Economics exam keeps it topical

The exams set for Leaving Cert economics students included many references to current affairs and topical issues, like Irish Water, mortgage lending restrictions and rent controls.

Teachers’ Union of Ireland subject spokesman Shane Ó Ciardubháin said the higher level paper was very fair and the good choice allowed students to prove and apply their knowledge of economic concepts and ideas.

Micro-economics questions on demand and supply, monopolies and factors of production were well balanced, and questions on the need to regulate Irish Water and on rent controls required more than just rote learning.