How do you do well on economics courses?

[Fakesmile]

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I'm taking a 4-credit econ course (macroeconomics) for the first time and I'm not sure if I'm on the right track. I'd like to hear (possibly from econ majors or gurus) some tips on studying economics.
Thanks.

 

[Van Chowder]

Hahaha thats funny that you made this thread, I just got done studying econ for a few hours, im taking a 3 week intensive ( 3 unit class) and the professor sux, he hates what he does and I think listening to him is actually counter productive!!!!
Whats working for me so far, is just skim your assigned reading at first,
then read it and take notes as you read, and then review your notes when your're done.
🙂

( just to give you an example of how bad my prof is, he got 1's accross the board on Ratemyprof)

Good luck to yea!!

 

[PremedIowa]

When demand/supply goes up, price goes up.
When demand/supply goes down, price goes down.

In all seriousness, econ is very straight-forward, especially the intro levels. Just read the book and do the problems, it will not be rocket science.

 

[JediZero]

Econ can seem a little confusing because their terminology isn't terribly clear, but I enjoyed it well enough as a non-major gen-ed class.

Seriously, if you're rocking your science classes like you should be doing, Econ is a breeze in comparison. Just do the work like you would for any other class and you'll be fine.

 

[batman1983]

Its called logic

 

[loveoforganic]

Macroecon was crazy and confusing to me, but I took it sophomore year of highschool.

 

[txprodigal]

make sure you pay attention in class and write down anything the professor writes down (if they do write anything down)

besides that, you'll probably have a ton of graphs that you'll be working with - make sure you understand what causes shifts in the curves versus movements along the curve

be able to draw the shift if given a particular scenario

other than that, just read the book or slides ... some people try to approach it by memorizing, but i don't think that's the best approach. it's mostly logic once you build your foundation, so just focus on trying to think through different situations and understanding why it happens rather than trying to memorize all the different possibilities

 

[Kaustikos]

When demand/supply goes up, price goes up.
When demand/supply goes down, price goes down.

In all seriousness, econ is very straight-forward, especially the intro levels. Just read the book and do the problems, it will not be rocket science.

No, it isn't. Economics is fun, interesting and requires a different train of thought than biology. I loved micro/macro economics but I didn't do so well on the AP exam. despite that, it was what interested me in business.

I would say doing problems and understanding the theories/ideas is all I can say.