Learning Economics cannot be compartmentalized into individual topics. To fully appreciate Economics, one needs to see the relationships between topics as well as applying them in real world context.
1. Always begin with the end in mind. Study with reference to syllabus guide. The Cambridge examiners are using this guide to set A level questions!
2.Although there are 2 segments of Economic: Microeconomics and Macroeconomics, essentially they are inter-related. For example, students need to understand the concept of elasticity of demand and supply in order to apply them in the topic, International trade.
3.Create your own concept map to draw the linkages between concepts across topics.
4.Read beyond notes! What is Economics without application to the real world? The recent Budget 2012 will show you actual implementation of Fiscal policies. Newspaper articles also help to reinforce conceptual understanding. Have fun discussing these issues with your tutor(s) and peers!
5.There are certain frameworks that you can use in answering essays and case study questions. A typical one would be ‘causes and consequences’ framework. We would like to show you an example of how to answer a typical question using a case study shown in the full article which can be downloaded in our download page.