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Scoil Mhuire Cork
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Scoil Ṁuire, 1 Sidney Place, Wellington Roa Cork City T23 PF76 Tel: 021 4501844 E-mail:


Economics is the study of the processes and decisions that influence the production and consumption of goods and services by individuals, firms, governments and other institutions in an economy. It explains how income is generated, how income is used, how resources are employed and how goods and services are exchanged and distributed. Economics is concerned with consumers, workers, industry, commerce and government at the level of the individual and the market (microeconomics) and the national economy (macroeconomics).

Topics Covered

What is economics about?

How are economic decisions made?

What can markets do?

What is the relationship between policy and economic performance?

How is the economy influenced by international economics?


Skills Developed

Analysis and evaluation, problem-solving, numeracy, cultural awareness and communication.


Possible career pathways

Many courses include elements of Economics in a wide range of third level areas of study including: BIS, Commerce, Finance, Marketing, Politics, Sociology, Mathematical Sciences and Nutritional Sciences.