Page 15 - Guidance Subject Guide

Economics

Syllabus

Recommendations

The course is divided into 2 parts:
Microeconomics Students should:-

Microeconomics looks at the individual and the Have an interest in human
decisions that are made on a small scale. behaviour

This part of the course focuses on topics such as:- Have the ability to pay attention
How do sellers price their goods? to detail
How much does it cost to be in business? Enjoy questioning decisions made
Market Structures
How do products get to the shelf and why does by individuals and governments on
anybody put them there? why they spend their money.
Be committed to working very
Macroeconomics hard and have a never give up
Macroeconomics looks at the division of resources attitude as material can take
on a much greater scale.
some time to fully grasp.
This part of the course focuses on topics such as:-
Money makes the world go round
Impact the economy has on you
Ability to afford your weekly shopping basket.
Where does the government get and spend its
money? Requirements
Economic world around us.

Examination None, but it is very useful to have
the basics in Economics when

Written paper in June studying any Business course in
Third Level education.
Both HL and OL
2½ hours - choose 4 questions from 8

Possible Career Options

Economist International Relations
Journalist Humanitarian
Financial Analysis Politics
Banking Any Business related careers