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6442152
Leaving Cert Economics
Description
Overview of LC economics curriculum
No tags specified
economics
curriculum
overview
economics
leaving certificate
Mind Map by
Mark O'M
, updated more than 1 year ago
More
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Created by
Mark O'M
about 8 years ago
103
3
0
Resource summary
Leaving Cert Economics
The Government in the Economy
deficits and surpluses
Income: central and local government
Size, composition and influence of government expenditure
Government finance
budget
Money and Banking
functions of money
history
types of money
Banks and credit
central banks
supply and demand
Factor Incomes
demand
rent
trade unions
interest
profit
Inflation
Measurement of prices
Causes, remedies and effects
open and closed economies
deflation
Production and Consumption
factors of production
Land
Capital
Labour
Production and Consumption Units
Firms and Industries
Households
Scale of production
Economic System and Economic Thought
History
Marx, Keynes...
Markets
Centrally planned economy
Mixed economy
Demand and Supply
Market
factor
intermediate
final
Consumer Demand
Marginal utility
demand curves
elasticities
Supply
short run/ long run
assumptions
shifts
elasticity
cost curves
fixed
variable
average
marginal
Price and Output
imperfect competition
monopoly conditions
Perfect competition
Determination of National Income
Factors influencing the size and composition
measurement
statistics
limitations
concept
International Trade and Payments
history
theory
free trade
exchange rates
deficits and surpluses
balance of trade
balance of payments
Economics of Population
Global and national population, size, composition and trends
Over, under and optimum population
The labour force and employment.
Economic Growth and Development
Meaning and significance
Relative income levels of different countries.
Reasons for disparities
Economic planning
growth and the environment;
the Irish experience
Economic Policies, Problems and Conflicts
Government social and economic aims
Methods of achieving these aims
Possible conflicts in achieving them
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