Coláiste na Mí
1st Year Business Studies
Week
Chap.
Topic
Resources
Learning Outcomes
1
1
Budgets: Household
Income
 Budgeting
 Sources of Income
 Deductions
 Benefits
 Gross/Net Pay
 Textbook – Ready for
Business
 Weebly
 Puzzles
 PowerPoint – Income
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2
2
Expenditure
 Categories of
Expenditure
 Opportunity Cost
 Impulse Buying
 Textbook – Ready for
Business
 Weebly
 Puzzles and Activities
 Notes and Worksheets
3-6
3
The Analysed Cash Book
 Book Keeping
 Cash A/c vs Bank A\C
 Analysed Cash Book
 Assets & Liabilities
 Contra Entries
 Opening & Closing
Cash
 Textbook and
Workbook notes and
examples
 Weebly
 YouTube
 Sample Cash Book
 Exam Papers
 Identify items of Household
Expenditure
 Classify Expenditure under
Headings
 Check Bills/Invoices/Delivery
Notes
 File & Record Expenditure
 Know and identify two sides
of an account
 Identify assets & liabilities
 Write up and balance an
analysed cash book
Identify Sources of Income
Estimate & Calculate Income
Interpret a Pay Slip
Calculate Gross & Net Pay
7-9
10-12
13
4
5
The Consumer
 The Wise Consumer
 The Consumer and
the Law
 Consumer Rights
 Making Complaints
 Agencies involved
Insurance & Assurance
 Reasons for
Insurance
 Insurable/NonInsurable Risks
 Principals of
Insurance
 Proposal Forms for
insurance
 Premium
 Claims
 Compensation
 Average Clause
 Exclusion/Excess
 Clauses
APPRENTICE
CHALLENGE
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Textbooks/Workbooks
Weebly
PowerPoint
Puzzles and Games
Wordsearch/
Crosswords
Sample Formal letter
Apprentice Challenge
Textbook/Workbooks
Weebly
PowerPoint
Wordsearch
/Crosswords
Puzzles
Sample Proposal Form
Apprentice Challenge
Internet for real
insurance quotes
APPRENTICE
CHALLENGE
 Identifying Descriptions on
Products
 Interpreting Bar Codes
 Explain Receipts and Credit
Notes
 Identifying causes for
complaint
 Present written complaint
 Identify Insurance
Requirements
 Estimate the Costs
 Calculate Premiums
 Identify the Risks effect on
Premiums
 Estimate Compensation
(including Average Clause)
 Explain Insurance Terms
 Complete Proposal forms
APPRENTICE
CHALLENGE
14
Exams
Exams
Exams
15-20
6
Budgets
 Ordinary Level
Budgets
 Revised Budgets
 Budget Estimates
 Budget
Comparisons
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Chapter notes
Weebly
PowerPoint
Practice Questions with
Solutions for Folders
 Junior Cert Questions
and solutions
 Group categories of household
expenditure
 Prepare the different types of
budgets
 Interpret and analyse budgets
21
7
Money
 Money & Banking
Forms of Money
Money transfer
facilities
 Borrowing
 Cash versus Credit
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 Identify different types of
money
 Know the difference between
SO and DD
 Identify the characteristics of
money
22-23
8
Personal Banking
 Functions of a
Commercial Bank
 Cheques
 ATM’s
 24 Hr Banking services
 Textbooks and
Workbooks
 Weebly
 Sample Cheques
Textbooks and Notes
Weebly
Workbooks
YouTube
Big Cheque
Sample cards
 Complete and Crossing of
cheques
 Complete
lodgement/withdrawal forms
 Identify different parties on a
cheque
23-24
9
25-26
10
 Foreign Exchange
 Sample
Withdrawal/Lodgement
forms
 Calculate foreign exchange
rates
Bank Statements
 Bank statements vs.
Cash Book
 Debit and Credit
 Updating Cash book
and Bank Rec
Statement
Personal Saving and
credit purchasing
 Building Societies
 Saving & Investing
 Saving Schemes
 DIRT
 Interest on Savings
 Buying on Credit
 Collateral
 Hire Purchase
 Weebly
 Textbooks and Notes
 YouTube
 Complete Cash Book
 Identify and Recognise
different transactions in a
bank statement
 Complete Cash Correction
Account and Bank Rec
Statement
 Reasons & Places to Save
 Recommending Financial
institutions
 Calculate DIRT and Interest
on Deposits
 Compare Simple and
Compound Interest
 Compare Cash with Cost of
Credit
 Compare True & Flat rates of
interest
 Compare Leasing & Hire
Purchase
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Weebly
Activities
Textbooks and Notes
Workbooks
27-29
11
Economics
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What is Economics
Needs and Wants
Limited Resources
Factors of
Production
 Purpose of the
Economic System
 Inflation
 Gross Domestic
Product
Economic Growth
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Books
Chapter notes
Sample Budget
Puzzles
Weebly
Newspaper
 Identify our needs & wants
 Calculate Inflation &
Economic Growth
 Define Economics
 Identify Factors of Production
 Purpose of Economic Systems
 Effects of Inflation
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