Leaving Cert Economics 2015

The 2015 Leaving Cert Economics exam paper and official marking scheme, free below as direct PDF links from the State Examinations Commission archive.

Higher Level

Exam PaperMarking Scheme
What's in the 2015 Higher Level paper?
  • Q1 scarcity, choice, opportunity cost · 16 marks
  • Q1 market equilibrium, demand and supply, price ceiling, rent control · 75 marks
  • Q2 equi-marginal principle, marginal utility, consumer behaviour · 16 marks
  • Q2 monopoly, barriers to entry, price discrimination, regulation · 75 marks
  • Q3 national debt, government borrowing, bond yields · 16 marks
  • Q3 costs of production, fixed and variable costs, economies of scale, short run · 75 marks
  • Q4 oligopoly, concentration ratio, market structure · 16 marks
  • Q4 enterprise, profits, investment, liquidity preference · 75 marks
  • Q5 regressive tax, indirect taxation, fiscal policy · 16 marks
  • Q5 credit creation, financial regulation, property market, sme finance · 75 marks
  • Q6 history of economic thought, classical economics · 17 marks
  • Q6 consumer price index, deflation, unemployment, employment · 75 marks
  • Q7 circular flow of income, national income, economic growth, injections and withdrawals · 75 marks
  • Q7 income elasticity of demand, cross price elasticity of demand, price elasticity of demand · 17 marks
  • Q8 budget deficit, fiscal policy, regional development, emigration · 75 marks
  • Q8 exchange rates, international trade, competitiveness · 17 marks
  • Q9 ageing population, dependency ratio, government policy · 17 marks

Ordinary Level

Exam PaperMarking Scheme
What's in the 2015 Ordinary Level paper?
  • Q1 imperfect competition, barriers to entry, advertising · 75 marks
  • Q1 factors of production · 16 marks
  • Q2 perfect competition, market structures · 16 marks
  • Q2 demand and supply, market equilibrium, shifts in demand and supply, water charges · 75 marks
  • Q3 corporation tax, foreign direct investment, taxation · 16 marks
  • Q3 costs of production, entrepreneurship, labour, minimum wage · 75 marks
  • Q4 money, savings, dirt, economic thought · 75 marks
  • Q4 international trade, visible and invisible trade, imports and exports · 16 marks
  • Q5 balance of trade, international trade, exchange rates · 75 marks
  • Q5 less developed countries, economic development, international aid · 16 marks
  • Q6 government budget, taxation, usc, indirect tax · 75 marks
  • Q6 economic abbreviations, economic institutions · 17 marks
  • Q7 government expenditure, social housing, economic growth, european union · 75 marks
  • Q7 price elasticity of demand, demand · 17 marks
  • Q8 circular flow of income, national income, multiplier · 75 marks
  • Q8 emigration, brain drain, labour · 17 marks
  • Q9 online shopping, consumers, economic activity · 17 marks

Revise Economics by topic

Foundations: Economic Concepts, Systems & ThoughtDemand, Supply, Elasticity & Market EquilibriumCosts of Production & the FirmMarket Structures & CompetitionMarket Failure & Government InterventionFactors of Production & Income DistributionLabour Market, Employment & UnemploymentNational Income & Economic ActivityMoney, Banking, Inflation & Monetary PolicyGovernment & Public Finance (Fiscal Policy & Taxation)International Trade, Balance of Payments & the EUEconomic Growth, Development & Population
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Questions come from the official State Examinations Commission papers. Every link opens the original PDF on examinations.ie.