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1. What's the difference between Income and Expenditure with Example
2. Know the difference between Salary and a Wage
3. Know the definition of Commission, Bonus, Overtime and Time and a Half
4. Be able to fill in a Income Table
5 Definition for Expenditure, Types of Expenditure and how to Record Expenditure
6. Definition of Opportunity Cost with Examples
7. Impulse Buying Definition with Examples
8. False Economy definition with examples
9. Difference between Capital and Current Expenditure with Example's

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Key terms:
Research, Field Research, Desk Research, Market Research, Primary Research, Secondary Research.

Market Research: Definition.
Research: Definition.
Market segmentation: Definition.
Target market: Definition.
Niche market: Definition.
Know why business carry out research.
Desk research: Definition and Types of Desk research.
Field research: Definition and Types of Field research.
Writing a questionnaire.
Types of market research and there definitions.

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Globalisation -definition
Digital Technology -definition
Organisation -definition
ICT -definition
Network -definition
Server - what is a server and what does it do
Cloud computing -definition
Information System -Give Examples - Google or Vsware
Technology costs - Financial, Environmental and Social Definitions and examples
Financial, Social and Environmental rewards - what are they, give examples
Cost Benefit Analysis - know what it is and how to do one
key terms:
Globalisation technology digital technology communications

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Record Keeping:
- Definition
- What it does for you

Accounts and Cash Accounts:
- Rules for keeping Accounts
- Cash Accounts: Debit + Credit side

Balancing a Simple Cash Account:
- How to Balance a Cash Account ; 5 steps

Bank Statements:
- Definition
- Sample Bank Statement
- What can Appear on a Bank Statement

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1. Definition of a wage slip
2. Be able to create and calculate a wage slip
3. Definition for basic wage
4. Definition for over time + know an example
5. Definition for gross pay
6. Definition and example for commission
7. Definition and example for piece rate
8. Definition and example for time rate
9. Statutory deductions = Be able to state and explain the 3 types
10. Non- Statutory deductions= be able to state and explain the 3 types
11. PAYE: Know what it stand for and the definition
12. PRSI: Know what it stands for and the definition
13. USC: Know what it stands for and definition
14. Definition of employee/ employer
15. Know the payment of wages act 1991
16. Definition for total deductions
- What the employee needs to understand
17. Definition for net wages

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- Know the difference between needs and wants.
- A resource is anything that we can use in order to meet our needs or achieve our goals
- Sustainability is about looking after the world we live in, for now and for future generations (the impacts)
- Types of resources
- Factors that influence us
- The impacts of society
- Being money smart
- The difference between an asset and a debt
- Understand the difference between wealth and income

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1. what is interest
2. how do you calculate simple and compound interest
3. factors to consider when saving
4. when should you start saving for your pension
5. conditions for borrowing
6. why should you borrow
7. different types of borrowing and definition
8. reasons for borrowing
9. how do you qualify for a mortgage
10. 3 sources of finance + definition + example
11. places to save and borrow
12. definition of standing order + example
13. definition of direct debit + example

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1. What is an economy definition
2. Economic resources definition
3. Natural resources definition
4. Human resources definition
5. The circular flow of income  definition
6. The flow of income1,2,3,4 diagram and labels
7. Government and taxation ( types of taxes & definition)
8. Leakages and injections definitions
9. Privatisation definition
10. Chart breakdown diagram and labels

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what renewable and non-renewable resources are.
what CSR stands for and what it is
what to do to become a more ethical consumer.
definition of sustainability.
Challenges for sustainable development.
Definition of carbon footprint.
How to practice sustainable living.

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Know how to make a consumer complaint

Know key terms, consumerism, mediator and ombudsman

Name a few different agenises and financial institutions for consumers.
ASAI
IHF
IIF

Know what the small claims court is

Understand consumer redress

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1. What is an Entrepreneur?
2. Characteristic vs Skills.
3. Skills enterprising people must have.
4. Characteristics of an entrepreneur.
5. Role of an entrepreneur.
6. What is an Intrapreneur?
7. Types of enterprises.

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1.demand (definition)
2.demand curve  (definition)
3.supply (definition)
4.supply curve (definition)
5.supply and demand curve (read and draw)
6.equlilbrium (definition )
7.elastic demand (definition)
8.inelastic demand (definition)
9.market demand schedule (definition)

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Globalization (definition)
Factors that helped the globalization process
Impacts of Globalization
Definions:
-Foreign Direct investment
-Transnational countries
-Multinational companies
Why TNCs located in Ireland?
Pros and Cons Technology on the Consumer?

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1. are you able to prepare and understand a budget
2. understand income and expenditure for households and individuals
3. understand and identify a surplus or deficit
4. able to make financial recommendations
5. value financial value and budgeting
key terms
net cash, income, surplus, deficit, expenditure, opening/closing cash, revised budget, data presentation, discretionary  spending, financial position

what is a budget?

what is discretionary spending?

why do we budget?

do you priorities your spending?

what is the difference between income and expenditure?

who budgets?

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5 stages
1 dependence
2 independence
3 emerging
4 pre retirement
5 retirement

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1. marketing(definition)
2. market segmentation(definition)
3. target market(definition)
4. the 4 p's
5. what the 4 p's consist of(definition)
6. advertising(definition)
7. aims of advertising
8. types of advertising
9. common advertising medias

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1. Consumer - definition / what makes you a consumer?
2. Informed Consumer - definition
3. R + R definitions
4. Guidelines for being a good consumer
5. Understand and know consumers' R + R
6. Understand consumer ethics
7. 3 R's of redress

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1. What is economics?
2. What is a resource?
3. 4 Factors of production
4. what is the difference between financial and opportunity cost?
5. What is a rational choice?
6. How do individuals , businesses and government make choices?

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*Definition of organistaion
*Define 'for profit ' and not for profit ' and examples
*Sole trader defintion and examples
-unlimted liability  definition
*private ltd -definition and eg
*Co-opretives - definition and eg
*inputss and outputs
*primary/secondary/tertiary sectors
*Types of enterprise
-finacial
-cultral
social