3 ways to Study Economics subject
Studying economics can be an interesting and rewarding experience. You can learn economics all on your own without the benefit of formal education. You can also start learning economics when you’re in high school or even earlier, if you’re ambitious. You can carry that love through college and even postgraduate work. When studying economics, you must also learn how to prepare for exams so you can learn the models and do well on the exams.
I. Learning Economics on Your Own
1. You can watch TV live stream everyday news that related economic, like national economic news and international economic news. Watch videos on economics to begin learning the basics. You’ll find a wide range of tutorials on economics on sites like YouTube. Look for videos from respected economists and professors in particular, and watch the videos to learn more.
2. Read about economics from reputable websites. Many reputable websites offer information on the basics of economics, and you can find a whole world to explore. Look for websites with “.edu,” “.gov,” or “.org,”
3. Pick up a used textbook to dig a little deeper. Textbooks are a great way to learn the basics of economics, and you don’t need to be in a class to buy one. Check with your friends who’ve taken economic classes or look at reviews to find a good textbook. Try a textbook that provides an introduction to microeconomics or macroeconomics.
4. Read other books on economics. Textbooks are a great way to get an introduction to economics, but plenty of other books will give expand your knowledge. Plus, many of them won’t be quite as dry as textbooks, so you’ll learn more because you’ll be entertained, too.
5. Work on your math skills to complement what you’re learning. Math skills are helpful when it comes to learning economics, particularly statistics. If your math skills are lacking, consider taking a free online course to brush up. Start with where you’re at and work up to harder courses. For example, you can find classes offered through sites like Khan Academy or Coursers.
6. Take an online economics course to study one aspect of economics. Many universities now offer free courses online that are open to the public. While these courses are not for credit, you do get much of the same information that students who attend these universities do.
II. Learning Economics through Higher Education
1. Focus on economics in high school. Begin your education on economics by taking classes in high school. Most schools offer at least one course in economics, and many offer more classes. If your school doesn’t, see if you can take classes at a local community college, as many schools allow you to take classes concurrently.
2. Begin with the introductory courses at university. While most programs already require you to do so, it’s a good idea to start with the basics. Get the introductory classes out of the way first, so that you have a foundation for later classes.
3. Take a wide range of courses in economics. When you’re first starting out in economics, try to pick a range of classes. Eventually, you’ll likely want to specialize in an area, but it’s difficult to choose an area of study if you haven’t been exposed to the wide range of subjects in the field.
4. Become well versed in calculus and statistics. Economics is heavily math-based, so take classes that will help you build a strong foundation in math. Statistics is an especially relevant course, so try to take that if you can.
5. Combine economics with another degree. Economics is great on its own, but it can also be beneficial to do a double major. Economics can be applied to almost any other field, so you can work on it with another field you enjoy. Doing so can help you get a job, since you’ll have a wider field of knowledge.
6. Practice independent work as you move towards graduation. As you advance in your degree, you’ll need to work more on your own. Start this process by working on being independent early on. Try to work through problems by yourself so you better understand the course material, for instance.
7. Look for research opportunities in your field. Professors will be conducting their own research in the field of economics, and they’ll want help from students like you. Ask around for any opportunities. Working with a professor will help you gain insight into how research is performed in the field.
8. Specialize in an area you enjoy, such as microeconomics. When you first start out in college, you’ll need to take certain basics, as well as take classes in a wide range. As you work toward finishing your degree and possibly moving to a graduate degree, start focusing on the area of economics that you enjoy the most.
9. Participate in math and economics clubs. If your school offers them, join in clubs that focus on economics and math. If your school doesn’t have them, consider starting a club. You’ll likely need a faculty sponsor, as well as a space to meet. Ask your math or economics teacher if they’d be willing to sponsor you.
III. Acing an Economics Exam
1. Study by working through problems instead of memorizing. If you’re like most people, you’ve been taught to learn by committing facts to memory. While knowing some key facts is important in economics, it’s more important to understand how the models work.
2. Look at the main ideas and subtopics you’ve covered. Go through your notes and textbooks and identify the main ideas you need to tackle, as well as the subtopics you need to look at. Divide the time you have to study between these topics, so you have equal time for each.
3. Work on economics a little each day. You know that cramming isn’t the best way to study. You stress yourself out, and you don’t learn the material properly. Instead of cramming the night before an exam, spread it out over weeks, spending a little time each day working on economics.
4. Tackle the tasks you find harder first. When you sit down to study, work on the things you don’t like as much first. That way, when you’ve been working for a few hours and have a bit less energy, you’ll get to the stuff you enjoy more.
5. Use resources outside of your class to enhance your learning. Sometimes, going over the same material again and again can be a bit dull and dry. Plus, if you’re not understanding it, reading the same bit of textbook over and over isn’t likely to help.
6. Work through the study guide provided by your teacher. If your teacher or professor provides a study guide, make sure you are using it. Often, the teacher will structure things on the study guide like they will be on the test, so go over it thoroughly.
7. Read instructions carefully on the exam. When taking the test, look at the directions and make sure you understand them before writing answers. Your teacher may want you to draw diagrams in a specific way, and you don’t want to lose points if you aren’t reading carefully.