL
KWL creator
pdsteconomics studystack
Drawing diagrams
Labeling diagrams
Interpreting
diagrams
Powerpoints
Discuss Alfred Marshall’s contribution to economic
thought WRT the market mechanism
Business 2,000 quiz
Q & A using Bloom’s
prompts
Quiz on supply & demand
Think-pair-share
Show-me board to
practice drawing
diagrams & AfL
Revision
&
AoL
Revision resources
Class tests
Collated SEC exams &
schemes
STUDYCLIX HL
STUDYCLIX OL
Thanks to PDST advisors, local facilitators and associates, teachers, students, PME students, lecturers and the SEC for use of resources. ALL resources are to be used at your own
professional discretion. If you have any resources that you wish to contribute, any comment you wish to make or any alterations you wish to suggest please email [email protected]
LEAVING CERTIFICATE ECONOMICS
MICRO
TOPIC 7: THE FACTOR MARKETS (APPLICATION 4 OF RCT)
Differentiated
Expected Learning Outcomes
The students will be able to do the following:
AfL & skills can be fostered through differentiated content, activities &
methodologies
General
Syllabus
 Define each of the factors of production
 Illustrate and explain the concept of derived
demand
 Demonstrate an understanding of the concepts
of marginal revenue productivity (MRP) and
marginal physical productivity (MPP)
 Examine the factors that affect MRP and MPP
 Demonstrate an understanding of that the
demand curve for a factor of production is its
MRP curve
 Apply MRP theory to both perfect competition
and monopoly/imperfect competition
 Illustrate the concepts of supply price,
economic rent, quasi economic rent and
transfer prices
WEEK:
Book page
Workbook page
Worksheet no
Literacy
Numeracy
Comprehension, writing,
oral language strategies
Language,
estimation, problem
solving strategies
KWHL
KWL creator
Revision
&
AoL
Revision resources
Class tests
pdsteconomics studystack
Powerpoints
Collated SEC exams &
schemes
Q & A using Bloom’s
prompts
STUDYCLIX HL
FOP matching exercise
Think-pair-share
STUDYCLIX OL
Visual verbal square
Thanks to PDST advisors, local facilitators and associates, teachers, students, PME students, lecturers and the SEC for use of resources. ALL resources are to be used at your own
professional discretion. If you have any resources that you wish to contribute, any comment you wish to make or any alterations you wish to suggest please email [email protected]
LEAVING CERTIFICATE ECONOMICS
MICRO
TOPIC 8 (a): FACTORS OF PRODUCTION – LAND
Differentiated
Expected Learning Outcomes
The students will be able to do the following:
AfL & skills can be fostered through differentiated content, activities &
methodologies
General
Syllabus
 Define land as a factor of production
 Give examples of land and state how they
contribute to the production of wealth
 Explain the economic characteristics of land
 Explain why land is a unique factor of production
 Explain why the demand for land is a derived
demand
 Illustrate and explain the concept of economic rent
 Explain the factors that influence the price paid for
land
 Describe the factors that determine the location of
a factory
 Explain the factors leading to the price of property
increasing/decreasing in Ireland
WEEK:
Book page
Workbook page
Worksheet no
Literacy
Numeracy
Comprehension, writing,
oral language strategies
Language,
estimation, problem
solving strategies
KWHL
KWL creator
pdsteconomics studystack
Powerpoints
Land
Sliderocket (NK)
Land
Q & A using Bloom’s
prompts
Drawing diagrams
Labeling diagrams
Interpreting
diagrams
Show-me board to
practice drawing
diagrams & AfL
Revision
&
AoL
Revision resources
Class tests
Collated SEC exams &
schemes
Exam questions
template doc
Think-pair-share
Sliderocket (NK)
Irelands property crash
STUDYCLIX HL
STUDYCLIX OL
Scoilnet Quiz
Discuss RICARDO’S contribution to economic thought
Thanks to PDST advisors, local facilitators and associates, teachers, students, PME students, lecturers and the SEC for use of resources. ALL resources are to be used at your own
professional discretion. If you have any resources that you wish to contribute, any comment you wish to make or any alterations you wish to suggest please email [email protected]
MICRO
TOPIC 8 (b): FACTORS OF PRODUCTION – LABOUR
Differentiated
Expected Learning Outcomes
The students will be able to do the following:
AfL & skills can be fostered through differentiated content,
activities & methodologies
General
Syllabus
 Define labour
 Illustrate and explain the concept of derived demand
 Demonstrate an understanding of MRP and MPP as they
relate to labour
 Examine the factors that affect the demand for labour by an
individual firm
 Illustrate by means of a diagram the relationship between
the wage rate and quantity demanded of labour
 Illustrate by means of a diagram the relationship between
the wage rate and the quantity supplied of labour
 Examine the factors affecting the mobility of labour
 Define geographical mobility and occupational mobility of
labour
 Illustrate and interpret the backward bending supply curve
of labour
 Illustrate and explain equilibrium wage level
 Examine the reasons for differences in wage rates
 Examine what factors make labour efficient.
WEEK:
Book page
Workbook page
Worksheet no
Powerpoints
Labour
Student
presentation
Literacy
Numeracy
Comprehension,
writing, oral
language
strategies
Language,
estimation, problem
solving strategies
KWHL
KWL creator
Drawing diagrams
Labeling diagrams
Interpreting
diagrams
pdsteconomics
studystack
Q & A using
Bloom’s prompts
Think-pair-share
Revision
&
AoL
Revision resources
Class tests
Collated SEC exams &
schemes
Show-me board to
practice drawing
diagrams & AfL
Exam questions
template doc
STUDYCLIX HL
STUDYCLIX OL
DISTINGUISH BETWEEN Smith & Marx labour theory of vaue
Thanks to PDST advisors, local facilitators and associates, teachers, students, PME students, lecturers and the SEC for use of resources. ALL resources are to be used at your own
professional discretion. If you have any resources that you wish to contribute, any comment you wish to make or any alterations you wish to suggest please email [email protected]
LEAVING CERTIFICATE ECONOMICS
MICRO:
TOPIC 8 (c): FACTORS OF PRODUCTION – CAPITAL
Differentiated
Expected Learning Outcomes
The students will be able to do the following:
AfL & skills can be fostered through differentiated content, activities &
methodologies
General
Syllabus
 Define capital and explain why interest is the
return
 Examine why capital is needed in an economy
 Explain the different types of capital
 Illustrate an understanding of marginal
efficiency of capital
 Explain the factors that influence marginal
efficiency of capital
 Compare capital widening and capital
deepening
 Define savings and stage those who save in
society
 Explain the factors that influence the level of
savings
 Evaluate why savings are important
 Define investment
 State the factors that influence the level of
WEEK:
Book page
Workbook page
Worksheet no
Literacy
Numeracy
Comprehension, writing,
oral language strategies
Language,
estimation, problem
solving strategies
KWHL
KWL creator
Revision
&
AoL
Revision resources
Class tests
pdsteconomics studystack
Powerpoints
Capital
Collated SEC exams &
schemes
Q & A using Bloom’s
prompts
Exam questions
template doc
Think-pair-share
STUDYCLIX HL
STUDYCLIX OL
mindmap
Thanks to PDST advisors, local facilitators and associates, teachers, students, PME students, lecturers and the SEC for use of resources. ALL resources are to be used at your own
professional discretion. If you have any resources that you wish to contribute, any comment you wish to make or any alterations you wish to suggest please email [email protected]
investment in an economy
 Examine why investment is important in an
economy
 Explain the loanable funds theory of interest
rates
 Explain the Keynesian theory of interest rates
Discuss Keynes & Marx’s contribution to economic
thought WRT capital
Thanks to PDST advisors, local facilitators and associates, teachers, students, PME students, lecturers and the SEC for use of resources. ALL resources are to be used at your own
professional discretion. If you have any resources that you wish to contribute, any comment you wish to make or any alterations you wish to suggest please email [email protected]
LEAVING CERTIFICATE ECONOMICS
MICRO
TOPIC 8 (d): FACTORS OF PRODUCTION – ENTERPRISE
Differentiated
Expected Learning Outcomes
The students will be able to do the following:
AfL & skills can be fostered through differentiated content, activities &
methodologies
General
Syllabus
 Explain profit, supernormal profit, enterprise
and entrepreneur
 Identify different risk-takers in the economy
 Explain why enterprise is a unique factor of
production
 Demonstrate an understanding of the role of
profit in an economy
 Examine the role that entrepreneurs play in an
economy
 Identify the risks taken by businesses
 Apply the concept of economic rent to
enterprise

WEEK:
Book page
Workbook page
Worksheet no
Literacy
Numeracy
Comprehension, writing,
oral language strategies
Language,
estimation, problem
solving strategies
KWHL
KWL creator
Calculating
economic rent &
transfer earnings
Revision
&
AoL
Revision resources
Class tests
pdsteconomics studystack
Powerpoints
Enterprise & economic
Rent
Collated SEC exams &
schemes
Q & A using Bloom’s
prompts
Exam questions
template doc
Think-pair-share
STUDYCLIX HL
STUDYCLIX OL
Thanks to PDST advisors, local facilitators and associates, teachers, students, PME students, lecturers and the SEC for use of resources. ALL resources are to be used at your own
professional discretion. If you have any resources that you wish to contribute, any comment you wish to make or any alterations you wish to suggest please email [email protected]
LEAVING CERTIFICATE ECONOMICS
MICRO
TOPIC 9: ELASTICITY
Differentiated
Expected Learning Outcomes
The students will be able to do the following:
AfL & skills can be fostered through differentiated content, activities &
methodologies
General
Syllabus
 Explain the concept of elasticity
 Explain price elasticity of demand (PED)
 Calculate PED from given data using the
supplied formula and interpret values for PED
 Demonstrate an understanding of the
usefulness of a knowledge of PED to the
consumer, producer and government
 Explain the factors that determine the PED of a
good
 Apply a knowledge of price elasticity to
determine the effect of a change in price on a
firm’s revenue and profits
 Explain cross elasticity of demand (CED)
 Calculate CED from given data using the
supplied formula and interpret values for CED
(substitute goods and complementary goods)
 Demonstrate an understanding of the
WEEK:
Book page
Workbook page
Worksheet no
Literacy
Numeracy
Comprehension, writing,
oral language strategies
Language,
estimation, problem
solving strategies
KWHL
KWL creator
pdsteconomics studystack
Powerpoints
Elasticity of demand
Elasticity of supply
Student presentations
WWTBAM on elasticity
Q & A using Bloom’s
prompts
Drawing diagrams
Labeling diagrams
Interpreting
diagrams
Calculating
PED
YED
CED
Think-pair-share
Revision
&
AoL
Revision resources
Class tests
Collated SEC exams &
schemes
Exam questions
template & answers
doc
Resources on scoilnet
Quiz on PED
Show-me board to
practice drawing
diagrams & AfL
STUDYCLIX HL
STUDYCLIX OL
Elasticity of demand video
Thanks to PDST advisors, local facilitators and associates, teachers, students, PME students, lecturers and the SEC for use of resources. ALL resources are to be used at your own
professional discretion. If you have any resources that you wish to contribute, any comment you wish to make or any alterations you wish to suggest please email [email protected]






significance of a knowledge of CED to a firm
Explain income elasticity of demand (YED)
Calculate YED from given data using the
supplied formula and interpret values for YED
(normal goods and inferior goods)
Apply a knowledge of income elasticity to
determine the effect of a change in income on
a firm’s sales
Explain price elasticity of supply (PES)
Calculate PES from given data using the
supplied formula and interpret values for PES
Explain the factors that affect the PES of a good
Discuss Alfred Marshall’s contribution to economic
thought WRT elasticity
Thanks to PDST advisors, local facilitators and associates, teachers, students, PME students, lecturers and the SEC for use of resources. ALL resources are to be used at your own
professional discretion. If you have any resources that you wish to contribute, any comment you wish to make or any alterations you wish to suggest please email [email protected]
LEAVING CERTIFICATE ECONOMICS
MICRO:
TOPIC 10: COSTS
Differentiated
Expected Learning Outcomes
The students will be able to do the following:
AfL & skills can be fostered through differentiated content,
activities & methodologies
General









Explain the short run period
Explain the long run period
Define implicit, explicit and opportunity cost
Define, apply and interpret the law of diminishing returns
Explain, calculate and illustrate average fixed cost, average variable
cost and average total cost
Explain, calculate and illustrate total, average and marginal revenue
and marginal cost
Define and illustrate total profit and normal profit
Derive and illustrate the SRAC (or SAC) and account for its shape
Define and identify the point of optimum production
Derive and illustrate the LRAC and account for its shape
Analyse the reasons why businesses grow (economies of scale) and
the constraints on growth (diseconomies of scale)
Examine the economic reasons for the survival of small firms in the
Irish economy
Explain social costs and benefits
Analyse the short and long run profit-maximising conditions of a
firm
Literacy
Comprehension, writing, oral
language strategies
Syllabus





WEEK:
Book page
Workbook page
Worksheet no
KWHL
KWL creator
Revision
&
AoL
Revision resources
Class tests
pdsteconomics studystack
Powerpoints
Costs
Costs of production
(student presentation)
Collated SEC exams &
schemes
Q & A using Bloom’s prompts
Think-pair-share
Numeracy
STUDYCLIX HL
STUDYCLIX OL
Drawing diagrams
Labeling diagrams
Interpreting diagrams
Calculating FC, VC, AC, MC,
Diminishing Marginal Returns,
TR, AR, MR
Thanks to PDST advisors, local facilitators and associates, teachers, students, PME students, lecturers and the SEC for use of resources. ALL resources are to be used at your own
professional discretion. If you have any resources that you wish to contribute, any comment you wish to make or any alterations you wish to suggest please email [email protected]
MICRO
WEEK:
TOPIC 11 (a): MARKET STRUCTURES - PERFECT COMPETITION
Differentiated
Expected Learning Outcomes
The students will be able to do the following:
AfL & skills can be fostered through differentiated content,
activities & methodologies
General
Syllabus
 Explain, with examples, the theory of perfect
competition
 Describe and assess the assumptions underlying
perfect competition
 Illustrate, explain and interpret a firm’s demand
curve
 Describe the equilibrium for a perfectly
competitive firm in the short run
 Define and illustrate supernormal profits
 Discuss why new firms enter the industry
 Critically analyse the effects on equilibrium of new
entrants
 Describe, with the aid of a diagram, the equilibrium
for a perfectly competitive firm in the long run
 Derive the supply curve for a perfectly competitive
Book page
Workbook page
Worksheet no
Literacy
Numeracy
Comprehension, writing,
oral language strategies
Language,
estimation,
problem solving
strategies
KWHL
KWL creator
Studystack
Competition made simple
doc
Powerpoints
Drawing diagrams
Perfect competition
Student presentation
Q & A using Bloom’s
prompts
Think-pair-share
Drawing diagrams
Labeling diagrams
Interpreting
diagrams
Show-me board to
practice drawing
diagrams & AfL
Revision
&
AoL
Revision
resources
Class tests
Collated
SEC exams
& schemes
Exam
question
template
doc
Thanks to PDST advisors, local facilitators and associates, teachers, students, PME students, lecturers and the SEC for use of resources. ALL resources are to be used at your own
professional discretion. If you have any resources that you wish to contribute, any comment you wish to make or any alterations you wish to suggest please email [email protected]
firm
 Analyse perfect competition as a market from the
point of view of consumers, producers and the use
of scarce resources and as a model in
understanding market structures
STUDYCLIX
HL
STUDYCLIX
OL
Thanks to PDST advisors, local facilitators and associates, teachers, students, PME students, lecturers and the SEC for use of resources. ALL resources are to be used at your own
professional discretion. If you have any resources that you wish to contribute, any comment you wish to make or any alterations you wish to suggest please email [email protected]
LEAVING CERTIFICATE ECONOMICS
MICRO
TOPIC 11 (b): MARKET STRUCTURES – MONOPOLY
Differentiated
Expected Learning Outcomes
The students will be able to do the following:
AfL & skills can be fostered through differentiated content, activities &
methodologies
General
Syllabus
 Explain, with examples, the theory of monopoly
 Describe and assess the assumptions underlying monopoly
 Illustrate and explain the firm’s demand curve under
monopoly
 Describe, with the aid of a diagram, the equilibrium for a
monopolist
 Define and illustrate supernormal profits
 Explain and illustrate profit-maximising output/price
 Critically analyse monopoly as a market form from the point
of view of consumers, producers and the use of scarce
resources
 Suggest ways as to how state monopolies could be made
more effective
 Compare and contrast the long run equilibrium position of
perfect competition, monopoly and imperfect competition
 Discuss the conditions necessary for price discrimination.
 Distinguish between different types of price discrimination
WEEK:
Literacy
Numeracy
Comprehension,
writing, oral
language
strategies
Language,
estimation,
problem solving
strategies
Book page
Workbook page
Worksheet no
Powerpoints
Monoploy
Price discrimination
KWHL
KWL creator
Youtube 7:01 - Barriers
Q & A using
Bloom’s
prompts
Monopoly video
Price discrimination clip
Price discrimination graphic
organiser
pdsteconomics
studystack
Drawing diagrams
Labeling diagrams
Interpreting
diagrams
Show-me board to
practice drawing
diagrams & AfL
Revision
&
AoL
Revision resources
Class tests
Collated SEC exams &
schemes
Exam question
template & solutions
doc
Think-pair-share
STUDYCLIX HL
STUDYCLIX OL
Price discrimination summary
Thanks to PDST advisors, local facilitators and associates, teachers, students, PME students, lecturers and the SEC for use of resources. ALL resources are to be used at your own
professional discretion. If you have any resources that you wish to contribute, any comment you wish to make or any alterations you wish to suggest please email [email protected]
LEAVING CERTIFICATE ECONOMICS
MICRO
TOPIC 11 (c): MARKET STRUCTURES – OLIGOPOLY
Differentiated
Expected Learning Outcomes
The students will be able to do the following:
AfL & skills can be fostered through differentiated content, activities &
methodologies
General
Syllabus










Explain, with examples, the theory of oligopoly
Describe the assumptions underlying oligopoly
Illustrate and explain the kinked demand curve
Describe the relationship between the demand
and marginal revenue curves
Describe the long run equilibrium of an
oligopolistic firm
Explain rigidity of prices
Explain the types of collusion that may occur in
this market
Explain why firms may pursue goals other than
profit maximisation
Explain price and non-price competition
Describe price leadership
WEEK:
Book page
Workbook page
Worksheet no
Literacy
Numeracy
Comprehension, writing,
oral language strategies
Language,
estimation, problem
solving strategies
KWHL
KWL creator
pdsteconomics studystack
Drawing diagrams
Labeling diagrams
Interpreting
diagrams
Powerpoints
Oligopoy
Revision resources
Class tests
Collated SEC exams &
schemes
Q & A using Bloom’s
prompts
Oligopoly video
Microsoft V Apple video
Revision
&
AoL
Think-pair-share
Show-me board to
practice drawing
diagrams & AfL
Exam question
template & solutions
doc
Imperfect v oligopoly video
STUDYCLIX HL
STUDYCLIX OL
Thanks to PDST advisors, local facilitators and associates, teachers, students, PME students, lecturers and the SEC for use of resources. ALL resources are to be used at your own
professional discretion. If you have any resources that you wish to contribute, any comment you wish to make or any alterations you wish to suggest please email [email protected]
LEAVING CERTIFICATE ECONOMICS
MICRO
TOPIC 11 (d): MARKET STRUCTURES - IMPERFECT COMPETITION
Differentiated
Expected Learning Outcomes
The students will be able to do the following:
AfL & skills can be fostered through differentiated content, activities &
methodologies
General
Syllabus
 Explain, with examples, the theory of imperfect
competition
 Describe the assumptions underlying imperfect
competition
 Illustrate and explain the firm’s demand curves
 Describe the equilibrium for an imperfectly
competitive firm in the short run
 Define and illustrate supernormal profits
 Discuss why new firms may enter the industry
 Analyse the effects on equilibrium of new entrants
 Describe, with the aid of a diagram, the equilibrium
for an imperfectly competitive firm in the long run
 Illustrate and explain profit-maximising
output/price
 Analyse perfect competition as a market form from
the point of view of consumers, producers and the
use of scarce resources
WEEK:
Book page
Workbook page
Worksheet no
Literacy
Numeracy
Comprehension, writing,
oral language strategies
Language,
estimation, problem
solving strategies
KWHL
KWL creator
pdsteconomics studystack
Powerpoints
Imperfect competition
Monopolistic competition
video
Q & A using Bloom’s
prompts
Think-pair-share
Scoilnet Quiz
Drawing diagrams
Labeling diagrams
Interpreting
diagrams
Show-me board to
practice drawing
diagrams & AfL
Revision
&
AoL
Revision resources
Class tests
Collated SEC
exams & schemes
STUDYCLIX HL
STUDYCLIX OL
Perfect V imperfect video
Imperfect v oligopoly video
Market structures grid
for revision
LEAVING CERTIFICATE ECONOMICS
Thanks to PDST advisors, local facilitators and associates, teachers, students, PME students, lecturers and the SEC for use of resources. ALL resources are to be used at your own
professional discretion. If you have any resources that you wish to contribute, any comment you wish to make or any alterations you wish to suggest please email [email protected]
MACRO
TOPIC 12: NATIONAL INOME
Differentiated
Expected Learning Outcomes
The students will be able to do the following:
AfL & skills can be fostered through differentiated content, activities &
methodologies
General
Syllabus
 Explain national income
 Define gross domestic product, gross national
product and net national product
 Describe the relationship between gross
domestic product and gross national product
 Explain net factor income and identify its main
constituents in the case of the Irish economy
 Demonstrate an understanding of the
usefulness and limitations of national income
statistics
 Identify and explain the main determinants of
aggregate demand
 Describe the main factors influencing each of
these determinants
 Examine the difficulties of raising aggregate
demand in a small, open economy
 Define, calculate and interpret MPC, MPT, MPS
and MPM
WEEK:
Book page
Workbook page
Worksheet no
Literacy
Numeracy
Comprehension, writing,
oral language strategies
Language,
estimation, problem
solving strategies
KWHL
KWL creator
Revision
&
AoL
Revision resources
Class tests
Studystack
PDST Powerpoints etc.
Q & A using Bloom’s
prompts
Think-pair-share
Collated SEC
exams & schemes
STUDYCLIX HL
STUDYCLIX OL
Thanks to PDST advisors, local facilitators and associates, teachers, students, PME students, lecturers and the SEC for use of resources. ALL resources are to be used at your own
professional discretion. If you have any resources that you wish to contribute, any comment you wish to make or any alterations you wish to suggest please email [email protected]
 Define the multiplier and explain the factors
that influence it
 Apply the multiplier formulae in an open and
closed economy
 Describe and illustrate the circular flow of
income
 Describe, with examples, injections and
leakages to and from the circular flow of
income
 Evaluate changes in injections and leakages on
the economy
 Assess the impact of transfer payments on the
circular flow of income
 Critically analyse the impact of shocks to the
circular flow of income
 Calculate the change in national income given
any injection and interpret the effects of such
on the economy
 Understand the impact of changes in
injections/leakages on the multiplier and on
the economy
Thanks to PDST advisors, local facilitators and associates, teachers, students, PME students, lecturers and the SEC for use of resources. ALL resources are to be used at your own
professional discretion. If you have any resources that you wish to contribute, any comment you wish to make or any alterations you wish to suggest please email [email protected]
LEAVING CERTIFICATE ECONOMICS
MACRO
TOPIC 13 (a): GOVERNMENT - ECONOMIC AIMS AND POLICIES
Differentiated
Expected Learning Outcomes
WEEK:
AfL & skills can be fostered through differentiated content, activities &
methodologies
General
The students will be able to do the following:
Literacy
Comprehension, writing, oral
language strategies
Syllabus
Revision
&
AoL
Numeracy
Language, estimation, problem
solving strategies





Evaluate the government’s economic aims
and objectives
Comment on the significance of those aims
and objectives
Discuss the methods/instruments used in
achieving these aims and objectives
Evaluate the possible conflict in achieving
them simultaneously in a national and
international context
Discuss the economic benefits and
consequences of nationalisation and
privatisation
Book page
Workbook page
Worksheet no
KWHL
KWL creator
Studystack
PDST Powerpoints etc.
Studystack
Revision resources
Exam outcome verbs
Class tests
Collated SEC
exams & schemes
Q & A using Bloom’s prompts
Think-pair-share
Placement
STUDYCLIX HL
STUDYCLIX OL
LEAVING CERTIFICATE ECONOMICS
Thanks to PDST advisors, local facilitators and associates, teachers, students, PME students, lecturers and the SEC for use of resources. ALL resources are to be used at your own
professional discretion. If you have any resources that you wish to contribute, any comment you wish to make or any alterations you wish to suggest please email [email protected]
MACRO
TOPIC 13 (b): EMPLOYMENT
Differentiated
Expected Learning Outcomes
WEEK:
AfL & skills can be fostered through differentiated content, activities &
methodologies
General
The students will be able to do the following:
Literacy
Comprehension, writing, oral
language strategies
Syllabus
Revision
&
AoL
Numeracy
Language, estimation, problem
solving strategies









Define full employment
Critically analyse the implications of full
employment for the economy
Define unemployment and differentiate
between the various types of
unemployment
Describe the methods of measuring
unemployment and explain their limitations
Examine the main causes of and suggest
strategies for reducing unemployment in the
Irish economy
Discuss the impact of unemployment on the
Irish economy
Define under-employment
Analyse/outline the impact of foreignowned industry on the Irish economy
Analyse the economic effects of job sharing
Book page
Workbook page
Worksheet no
KWHL
KWL creator
Studystack
Exam outcome verbs
Class tests
Q & A using Bloom’s prompts
Collated SEC
exams & schemes
Think-pair-share
Placement
STUDYCLIX HL
PDST Powerpoints etc.
Revision resources
STUDYCLIX OL
Thanks to PDST advisors, local facilitators and associates, teachers, students, PME students, lecturers and the SEC for use of resources. ALL resources are to be used at your own
professional discretion. If you have any resources that you wish to contribute, any comment you wish to make or any alterations you wish to suggest please email [email protected]


Critically analyse the impact of the statutory
minimum wage
Examine the effect of the black/shadow
economy
Thanks to PDST advisors, local facilitators and associates, teachers, students, PME students, lecturers and the SEC for use of resources. ALL resources are to be used at your own
professional discretion. If you have any resources that you wish to contribute, any comment you wish to make or any alterations you wish to suggest please email [email protected]
LEAVING CERTIFICATE ECONOMICS
MACRO
TOPIC 13 (c) : GOVERNMENT – TAX & NATIONAL BUDGET
Differentiated
Expected Learning Outcomes
The students will be able to do the following:
WEEK:
AfL & skills can be fostered through differentiated content,
activities & methodologies
General
Literacy
Comprehension, writing,
oral language strategies
Syllabus
Revision
&
AoL
Numeracy
Language, estimation,
problem solving strategies








Define fiscal policy
Define and interpret deficit, surplus and balanced current
budget
Identify the main sources of government current
revenue/expenditure
Identify the size of government current spending/revenue
Describe and assess trends in and uses of government spending
Critically analyse how government spending influences our daily
lives
Identify current government fiscal policy as announced in the
most recent budget
Examine and evaluate current government fiscal policy
Book page
Workbook page
Worksheet no
PDST Powerpoints etc.
KWHL
KWL creator
Studystack
Revision resources
Studystack
Collated SEC
exams & schemes
Q & A using Bloom’s prompts
Think-pair-share
Class tests
STUDYCLIX HL
STUDYCLIX OL
Thanks to PDST advisors, local facilitators and associates, teachers, students, PME students, lecturers and the SEC for use of resources. ALL resources are to be used at your own
professional discretion. If you have any resources that you wish to contribute, any comment you wish to make or any alterations you wish to suggest please email [email protected]
LEAVING CERTIFICATE ECONOMICS
MACRO
TOPIC 13 (d) : NATIONAL DEBT
Differentiated
Expected Learning Outcomes
WEEK:
AfL & skills can be fostered through differentiated content, activities &
methodologies
General
The students will be able to do the following:
Literacy
Comprehension, writing, oral
language strategies
Syllabus
Revision
&
AoL
Numeracy
Language, estimation, problem
solving strategies






Identify and define exchequer borrowing
requirement, public sector borrowing
requirement, general government deficit
and national debt
Examine and evaluate the reasons for state
borrowing
Differentiate between external and internal
national debt
List the functions of the NTMA
Identify, interpret and assess the changing
debt/GDP ratio
Understand and critically analyse the impact
of default
Book page
Workbook page
Worksheet no
PDST Powerpoints etc.
KWHL
KWL creator
Studystack
Studystack
Revision resources
Exam outcome verbs
Class tests
Collated SEC
exams & schemes
Q & A using Bloom’s prompts
Think-pair-share
Placement
STUDYCLIX HL
STUDYCLIX OL
Thanks to PDST advisors, local facilitators and associates, teachers, students, PME students, lecturers and the SEC for use of resources. ALL resources are to be used at your own
professional discretion. If you have any resources that you wish to contribute, any comment you wish to make or any alterations you wish to suggest please email [email protected]
LEAVING CERTIFICATE ECONOMICS
MACRO
TOPIC 14: MONEY & BANKING
Differentiated
Expected Learning Outcomes
The students will be able to do the following:
AfL & skills can be fostered through differentiated content, activities &
methodologies
General
Syllabus
 Define money and legal tender
 Analyse the functions that money performs
and the properties required to fulfil this role
successfully
 Explain the main forms of money in use in a
modern economy
 Define monetary policy
 Describe examples of cashless transactions
 Outline the role of national financial
institutions
 Outline the current role and functions of the
Central Bank
 Outline the current role and functions of the
European Central Bank (ECB)
 Evaluate the ECB’s policies/actions on the
Irish economy
 Critically analyse the suitability of these
WEEK:
Book page
Workbook page
Worksheet no
Literacy
Numeracy
Comprehension, writing,
oral language strategies
Language,
estimation, problem
solving strategies
Cartoon
Revision resources
Class tests
PDST Powerpoints etc.
Art attack money clip
KWHL
KWL creator
Studystack
Biz/ed Economics
Studystack
TES-Business Economics
tutor2u/economics/monet
ary-polic
Q & A using Bloom’s
prompts
Think-pair-share
Sample Lesson Plans and
handouts
Wall Street Crash simulator
Notes in banking
(sparknotes)
Central bank tables on
money and banking
Revision
&
AoL
An introduction to
interest, (will help
generate a worksheet
or offer a focus
point); Interest for
Saving
Active learning
about interest:
Simple Interest
Collated SEC
exams & schemes
STUDYCLIX HL
STUDYCLIX OL
Easy way to
demonstrate issues
concerning currency
exchange: Currency
Converter (would be
Thanks to PDST advisors, local facilitators and associates, teachers, students, PME students, lecturers and the SEC for use of resources. ALL resources are to be used at your own
professional discretion. If you have any resources that you wish to contribute, any comment you wish to make or any alterations you wish to suggest please email [email protected]







policies/actions on the Irish economy
Differentiate between the nominal interest
rate and the real interest rate
Outline the factors that influence the rate of
interest and their economic effects
Demonstrate how financial institutions can
create credit
Analyse the changes in the demand and
supply of money
Critically analyse the implications of an
excess supply of credit on the economy
Examine how a financial institution
reconciles liquidity with profitability
Evaluate the need for regulation of the
financial sector
useful to allow
Notes on money
(sparknotes)
Prime Time Investigation
on Meet the Bankers Part 1
Meet the Bankers Part 2
Meet the Bankers Part 3
Meet the Bankers Part 4
Meet the Bankers Part 5
Meet the Bankers Part 6
Thanks to PDST advisors, local facilitators and associates, teachers, students, PME students, lecturers and the SEC for use of resources. ALL resources are to be used at your own
professional discretion. If you have any resources that you wish to contribute, any comment you wish to make or any alterations you wish to suggest please email [email protected]
LEAVING CERTIFICATE ECONOMICS
MACRO
TOPIC 15 : INFLATION & CPI
Differentiated
Expected Learning Outcomes
WEEK:
AfL & skills can be fostered through differentiated content, activities &
methodologies
General
The students will be able to do the following:
Literacy
Comprehension, writing, oral
language strategies
Syllabus
Revision
&
AoL
Numeracy
Language, estimation, problem
solving strategies
 Define price inflation
 Calculate, from a given date, a weighted price
index
 Describe the construction of the consumer
price index
 Interpret and critically analyse changes in the
consumer price index
 Evaluate the usefulness and limitations of the
consumer price index
 Identify and explain the principal causes of
inflation in the Irish economy
 Describe the main policies available to control
inflation
 Describe the benefits of stable prices
 Describe what the HICP is and understand the
Book page
Workbook page
Worksheet no
PDST Powerpoints etc.
KWHL
KWL creator
Studystack
Studystack
Revision resources
Exam outcome verbs
Class tests
Collated SEC
exams & schemes
Q & A using Bloom’s prompts
Think-pair-share
Placement
STUDYCLIX HL
STUDYCLIX OL
Thanks to PDST advisors, local facilitators and associates, teachers, students, PME students, lecturers and the SEC for use of resources. ALL resources are to be used at your own
professional discretion. If you have any resources that you wish to contribute, any comment you wish to make or any alterations you wish to suggest please email [email protected]
difference between it and the CPI
 Define deflation
 Explain the Constant Tax Price Index
Thanks to PDST advisors, local facilitators and associates, teachers, students, PME students, lecturers and the SEC for use of resources. ALL resources are to be used at your own
professional discretion. If you have any resources that you wish to contribute, any comment you wish to make or any alterations you wish to suggest please email [email protected]
LEAVING CERTIFICATE ECONOMICS
MACRO
TOPIC 16 (a): INTERNATIONAL TRADE
Differentiated
Expected Learning Outcomes
WEEK:
AfL & skills can be fostered through differentiated content, activities &
methodologies
General
The students will be able to do the following:
Literacy
Comprehension, writing, oral
language strategies
Syllabus
Revision
&
AoL
Numeracy
Language, estimation, problem
solving strategies








Understand imports, exports, invisible and
visible exports and imports
Explain the balance of trade
Identify Ireland’s main exports, imports and
main trading partners
Understand the importance of trade to the
Irish economy
Examine the implications of Ireland being a
small open economy
Analyse the effect of multinational
corporations on Ireland’s trade
Understand and explain the advantages of
specialisation and international trade
Examine the ways in which a country can
enhance its competitveness
Book page
Workbook page
Worksheet no
PDST Powerpoints etc.
KWHL
KWL creator
Studystack
Studystack
Revision resources
Exam outcome verbs
Class tests
Collated SEC
exams & schemes
Q & A using Bloom’s prompts
Think-pair-share
Placement
STUDYCLIX HL
STUDYCLIX OL
Thanks to PDST advisors, local facilitators and associates, teachers, students, PME students, lecturers and the SEC for use of resources. ALL resources are to be used at your own
professional discretion. If you have any resources that you wish to contribute, any comment you wish to make or any alterations you wish to suggest please email [email protected]








Explain and illustrate the law of comparative
advantage
Describe the sources of comparative
advantage for Ireland
Critically analyse the limitations of the law of
comparative advantage
Explain the terms of trade
Calculate the terms of trade and examine
the benefits resulting from specialisation
Examine the impact on a country of changes
in that country’s terms of trade
Describe the main barriers to trade
Understand the role of trading blocs in
international trade
Thanks to PDST advisors, local facilitators and associates, teachers, students, PME students, lecturers and the SEC for use of resources. ALL resources are to be used at your own
professional discretion. If you have any resources that you wish to contribute, any comment you wish to make or any alterations you wish to suggest please email [email protected]
LEAVING CERTIFICATE ECONOMICS
MACRO
WEEK:
TOPIC 16 (b): THE GLOBAL ECONOMIC SYSTEM & The EU
Differentiated
Expected Learning Outcomes
AfL & skills can be fostered through differentiated content, activities &
methodologies
General
The students will be able to do the following:
Literacy
Comprehension, writing, oral
language strategies
Syllabus
Revision
&
AoL
Numeracy
Language, estimation, problem
solving strategies





Evaluate the importance of membership for
Ireland to the European Union
Discuss the role and function of European
Institutions
Discuss the policies of the EU that are
relevant to Ireland as an EU member state
Outline the role and functions of the World
Bank
Outline the role and functions of the
International Monetary Fund
Book page
Workbook page
Worksheet no
KWHL
KWL creator
Studystack
Exam outcome verbs
Class tests
Q & A using Bloom’s prompts
Collated SEC
exams & schemes
Think-pair-share
Placement
STUDYCLIX HL
PDST Powerpoints etc.
Revision resources
STUDYCLIX OL
Thanks to PDST advisors, local facilitators and associates, teachers, students, PME students, lecturers and the SEC for use of resources. ALL resources are to be used at your own
professional discretion. If you have any resources that you wish to contribute, any comment you wish to make or any alterations you wish to suggest please email [email protected]
LEAVING CERTIFICATE ECONOMICS
MACRO
TOPIC 16 (c): BALANCE OF PAYMENTS AND FOREIGN EXCHANGE
Differentiated
Expected Learning Outcomes
The students will be able to do the following:
WEEK:
AfL & skills can be fostered through differentiated content, activities &
methodologies
General
Literacy
Comprehension, writing, oral language
strategies
Syllabus
Revision
&
AoL
Numeracy
Language, estimation, problem solving
strategies






Define and identify the size of the balance of
payments surplus (deficit)
Understand the basic composition of
Ireland’s balance of payments account,
including visible and invisible trade, the
current account balance and capital flows
Understand multinationals’ impact on the
balance of payments account
List and explain strategies that a
government could undertake to reduce a
balance of payments deficit or build a
balance of payments surplus
State and explain the consequences for a
balance of payments deficit and surplus
Define exchange rate
Book page
Workbook page
Worksheet no
PDST Powerpoints etc.
KWHL
KWL creator
Studystack
Studystack
Revision resources
Exam outcome verbs
Class tests
Collated SEC
exams & schemes
Q & A using Bloom’s prompts
Think-pair-share
Placement
STUDYCLIX HL
STUDYCLIX OL
Thanks to PDST advisors, local facilitators and associates, teachers, students, PME students, lecturers and the SEC for use of resources. ALL resources are to be used at your own
professional discretion. If you have any resources that you wish to contribute, any comment you wish to make or any alterations you wish to suggest please email [email protected]




Examine the history of exchange rates and
the EMU
Understand how exchange rates are
determined
Analyse the impact on the economy of
changes in the euro exchange rate
Discuss the implications of fixed and variable
exchange rates
Thanks to PDST advisors, local facilitators and associates, teachers, students, PME students, lecturers and the SEC for use of resources. ALL resources are to be used at your own
professional discretion. If you have any resources that you wish to contribute, any comment you wish to make or any alterations you wish to suggest please email [email protected]
LEAVING CERTIFICATE ECONOMICS
MACRO
TOPIC 17 : ECONOMIC GROWTH & DEVELOPMENT
Differentiated
Expected Learning Outcomes
WEEK:
AfL & skills can be fostered through differentiated content, activities &
methodologies
General
The students will be able to do the following:
Literacy
Comprehension, writing, oral
language strategies
Syllabus
Revision
&
AoL
Numeracy
Language, estimation, problem
solving strategies






Describe the characteristics of least
development countries (LDCs)
Examine the costs and benefits of economic
development
Identify and evaluate current policies
available for aiding development in
developing countries
Define economic growth and economic
development
Explain the meaning and significance of
economic growth and economic
development
Discuss the role of the UN Human
Development Index (HDI)
Book page
Workbook page
Worksheet no
KWHL
KWL creator
Studystack
PDST Powerpoints etc.
Studystack
How the world works
Q & A using Bloom’s prompts
Think-pair-share
Placement
Revision resources
Exam outcome verbs
Class tests
Collated SEC
exams & schemes
STUDYCLIX HL
STUDYCLIX OL
Thanks to PDST advisors, local facilitators and associates, teachers, students, PME students, lecturers and the SEC for use of resources. ALL resources are to be used at your own
professional discretion. If you have any resources that you wish to contribute, any comment you wish to make or any alterations you wish to suggest please email [email protected]
LEAVING CERTIFICATE ECONOMICS
MACRO
TOPIC 18 : ECONOMICS OF POPULATION
Differentiated
Expected Learning Outcomes
The students will be able to do the following:
WEEK:
AfL & skills can be fostered through differentiated content, activities &
methodologies
General
Literacy
Comprehension, writing, oral language
strategies
Syllabus
Revision
&
AoL
Numeracy
Language, estimation, problem solving
strategies








Illustrate the size, composition and trends of
national population
Illustrate the size, composition and trends of
global population
Define demography, overpopulation,
underpopulation and optimum population
Define birth rate, fertility rate, death rate,
infant mortality rate and life expectancy rate
Define density of population
Evaluate the economic effects of an aging
population on the Irish economy
Illustrate the push and pull forces of
migration
Analyse the consequences of an increase in
emigration
Book page
Workbook page
Worksheet no
PDST Powerpoints etc.
KWHL
KWL creator
Studystack
Studystack
Revision resources
Exam outcome verbs
Class tests
Collated SEC
exams & schemes
Q & A using Bloom’s prompts
Think-pair-share
Placement
STUDYCLIX HL
STUDYCLIX OL
Thanks to PDST advisors, local facilitators and associates, teachers, students, PME students, lecturers and the SEC for use of resources. ALL resources are to be used at your own
professional discretion. If you have any resources that you wish to contribute, any comment you wish to make or any alterations you wish to suggest please email [email protected]




Consider the implications of the changing
structure and size of the Irish population
Outline the economic uses of a census of
population in Ireland
Evaluate the importance of a census of
population
Critically examine the influence of
population on economic development and
growth, both nationally and globally
Thanks to PDST advisors, local facilitators and associates, teachers, students, PME students, lecturers and the SEC for use of resources. ALL resources are to be used at your own
professional discretion. If you have any resources that you wish to contribute, any comment you wish to make or any alterations you wish to suggest please email [email protected]
LEAVING CERTIFICATE ECONOMICS
TOPIC 19 : REVIEW OF THE HISTORY OF ECONOMIC THOUGHT
Differentiated
Expected Learning Outcomes
WEEK:
AfL & skills can be fostered through differentiated content, activities &
methodologies
General
The students will be able to do the following:
Literacy
Comprehension, writing, oral
language strategies
Syllabus
Revision
&
AoL
Numeracy
Language, estimation, problem
solving strategies
Create a mindmap of the economists, schools
of thought and main ideas associated with
each economist.
Book page
Workbook page
Worksheet no
PDST Powerpoints etc.
KWHL
KWL creator
Studystack
Studystack
Revision resources
Exam outcome verbs
Class tests
Collated SEC
exams & schemes
Q & A using Bloom’s prompts
Think-pair-share
Placement
STUDYCLIX HL
STUDYCLIX OL
Thanks to PDST advisors, local facilitators and associates, teachers, students, PME students, lecturers and the SEC for use of resources. ALL resources are to be used at your own
professional discretion. If you have any resources that you wish to contribute, any comment you wish to make or any alterations you wish to suggest please email [email protected]
Thanks to PDST advisors, local facilitators and associates, teachers, students, PME students, lecturers and the SEC for use of resources. ALL resources are to be used at your own
professional discretion. If you have any resources that you wish to contribute, any comment you wish to make or any alterations you wish to suggest please email [email protected]