Current marking structure
Economics is currently assessed at Ordinary and Higher level through two components: a written examination worth 80% and a research study worth 20%.
Economics
Introduction
Leaving Certificate Economics is about how people, firms, governments and institutions make decisions about resources, production, consumption and policy. It helps students understand how economic choices shape daily life, business, society and the wider world.
The subject combines theory with applied analysis. Students interpret data, examine policy, evaluate arguments and learn how economic ideas can be used to explain issues at local, national and global level.
Current marking structure and 2027 onwards
2027 onwards
No separate new 2027 assessment change is currently confirmed on official sources. As of May 24, 2026, the published Economics specification and its 80% examination and 20% research study structure remain the official course.
Contents of the course
The official specification is organised into five strands:
Strand 1: What is economics about?
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- Economics as a way of thinking
- The basic economic problem: scarcity and choice
- Economic, social and environmental sustainability
Strand 2: How are economic decisions made?
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- Consumers, producers and government as economic decision-makers
- Costs, benefits, incentives and opportunity cost
- Data, models and assumptions used in economic analysis
Strand 3: What can markets do?
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- Demand, supply and market equilibrium
- Competition, market structures and business behaviour
- Market failure and possible government responses
Strand 4: What is the relationship between policy and economic performance?
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- National income, growth and standards of living
- Employment, inflation, money and the financial system
- Fiscal, monetary and other policy choices
Strand 5: How is the economy influenced by international economics?
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- International trade and competitiveness
- Exchange rates, balance of payments and globalisation
- Ireland's economy in a European and global context
Curriculum links
Economics on Curriculum OnlineHigher and Ordinary Level, assessed through a research study and an examination paper.
Zr Academy offers Economics grinds in Dublin 2 and online for students who want clearer theory, sharper data analysis and better research-study preparation.