St Patrick's College, Cavan.
BUSINESS STUDIES

Junior Cycle

Junior Cycle Business Studies
The course explores:
* The different aspects of managing a household including budgeting, banking and consumer rights.
* The management of a business under headings of finance, insurance and marketing.
* The impact of the government and foreign trade on business and the household is analysed.
* The recording and interpretation of financial data.

Senior Cycle

ECONOMICS
Economics studies the allocation of scarce resources within an economy to satisfy consumers’ needs and wants.

The course is subdivided into:
* Microeconomics dealing with individual consumers and producers, analysing the interaction of supply and demand in the market place.
* Macroeconomics examines the major economic variables: national income, foreign trade, exchange rates and inflation

BUSINESS
This subject provides an understanding of the environment in which business operates by:
* Analysing the relationship between the stakeholders in business and the resolution of conflict.
* Providing an insight into enterprise and management
* Examining the development of a new good or service from concept development to commercialisation
* Explaining the changing role of management
* Exploring the organisation of business both domestically and intentionally

ACCOUNTING
* The recording, presentation and interpretation of financial information.
* The preparation of Business Final Accounts, Cash Flow Statements, Published Accounts and Accounts from Incomplete Records.
* The role of Management Accounting is examined.
* The preparation of accounts for non-profit making organisations.
* The analysis of financial records.

 

 

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