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*Economics Help*

  • 29-01-2011 1:31pm
    #1
    Registered Users, Registered Users 2 Posts: 3,989 ✭✭✭


    I'm in 5th year and am doing Economics by myself. I started after Christmas and have done:
    1. The Consumer and Utility
    2. Introduction to Economics
    3. Population
    4. Supply and Demand

    I'm doind about 1 chapter a week and want to know what chapter I should do next?. I was considering Economic Growth and Development in the macro section?. Also if anyone has any tips etc feel free to post them too.. Thanks! :D


Comments

  • Registered Users, Registered Users 2 Posts: 2,746 ✭✭✭Drag00n79


    It would make sense to do economic growth and development with population.


  • Registered Users, Registered Users 2 Posts: 3,989 ✭✭✭PictureFrame


    Shamrok wrote: »
    It would make sense to do economic growth and development with population.
    Economics Growth and Development it is then!. May I ask you hwat book do you use?


  • Registered Users, Registered Users 2 Posts: 12 mm5


    I think it would probably be best to do all the micro first, then move on to macro?


  • Registered Users, Registered Users 2 Posts: 3,989 ✭✭✭PictureFrame


    mm5 wrote: »
    I think it would probably be best to do all the micro first, then move on to macro?
    Thanks for the reply! Do you think that would be better if I did the Micro then the Macro?.


  • Registered Users, Registered Users 2 Posts: 1,115 ✭✭✭magicianz


    Definately start with the micro, I'd suggest the elasticity of demand/supply curves next, followed by market equilibrium. Then move onto your 4 factors of productions and your 5 market structures! Study the factors and structures well as they are big players in your exam. I think they accounted for 33% of an exam a while back? They usually get 1 essay on them so that's 75 marks there :)


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  • Registered Users, Registered Users 2 Posts: 3,989 ✭✭✭PictureFrame


    magicianz wrote: »
    Definately start with the micro, I'd suggest the elasticity of demand/supply curves next, followed by market equilibrium. Then move onto your 4 factors of productions and your 5 market structures! Study the factors and structures well as they are big players in your exam. I think they accounted for 33% of an exam a while back? They usually get 1 essay on them so that's 75 marks there :)

    What chapter is Market Equilibrium in?. Yeah the Factors of Production and 4 market market structures are guaranteed to appear every year aren't they?.

    So if you have to answer 4 Long question at 75 marks each and The Factors of production and a market structure appear every year that's 150/400 marks you can definitely aim for?. I'm going on a rant sorry!.. I'm looking for a B3 in Honours. If I could get this I would be ecstatic! Think I will start Elasticity this week instead so! Any other tips?. Does Rapid Revision give enough info to do an exam paper? Thanks


  • Registered Users, Registered Users 2 Posts: 1,115 ✭✭✭magicianz


    Not a clue what chapter cause I don't use a book :P it'd be like ehhmm.....demand and supply curves on the same diagram with a position where they crossed marked E or something? It will be near the demand and supply sections!

    It's not 2 essays, it'll probably be 1 and a bit essays but usually there will be 1 essay with a mix of Market structures and factors of production. The sections are mixed quite a lot in economics which is why you can't really focus like maths or something.

    If I have the time at lunch during the week I'll try and pop down to easons and see what the books are like. :) the main thing about economics is to be precise! Looking at old papers with marking schemes will show you the key words/phrases/ diagrams that are needed to max your marks :)


  • Registered Users, Registered Users 2 Posts: 3,989 ✭✭✭PictureFrame


    magicianz wrote: »
    Not a clue what chapter cause I don't use a book :P it'd be like ehhmm.....demand and supply curves on the same diagram with a position where they crossed marked E or something? It will be near the demand and supply sections!

    It's not 2 essays, it'll probably be 1 and a bit essays but usually there will be 1 essay with a mix of Market structures and factors of production. The sections are mixed quite a lot in economics which is why you can't really focus like maths or something.

    If I have the time at lunch during the week I'll try and pop down to easons and see what the books are like. :) the main thing about economics is to be precise! Looking at old papers with marking schemes will show you the key words/phrases/ diagrams that are needed to max your marks :)
    Oh I think I did Market Equilbrium in The Supply and Demand chapter.. From memory is it "the price of a good so that everything that is produced or supplied is sold/demanded.."

    And it has an x and y axis and a supply and demand line that meet in the middle and the middle is the equilbrium price?


  • Registered Users, Registered Users 2 Posts: 1,115 ✭✭✭magicianz


    Yeah that sounds about right! :) start looking at exam questions as soon as your done a section. If you're not sure if you're done the whole section, check te front of the papers for the summaries and they should help sort you out :) there is a section in macro that requires current government figures and stuff like that that tak research, not exactly sure what they are myself tho =\


  • Registered Users, Registered Users 2 Posts: 3,989 ✭✭✭PictureFrame


    magicianz wrote: »
    Yeah that sounds about right! :) start looking at exam questions as soon as your done a section. If you're not sure if you're done the whole section, check te front of the papers for the summaries and they should help sort you out :) there is a section in macro that requires current government figures and stuff like that that tak research, not exactly sure what they are myself tho =\
    Do Edco do Economics papers?


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  • Registered Users, Registered Users 2 Posts: 1,115 ✭✭✭magicianz


    I don't know but I'm using folens myself :) you can always use examinations.ie for now til you get them :)


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