SGC Open Evening 2017

What is the Price Earnings Ratio?

Read the following article from Rubicoin that explains the PE ratio.

Marginal Costing – Revision

Now that we have finished revising Marginal Costing, here is a solution to a full question from Accounting at NUI Galway.

Watch other videos of LC Accounting questions and solutions from Accounting in NUI Galway.

TK Whitaker

IMG_1310.JPG‘Architect of the Irish economy’ – 10 things you need to know about ‘national treasure’ TK Whitaker

Economics – start preparing for strong macroeconomic questions

Besides the main coursework this year on micro economics it is important to note some of the main events in 2016 that may appear on this years macro questions.

1. BREXIT – Impact on Ireland

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  • Trade with Britain / Balance of payments/tariffs ( Britain expected to stay in customs union with sector specific deals)
  • Northern relationship-  Good Friday Agreement
  • Demand for Irish agri- business / Irish farming sector employment
  • Lost revenue for Govt
  • Immigration for Irish into Britain

2. Homeless crisis/ housing crisis

Homeless Crisis

  • unaffordable rents- increase in families without homes (rent caps?)
  • Insufficient temporary accommodation
  • Protestors open NAMA owned Apollo house Dec 15th to shelter homeless
  • img_1306

Housing Crisis

  • Housing in urban areas-Excess Demand
  • Govt initiative ‘Help to buy Scheme’ – this will increase demand and prices well in excess of supply
  • Construction employment is starting to grow in mainly Dublin & Cork- 14088 residential units were built this year. Not enough to meet demand ( Construction Industry Federation)

EU Immigration Crisis

  • Numbers- from June 2015 to November 2016 1.3m people have travelled to Europe. 3,740 people died making the crossing across the central Mediterranean. 21.3 m people are refugees (51pc children)to date globally mainly from Syria, Afghanistan, Somalia.
  • Six wealthiest Nations- US, UK, France, Germany, China, Japan host 9pc of the refugees, 86pc are hosted in developing nations.
  • Irelands actions- Irish Refugee Protection Programme announced a plan to welcome 4,000 Syrians, 750 have arrived.img_1307

 

Irish Tourism 2016

  • 8.8m tourists visited Ireland in 2016-up 10pc
  • expected to increase further- uncertainty from value of sterling, international  security, inflated hotel prices in Dublin etc.

Key economic indicators will be covered in class.

 

sources: Sunday Business Post Jan 1st, Irish Independent Jan 1st, CSO, Trading economics.

 

CLOCKWISE starts selling!!

Congrats to TY enterprise CLOCKWISE who have started selling their key ring clocks for the Christmas .

Christmas Exams

SGC Business would like to wish St Gerald’s College students all the best in their Christmas exams. img_1300

 


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