JF EC1040 Economic Policy

SaraMC123

Hey, if anyone is doing economic policy (antoin murphy and elenor denny), what do we study for the first part of the course? I've done the history of economic thought, money, supply and demand, national income, inflation, unemployment, and some stuff on the IMF...but I did it out of my economics book for leaving cert, and anything that wasn't in it I just used the book on the reading list for...so basically I can answer all of the questions that a.e. murphy has asked before, but sort of in a different way? obviously all of the info is still right...I just find our book so confusing...anyone know if thats ok?

Denerick

Trinity is a worthy institution and I'm afraid that using your leaving cert economics text book as a study guide will leave you gravely ill prepared for your exams. You might blag a 2:1 in UCD with such methods, but surely not in Trinity.

zam

Gosh you've done alot. Sheeeet.

And for something like first year economic policy, using a LC textbook probably is a good idea. Obviously not if you're going for the first, but seeing as the course is taught to hundreds of people who've never studied economics before, and concepts like markets don't really differ from book to book, it's a good way of getting some kind of a grounding in the subject.

machete happy

Hey OP.

You do seem to have covered alot! Antoin is fairly predictable, I'm focusing on Keynes + stimulation of the markets, monetarism, supply and demand graphs, milton friedman, Marx, Capitalism v communism and the formula for predicting an economic forecast. Also he seems to like asking about how supply and demand affects the oil and house prices in Ireland and globally. I'm doing ''what is money'' and how the banks work since its pretty topical this year with the IMF et. al!

Having said all that, these are just my thoughts and I could be entirely wrong. I based the topics on his past exam papers and what he said in lectures this year.
Hope this helps.

SaraMC123

Ah that brilliant thx both of u! LC is a bit simpler, but in theory it's all the same. Either some sort of national income, money supply, supply and demand, or Keynes comes up every year from what I've seen, I figure there has to be an IMF question on what the likely effects are and stuff..thanks a mil! Best of luck!

SaraMC123

Does anyone know how many pages we need or each answer??

Mountain_Surfer

Denerick wrote: »

Trinity is a worthy institution and I'm afraid that using your leaving cert economics text book as a study guide will leave you gravely ill prepared for your exams. You might blag a 2:1 in UCD with such methods, but surely not in Trinity.

I did that economics course in first year and there were a lot of people who just used their secondary school knowledge and text books. A lot of them did quite well too so I dont see how your comment is in any way useful to the OP. Realistically the exam is just around the corner and getting criticized on an internet forum is not going to make the OP start afresh and learn economics the correct way at this stage.

Im not saying that its the right thing to do but it worked for the people I know anyway