Leaving Cert Economics 2022

The 2022 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 2022 Higher Level paper?
  • Q1 price elasticity of demand, law of demand · 15 marks
  • Q2 balance of payments, national accounts, personal consumption · 15 marks
  • Q3 minimum unit pricing, market failure · 15 marks
  • Q4 circular flow of income, foreign direct investment · 15 marks
  • Q5 demographics, ageing population, government policy · 15 marks
  • Q6 perfect competition, short-run losses, long-run efficiency · 15 marks
  • Q7 european central bank, interest rates · 15 marks
  • Q8 hidden economy, supply chain · 15 marks
  • Q9 private costs and benefits, social benefits, externalities · 15 marks
  • Q10 opportunity cost, production possibility frontier · 15 marks
  • Q11 housing market, factors of production, opportunity cost · 75 marks
  • Q12 market structures, monopoly, oligopoly, deregulation · 75 marks
  • Q13 government income and expenditure, taxation, corporation tax · 75 marks
  • Q14 costs of production, inflation, gender pay gap · 75 marks
  • Q15 international trade, exchange rates, european union · 75 marks
  • Q16 sustainability, housing market, minimum pricing · 75 marks

Ordinary Level

Exam PaperMarking Scheme
What's in the 2022 Ordinary Level paper?
  • Q1 economic growth, macroeconomics · 15 marks
  • Q2 census, population, data · 15 marks
  • Q3 online shopping, retailers · 15 marks
  • Q4 substitute goods, complementary goods · 15 marks
  • Q5 minimum wage, labour market · 15 marks
  • Q6 unemployment, data · 15 marks
  • Q7 fixed costs, variable costs, profit · 15 marks
  • Q8 externalities, opportunity cost · 15 marks
  • Q9 price elasticity of demand · 15 marks
  • Q10 national debt, government finance · 15 marks
  • Q11 monopoly, market structures, barriers to entry · 75 marks
  • Q12 demand and supply, market equilibrium, sustainability · 75 marks
  • Q13 government expenditure, national income, multiplier · 75 marks
  • Q14 factors of production, scarcity, less developed nations · 75 marks
  • Q15 corporation tax, multinational corporations, exports · 75 marks
  • Q16 indirect tax, inflation, hidden economy · 75 marks
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