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Economics-Stuff that I should defo know

  • 14-05-2010 11:54pm
    #1
    gonnaplayrugby
    Closed Accounts Posts: 453 ✭✭


    What are the topics/questions I should definetly know?


Comments

  • #2
    Ashashi
    Registered Users, Registered Users 2 Posts: 285 ✭✭Ashashi


    Well, the usual, Demand/Supply. Elasticity, have a good grasp on all of the market structures.

    Then it gets a little bit hazy. I would say there will be something on National Debt, and Banking. Both massively topical.... topics(:P).

    But it is a little bit tough to predict. National Income could also feature, as we practically have none, so yeah. It will be a depressing paper in a sense :D


  • #3
    MavisDavis
    Closed Accounts Posts: 1,263 ✭✭✭MavisDavis


    Q1 is usually Demand, Supply and Elasticity. Learn those inside out.

    Q2 is a market structure. Oligopoly is tipped to come up, but chancing your arm just learning that could be risky.

    One of the factors of production usually appears for micro, too.

    For macro, maybe have a look at topical areas like inflation/deflation, employment, government and the economy, national debt, and money and banking.

    And definitely don't forget about Section A! Go through the past papers and practice them.


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