Leaving Cert Economics 2016

The 2016 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 2016 Higher Level paper?
  • Q1 perfect competition, supernormal profit, cost and revenue curves · 16 marks
  • Q1 supply, elasticity, market shortage · 75 marks
  • Q2 law of diminishing marginal returns, production · 16 marks
  • Q2 oligopoly, kinked demand curve, barriers to entry, small versus large firms · 75 marks
  • Q3 mobility of labour, unemployment, labour market · 16 marks
  • Q3 labour as a factor of production, supply of labour, wage differentials · 75 marks
  • Q4 economies of scale, long-run average cost · 16 marks
  • Q4 production periods, marginal revenue, marginal cost, competitiveness · 75 marks
  • Q5 youth unemployment, government policy, labour market · 16 marks
  • Q5 full employment, national income multiplier, marginal propensity to save, gross domestic product · 75 marks
  • Q6 income elasticity of demand, normal and luxury goods · 17 marks
  • Q6 exchange rates, balance of payments, international trade · 75 marks
  • Q7 monetary policy, price stability, ecb · 17 marks
  • Q7 income and wealth, progressive and regressive taxes, inequality, environmental policy · 75 marks
  • Q8 taxation, government intervention, disposable income · 17 marks
  • Q8 economic performance indicators, budget deficit, national debt, urbanisation · 75 marks
  • Q9 minimum wage, labour market, inflation · 17 marks

Ordinary Level

Exam PaperMarking Scheme
What's in the 2016 Ordinary Level paper?
  • Q1 perfect competition, market structures, alcohol · 75 marks
  • Q1 factors of production, land, rent · 16 marks
  • Q2 international trade, trade barriers, subsidies · 16 marks
  • Q2 demand and supply, market equilibrium, commercial banks · 75 marks
  • Q3 enterprise, factors of production, national minimum wage · 75 marks
  • Q3 marginal utility, consumer behaviour · 16 marks
  • Q4 census, economic systems, economic development · 75 marks
  • Q4 costs of production, profit, average cost · 16 marks
  • Q5 economists, history of economic thought · 16 marks
  • Q5 taxation, usc, unemployment · 75 marks
  • Q6 homelessness, housing market, government intervention · 17 marks
  • Q6 imports and exports, tourism, multinational companies · 75 marks
  • Q7 branding, government intervention, consumer behaviour · 17 marks
  • Q7 national income, circular flow, economic growth · 75 marks
  • Q8 national debt, infrastructure, environment · 75 marks
  • Q8 black economy, national income, taxation · 17 marks
  • Q9 income elasticity of demand, elasticity · 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.