Junior Cycle · Junior Cycle Business Studies
Junior Cycle Business Studies: Economic indicators
How often Economic indicators comes up on the Business Studies papers, every year it was asked, and questions to try.
CL Asked on 6 of the last 6 Common Level papers, most recently in 2026. banker
Economic indicators, Common Level(7 marks)
Quick ones on Economic indicators.
(a)What is inflation?
- A fall in the number of jobs available
- A general rise in prices over time
- A rise in the value of savings
(b)What does CPI stand for?
- Cost of Production Index
- Central Pricing Institute
- Consumer Price Index
(c)A basket of goods cost €200 last year and €210 this year. What is the rate of inflation?
- 5%
- 4.8%
- 10%
Show the answers
(a) A general rise in prices over time
(b) Consumer Price Index
(c) 5%
Common Level
Asked on 6 of the last 6 Common Level papers, most recently in 2026. banker
Every paper, year by year
| Year | Where it came up |
|---|---|
| 2026 | Q8 |
| 2025 | Q3, Q16c, Q18c |
| 2024 | Q5 |
| 2023 | Q18a |
| 2022 | Q7, Q14 |
| 2019 | Q18c |
Links open the State Examinations Commission’s paper for that year.
Other Business Studies topics
- Business and the community
- Business documents
- Cash book, ledger & trial balance
- Consumer rights and protection
- Demand and supply
- Enterprise and entrepreneurship
- Final accounts
- Household budgeting
- Marketing mix
- National budget & economic policy
- Personal and household insurance
- Saving and borrowing
- Trade and globalisation
- Wages and payslips
- Workplace rights and relations
- Digital technology in business
- Employment, work & volunteering
- Income and expenditure
- Ireland and the EU
- Market research
- Taxation
- Business plans
- Consumer behaviour & technology
- Ethical & sustainable consumption
- Financial institutions & services
- Scarcity and factors of production
- Needs, wants & financial lifecycle
- Cash flow & business finance
- Growth & sustainable development