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What to Expect from Economics in 2025
With the 2025 Leaving Cert Economics paper fast approaching, we’ve analysed trends from 2020–2024, including deferred papers, to give you the most accurate predictions possible. Here’s everything you should focus on.
🧠 Section A - Short Questions (Q1)
Expect this question to mix up to 10 topics across Micro and Macro. Practice working fast and being concise. Key topics likely to appear:
📌 Key areas likely for 2025:
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National income definitions
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Elasticity
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Opportunity cost
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Taxation
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Economic systems
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Multinationals in Ireland
✅ Pro Tip: Revise definitions and reasons for economic behaviour. Be ready to explain in one or two lines.
📚 Section B – Long Questions (Q2–Q8)
🛒 Microeconomics (Q2–Q4)
Likely areas:
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Elasticity (Price/Income/Cross)
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Market structures: Perfect competition vs Monopoly
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Consumer behaviour: Law of Equi-Marginal Utility
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Costs of production & economies of scale
⚠️ Common appearances: Cost curves and market graphs – practice drawing and interpreting them.
💸 Macroeconomics (Q5–Q8)
Possible questions:
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National income & circular flow diagrams
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Fiscal policy, Budget surplus/deficit
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Inflation, Unemployment
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International trade, Multinationals
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EU Policy & globalisation
📌 Top Pick: National income and the multiplier often feature in some form.
📈 Q9 – Applied Economics / Current Affairs
Watch out for topical macro themes like:
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Housing crisis / Government policy
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Sustainability / Green economy
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Budget 2025 & Taxation
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Role of the ECB or Central Bank of Ireland
📊 What Came Up in 2020–2024?
Here’s a snapshot of what’s been tested most often:
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2024: CPI, Inflation, Tax, Economic development
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2023: Demand, Elasticity, GDP, Globalisation
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2022: Opportunity cost, Black economy, Budget deficit
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2021: Consumer behaviour, Labour, Production
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2020: Elasticity, Enterprise, Taxation
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🧠 Frequently Asked Questions
Will Elasticity come up in 2025?
Highly likely – it’s one of the most frequently examined micro topics, and a favourite for both short and long questions.
What’s the best way to revise Section B?
Use past papers to practice drawing diagrams and structure full-length answers with headings, definitions, and examples.
📄 Deferred Papers – Do They Matter?
Yes – the SEC often overlaps. For instance:
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2023 deferred had a similar elasticity short question as 2024.
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2022 deferred mirrored 2023’s Q6 and Q9 closely.
👀 Watch this space: As soon as the 2024 deferred paper is released, review it for any repeated structures or phrasing.
