Introduction to Economics Day 2 by Regina Casey https://padlet.com/reginacasey/yuiqlevn5xojhfw2 en-us 2021-11-29 10:05:35 UTC 2025-10-12 05:50:52 UTC hello@padlet.com Econ Specification reginacasey https://padlet.com/reginacasey/yuiqlevn5xojhfw2/wish/1917547578 2021-11-29 10:19:47 UTC https://padlet.com/reginacasey/yuiqlevn5xojhfw2/wish/1917547578 Research Study Guidelines reginacasey https://padlet.com/reginacasey/yuiqlevn5xojhfw2/wish/1917547813 2021-11-29 10:19:57 UTC https://padlet.com/reginacasey/yuiqlevn5xojhfw2/wish/1917547813 Economics - CPD material on Scoilnet reginacasey https://padlet.com/reginacasey/yuiqlevn5xojhfw2/wish/1917548061 2021-11-29 10:20:09 UTC https://padlet.com/reginacasey/yuiqlevn5xojhfw2/wish/1917548061 State Examinations Commission Website reginacasey https://padlet.com/reginacasey/yuiqlevn5xojhfw2/wish/1917549046 Project and Practical Coursework Section]]> 2021-11-29 10:20:36 UTC https://padlet.com/reginacasey/yuiqlevn5xojhfw2/wish/1917549046 The Research Study- Building on Experience Webinar reginacasey https://padlet.com/reginacasey/yuiqlevn5xojhfw2/wish/1917549795 2021-11-29 10:21:07 UTC https://padlet.com/reginacasey/yuiqlevn5xojhfw2/wish/1917549795 The Research Study- Building on Experience Resources reginacasey https://padlet.com/reginacasey/yuiqlevn5xojhfw2/wish/1917550003 2021-11-29 10:21:17 UTC https://padlet.com/reginacasey/yuiqlevn5xojhfw2/wish/1917550003 Updated Guidelines - The Research study- Building on Experience reginacasey https://padlet.com/reginacasey/yuiqlevn5xojhfw2/wish/1917550295 2021-11-29 10:21:29 UTC https://padlet.com/reginacasey/yuiqlevn5xojhfw2/wish/1917550295 reginacasey https://padlet.com/reginacasey/yuiqlevn5xojhfw2/wish/1917550601 2021-11-29 10:21:42 UTC https://padlet.com/reginacasey/yuiqlevn5xojhfw2/wish/1917550601 reginacasey https://padlet.com/reginacasey/yuiqlevn5xojhfw2/wish/1918205869 2021-11-29 15:28:53 UTC https://padlet.com/reginacasey/yuiqlevn5xojhfw2/wish/1918205869 reginacasey https://padlet.com/reginacasey/yuiqlevn5xojhfw2/wish/1920259892 2021-11-30 12:50:03 UTC https://padlet.com/reginacasey/yuiqlevn5xojhfw2/wish/1920259892 ciansweeney https://padlet.com/reginacasey/yuiqlevn5xojhfw2/wish/1920589128 Economics HL Marking Scheme 2021 - Research study rubric on pages 36-38]]> 2021-11-30 14:57:34 UTC https://padlet.com/reginacasey/yuiqlevn5xojhfw2/wish/1920589128 YEOTY Rent project ciansweeney https://padlet.com/reginacasey/yuiqlevn5xojhfw2/wish/1920603474 2021-11-30 15:02:43 UTC https://padlet.com/reginacasey/yuiqlevn5xojhfw2/wish/1920603474 reginacasey https://padlet.com/reginacasey/yuiqlevn5xojhfw2/wish/1920824553 2021-11-30 16:23:36 UTC https://padlet.com/reginacasey/yuiqlevn5xojhfw2/wish/1920824553 reginacasey https://padlet.com/reginacasey/yuiqlevn5xojhfw2/wish/1922441051 2021-12-01 10:12:52 UTC https://padlet.com/reginacasey/yuiqlevn5xojhfw2/wish/1922441051 reginacasey https://padlet.com/reginacasey/yuiqlevn5xojhfw2/wish/1922450573 2021-12-01 10:19:11 UTC https://padlet.com/reginacasey/yuiqlevn5xojhfw2/wish/1922450573 reginacasey https://padlet.com/reginacasey/yuiqlevn5xojhfw2/wish/1922451997 2021-12-01 10:20:09 UTC https://padlet.com/reginacasey/yuiqlevn5xojhfw2/wish/1922451997 reginacasey https://padlet.com/reginacasey/yuiqlevn5xojhfw2/wish/1922453063 2021-12-01 10:20:54 UTC https://padlet.com/reginacasey/yuiqlevn5xojhfw2/wish/1922453063 reginacasey https://padlet.com/reginacasey/yuiqlevn5xojhfw2/wish/1922453957 2021-12-01 10:21:34 UTC https://padlet.com/reginacasey/yuiqlevn5xojhfw2/wish/1922453957 reginacasey https://padlet.com/reginacasey/yuiqlevn5xojhfw2/wish/1922539332 2021-12-01 11:23:42 UTC https://padlet.com/reginacasey/yuiqlevn5xojhfw2/wish/1922539332 Climate Action Plan - Inquiry Support Materials reginacasey https://padlet.com/reginacasey/yuiqlevn5xojhfw2/wish/1931124005 2021-12-06 13:48:22 UTC https://padlet.com/reginacasey/yuiqlevn5xojhfw2/wish/1931124005 reginacasey https://padlet.com/reginacasey/yuiqlevn5xojhfw2/wish/1940235253 2021-12-10 12:40:57 UTC https://padlet.com/reginacasey/yuiqlevn5xojhfw2/wish/1940235253 reginacasey https://padlet.com/reginacasey/yuiqlevn5xojhfw2/wish/1944926074 2021-12-13 16:08:25 UTC https://padlet.com/reginacasey/yuiqlevn5xojhfw2/wish/1944926074 Stimulus Material reginacasey https://padlet.com/reginacasey/yuiqlevn5xojhfw2/wish/1980790269 2022-01-07 16:16:42 UTC https://padlet.com/reginacasey/yuiqlevn5xojhfw2/wish/1980790269 Gapminder reginacasey https://padlet.com/reginacasey/yuiqlevn5xojhfw2/wish/1980810925 2022-01-07 16:28:50 UTC https://padlet.com/reginacasey/yuiqlevn5xojhfw2/wish/1980810925 Working with Online Sources of Data and Information ciansweeney https://padlet.com/reginacasey/yuiqlevn5xojhfw2/wish/1983654413 2022-01-10 12:09:35 UTC https://padlet.com/reginacasey/yuiqlevn5xojhfw2/wish/1983654413 Working with Data and Information ciansweeney https://padlet.com/reginacasey/yuiqlevn5xojhfw2/wish/1983655102 2022-01-10 12:10:13 UTC https://padlet.com/reginacasey/yuiqlevn5xojhfw2/wish/1983655102 Effective Questioning and Classroom Talk ciansweeney https://padlet.com/reginacasey/yuiqlevn5xojhfw2/wish/1985620439 Page 21 and 22]]> 2022-01-11 09:08:13 UTC https://padlet.com/reginacasey/yuiqlevn5xojhfw2/wish/1985620439 Introduction to Economics Seminar Day 2 - Support Materials reginacasey https://padlet.com/reginacasey/yuiqlevn5xojhfw2/wish/1995631123 2022-01-17 10:55:27 UTC https://padlet.com/reginacasey/yuiqlevn5xojhfw2/wish/1995631123 Eurostat https://padlet.com/reginacasey/yuiqlevn5xojhfw2/wish/1997678229 L.O 2.4.2  evaluate how and why the government may use various interventions and incentives, such as taxation and legislation, to influence the
price and quantity outcomes in particular markets
L.O. 1.2.1 explain how scarcity of economic resources relative to wants results in choices being made
between competing uses of resources; predict possible consequences of these choices]]> 2022-01-18 11:36:55 UTC https://padlet.com/reginacasey/yuiqlevn5xojhfw2/wish/1997678229 eosullivan27 https://padlet.com/reginacasey/yuiqlevn5xojhfw2/wish/1997679609 2022-01-18 11:37:55 UTC https://padlet.com/reginacasey/yuiqlevn5xojhfw2/wish/1997679609 Consumer Demand https://padlet.com/reginacasey/yuiqlevn5xojhfw2/wish/1997681927 How it will be used in class: Spark discussion, use as a hook into a topic, link back to the real world and real life data. Imagery is a hook in itself.


LO 1: Construct a graphical representation of demand and supply in a market economy and critically analyse the role of the price mechanism in a market economy

LO 2: Evaluate the economic role of consumers in an economy, explaining how positive and negative incentives influence consumer activity

LO 3: Evaluate the economic role of firms in an economy, explaining how positive and negative incentives influence economic activity


How it will be used in class: Spark discussion, use as a hook into a topic.

https://www.cso.ie/en/interactivezone/visualisationtools/housepricesbyeircode/

Q: What counties have the highest house prices?

Q: What contributes to one eircode being more expensive than another?

Q: How do new amenities affect demand and supply?

Q: What is the impact (positive/negative) of businesses/services locating in an area?

Q: Analyse why there is a difference in prices between different parts of the country.]]> 2022-01-18 11:39:33 UTC https://padlet.com/reginacasey/yuiqlevn5xojhfw2/wish/1997681927 Applying Blooms https://padlet.com/reginacasey/yuiqlevn5xojhfw2/wish/1998069632 Knowledge
What Timeline is being looked at in these tables? What two aspects are being compared?
Comprehension
Describe what is happening to house prices on average across Europe from Q1 2010 to Q12021?
Application
How do increasing rents and house prices apply to the theory we have studied on supply and demand?
Analysis
Compare the changes in house prices and rent to that of changes in the UK ? Can you give a possible reason for the differences in each region?
Synthesis


Evaluation


Creativity


]]> 2022-01-18 14:36:08 UTC https://padlet.com/reginacasey/yuiqlevn5xojhfw2/wish/1998069632 Revenue Taxation Receipts - Historical trends hernoldorsolya https://padlet.com/reginacasey/yuiqlevn5xojhfw2/wish/2000180626 LO 4.2 Fiscal policy and budget framework
LO 2.4 Government intervention
LO 2.1 Market economy
LO 4.1 National Income
LO 4.3 Employment and unemployment
LO 5.2 Globalisation
LO 5.1 International Trade]]> 2022-01-19 11:44:03 UTC https://padlet.com/reginacasey/yuiqlevn5xojhfw2/wish/2000180626 reginacasey https://padlet.com/reginacasey/yuiqlevn5xojhfw2/wish/2000195680 2022-01-19 11:54:11 UTC https://padlet.com/reginacasey/yuiqlevn5xojhfw2/wish/2000195680 demonstrate how a change in the main determinants of demand and supply can affect changes in the price and quantity of goods and services- link to how price and demand for fitness equipment increased over time https://padlet.com/reginacasey/yuiqlevn5xojhfw2/wish/2000209228 increase in online course could lead to increase in productivity  ]]> 2022-01-19 12:03:29 UTC https://padlet.com/reginacasey/yuiqlevn5xojhfw2/wish/2000209228 Effective questioning hernoldorsolya https://padlet.com/reginacasey/yuiqlevn5xojhfw2/wish/2000476022 1. Knowledge
Describe the graph, what are on the axes, labels, etc.?

2. Comprehension
Predict how tax revenue will change in the next year.

3. Application
Calculate the difference between 1987 and 2018 for the different taxes!

4. Analysis
How would you explain the increase in income tax over this period?

5. Synthesis
Construct your own chart about the income tax over time.

6. Evaluation
If you were a minister, what recommendations would you make to increase tax revenue in the next year?

7. Creativity
Investigate what industries / businesses are invested in with this revenue? How is this revenue being spent?
Role play / debate - groups prepare to represent the different departments of government and have to decide on the taxes of the next year, what they would increase / decrease.]]> 2022-01-19 14:08:32 UTC https://padlet.com/reginacasey/yuiqlevn5xojhfw2/wish/2000476022 33% of consumers purchase sporting goods online https://padlet.com/reginacasey/yuiqlevn5xojhfw2/wish/2000497618
  • Identify the figure for online sales  
  • Describe the law demand  
  • Illustrate with the aid of a diagram the change in price and quantity due to the increase in consumer spending on sport gear online 
  • Explain the possible reason for an increase in demand for sporting gear   
  • Thes suez canal has experienced delays predict the potential impact on the market for sports gear..... 
  • Recommend government intervention to support a healthy lifestyle  

    • ]]>     2022-01-19 14:16:30 UTC https://padlet.com/reginacasey/yuiqlevn5xojhfw2/wish/2000497618     Video showing how to gather Data on the CSO Date from Michael Ruane's website. https://padlet.com/reginacasey/yuiqlevn5xojhfw2/wish/2002674614 2022-01-20 12:12:20 UTC https://padlet.com/reginacasey/yuiqlevn5xojhfw2/wish/2002674614 Health Expenditure Data Example michelecrossan https://padlet.com/reginacasey/yuiqlevn5xojhfw2/wish/2002691179 1. What area of health did the Govt spend most on in 2021
    2.Can you summarise the Govt health expenditure for 2021
    3. Give an example of what Health and Social care expenditure would include.
    4. Analyse how this expenditure compares to 2022 expenditure
    5. What would you predict will be the largest area of expenditure for 2023.
    6. How will the government prioritise one area of expenditure over another?]]>     2022-01-20 12:23:05 UTC https://padlet.com/reginacasey/yuiqlevn5xojhfw2/wish/2002691179     https://ec.europa.eu/eurostat/documents/2995521/14176359/2-20012022-AP-EN.pdf/ce642dc8-1f96-fb6e-a7fc-a667762c5d37?t=1642606418726 shanekirwan https://padlet.com/reginacasey/yuiqlevn5xojhfw2/wish/2003044854 2022-01-20 14:54:49 UTC https://padlet.com/reginacasey/yuiqlevn5xojhfw2/wish/2003044854 Government Intervention Learning Outcome 2.4 https://padlet.com/reginacasey/yuiqlevn5xojhfw2/wish/2010965688 Using Infographic on state supports in 2020 as introduction to Government Intervention and benefits of mixed economy.]]> 2022-01-25 11:38:06 UTC https://padlet.com/reginacasey/yuiqlevn5xojhfw2/wish/2010965688 https://ec.europa.eu/eurostat/web/products-eurostat-news/-/ddn-20220114-1 https://padlet.com/reginacasey/yuiqlevn5xojhfw2/wish/2010974391 LO  2.4 Government intervention in the market  evaluate how and why the government may use various interventions and incentives, such as taxation and legislation, to influence the price and quantity outcomes in particular markets 
    (price ceiling)

    LO  2.2 The consumer (demand)  critique the assumption that consumers taking part in economic activity behave rationally 

    Bloom

    Analysis: 'Do you think the housing crisis had an impact on the increase in demand for rent?' 

    Synthesis: 'What would happen if the government introduced a price control?' 

    Evaluation: ' Compare Iceland's house price increase with Ireland's'

    Creativity: ' If you were the Minister for Finance, how would you respond to the housing crisis?']]>     2022-01-25 11:43:29 UTC https://padlet.com/reginacasey/yuiqlevn5xojhfw2/wish/2010974391     Related Topics https://padlet.com/reginacasey/yuiqlevn5xojhfw2/wish/2010977942 -Government Policy
    -SDGs
    -Monetary Policy]]>     2022-01-25 11:46:03 UTC https://padlet.com/reginacasey/yuiqlevn5xojhfw2/wish/2010977942     4.2 - Why has spending decreased from 2021 to 2021 with more Covid costs? https://padlet.com/reginacasey/yuiqlevn5xojhfw2/wish/2010979361 1. List some examples of government expenditure
    2. Describe the trend between 2011 and 2022
    3. Determine why the tread has changed over the years
    4. Explain the opportunity costs to government expenditure one education
    5. Critique the governments level of expenditure in 2020 and compare it to 2021
    6. Investigate the reasons as to why expenditure has decreased]]>     2022-01-25 11:47:02 UTC https://padlet.com/reginacasey/yuiqlevn5xojhfw2/wish/2010979361     https://padlet.com/reginacasey/yuiqlevn5xojhfw2/wish/2010982843 Governor's Blog | Central Bank of Ireland]]> 2022-01-25 11:49:37 UTC https://padlet.com/reginacasey/yuiqlevn5xojhfw2/wish/2010982843 Strand 2.4: Government Intervention: eduffy147 https://padlet.com/reginacasey/yuiqlevn5xojhfw2/wish/2011342485 Q.1 What does this data tell us - explain what you see? 
    Q.2 Identify the trend in the image.
    Q.3 Evaluate the effectiveness of regulation in attracting FDI?
                   or
    Would you recommend the government continue with this policy of attracting FDI to the country? Why?]]>     2022-01-25 14:44:49 UTC https://padlet.com/reginacasey/yuiqlevn5xojhfw2/wish/2011342485     https://padlet.com/reginacasey/yuiqlevn5xojhfw2/wish/2011345298 Questions on Climate change article
    -What can each individual/business/Government do to address climate change?
    -Present data to support your argument in favour of tackling climate change?
    - What is the opportunity cost of money spent on tackling climate change?
    - Is zero carbon emissions achievable?]]>     2022-01-25 14:45:50 UTC https://padlet.com/reginacasey/yuiqlevn5xojhfw2/wish/2011345298     noreillyspc https://padlet.com/reginacasey/yuiqlevn5xojhfw2/wish/2011347844 Aim: Create their own Infographic. 
    Pair work/group work to aid comprehension.
    Review keywords in infographic first. Identify prior understanding. 
    Try to identify benefits of these supports. 
    What is not mentioned?
    What more could be done?
    What is the opportunity cost of these state supports?




    ]]>     2022-01-25 14:46:45 UTC https://padlet.com/reginacasey/yuiqlevn5xojhfw2/wish/2011347844     https://whereyourmoneygoes.gov.ie/en/debt/2022/ https://padlet.com/reginacasey/yuiqlevn5xojhfw2/wish/2013373909 Looking At debt servicing, what contributions go towards the EU, can link in with fiscal policy chapter 12. 

    1. List where the government spends money.
    2. Discuss the Expenditure trends between 2015-2021.
    3. If you look at 2015 vs 2021 what changes can be seen in health expenditure, and can you come up with a reason for this change? 
    4.  Do you think the change in health expenditure was justified?
    5. What would happen if the government was to increase taxes?
    6. If you were the minister of health, what recommendations would you make for further health expenditure?]]>     2022-01-26 12:19:28 UTC https://padlet.com/reginacasey/yuiqlevn5xojhfw2/wish/2013373909     Economic and fiscal profiles of Ireland's Regions https://padlet.com/reginacasey/yuiqlevn5xojhfw2/wish/2013382038 https://public.flourish.studio/story/434616/]]> 2022-01-26 12:24:18 UTC https://padlet.com/reginacasey/yuiqlevn5xojhfw2/wish/2013382038 Digital Consumer Behaviour - Demand and Supply reginacasey https://padlet.com/reginacasey/yuiqlevn5xojhfw2/wish/2015685676 2022-01-27 11:59:59 UTC https://padlet.com/reginacasey/yuiqlevn5xojhfw2/wish/2015685676 In 2021, Russia remained the largest supplier of natural gas and petroleum oils to the EU. celinegraham148 https://padlet.com/reginacasey/yuiqlevn5xojhfw2/wish/2015691413 Resource - Eurostat:
    https://ec.europa.eu/eurostat/statistics-explained/index.php?title=EU_imports_of_energy_products_-_recent_developments

    LOs:
    1.2 Scarcity:  explain how scarcity of economic resources relative to wants results in choices being made between competing uses of resources; predict possible consequences of these choices 
    1.3 Sustainability:  consider potential implications of sustainable development for individual behaviour, choice, habits and values; business decisions; government policy 
    2.1 Market economy: demonstrate how a change in the main determinants of demand 
    and supply can affect changes in the price and quantity of goods 
    and services
    4.1 Monetary policy:  evaluate the causes of inflation and consequences of changes in the price level for consumers, firms and the economy as a whole
    5.3  International trade: investigate and analyse patterns in Irish trade in terms of quantity and types of goods and services over a period of time; assess the benefits and costs of trade on the Irish economy


    How frame this resource as part of a lesson?
    * Impact of shortage of supply of oil from Russia, how will this affect price of energy / oil & the goods and services reliant upon them
    * Break class up into 4 groups & give each group a separate line of inquiry based on above learning outcomes. Examples include:
         - Supply & demand of electric vehicles
         - Impact upon Distribution channel
         - Sustainability & environment 
         - International trade
       
    How work on the data?
    Ask teams to use this website to understand how the data has changed and why?  What does this mean for the future? 
    Use the 5 steps to analyse data as per SEC publication 
    ]]>     2022-01-27 12:04:40 UTC https://padlet.com/reginacasey/yuiqlevn5xojhfw2/wish/2015691413     Learning Outcomes https://padlet.com/reginacasey/yuiqlevn5xojhfw2/wish/2015698014 2.1.3 Examine how advances in technology can impact the market economy
    2.1.2 Demand and supply
    2.4 Government intervention in the market -
    3.2.5 Examine the factors affecting the supply of labour 
    3.3.3 Gov Regulation
    5.3.1 International trade  - benefits and costs of trade on Irish Economy 
    5.3.4 Arguments in favour of Int trade and Trade protection ]]>     2022-01-27 12:09:30 UTC https://padlet.com/reginacasey/yuiqlevn5xojhfw2/wish/2015698014     https://ec.europa.eu/eurostat/statistics-explained/index.php?title=EU_imports_of_energy_products_-_recent_developments#Overview celinegraham148 https://padlet.com/reginacasey/yuiqlevn5xojhfw2/wish/2015976158 Questions under each
    Knowledge: What was the value of imports Q1 2021?
    Comprehension: What was the difference between 2020 and q1 2021 in terms of tonnes of energy and value?
    Application: How is 2021 significant in terms of 2020?  
    Analysis: Can you analyse the reasons behind this change? 
    Synthesis: How would you design an graph to represent your findings?
    Evaluation: Do you think it is a good thing to have so much dependency on oil from one location in terms of our energy requirements?
    Creativity: How would you respond to this challenge of over dependence? How would you collaborate with other EU countries to find develop alternatives?]]>     2022-01-27 14:32:18 UTC https://padlet.com/reginacasey/yuiqlevn5xojhfw2/wish/2015976158     Vacant site list https://padlet.com/reginacasey/yuiqlevn5xojhfw2/wish/2015977690 1) Knowledge - What is a vacant site? What is a levy?
    2) Comprehension - What is the difference between the counties? Which county is the highest? Which county is the lowest?
    3) Application - Why would someone leave a property vacant? 
    4) Analysis - What are the motives behind the levy?
    5) Synthesis - Could this be a solution/help to affecting the supply crisis?
    6) Evaluation- Have you seen a tax being effective before?

    ]]>     2022-01-27 14:32:58 UTC https://padlet.com/reginacasey/yuiqlevn5xojhfw2/wish/2015977690     Questioning scostello38 https://padlet.com/reginacasey/yuiqlevn5xojhfw2/wish/2015979678 Knowledge - List an economic concept that comes to mind when looking at this infographic
    Comprehension - Why was there such an increase in demand for food delivered
    Application - How could we link this to Business costs  - Remote working and VC
    Analysis - Impact on employment - increase in demand for drivers and new regulations made by the Road safety Authority 
    Evaluation   - Due to this increase in consumer spending on line  - will this increase in demand lead to inflation in 2022?
    Create - brief summary of the impact of technology on consumer behaviour for 2022]]>     2022-01-27 14:33:46 UTC https://padlet.com/reginacasey/yuiqlevn5xojhfw2/wish/2015979678