Economics Notes (1 Viewer)

[FesuY]

Could anyone see my economics notes and tell my if im doing them correctly and if i need to add some stuff to it. Thanks

 

[nourished.]

They look fine to me.

Don't stress about making the notes perfect. Aim to just get the first set of notes done. Then, give a few past papers a go. You'll quickly get a feel of the sort of questions that commonly get asked. Then, just adjust your notes a bit. Remember - notes are meant to let you note things as you go. They don't become set in stone upon finishing them.

 

[FesuY]

They look fine to me.

Don't stress about making the notes perfect. Aim to just get the first set of notes done. Then, give a few past papers a go. You'll quickly get a feel of the sort of questions that commonly get asked. Then, just adjust your notes a bit. Remember - notes are meant to let you note things as you go. They don't become set in stone upon finishing them.

Oh ok gotcha, thanks bro

 

[jimmysmith560]

I definitely agree with @nourished.

@FesuY, this seems like a very promising set of notes, perhaps you should consider uploading them to the Notes & Resources section.

 

[Hiheyhello]

They look fine to me.

Don't stress about making the notes perfect. Aim to just get the first set of notes done. Then, give a few past papers a go. You'll quickly get a feel of the sort of questions that commonly get asked. Then, just adjust your notes a bit. Remember - notes are meant to let you note things as you go. They don't become set in stone upon finishing them.

that’s a good point, i never really thought of it like that! (was a so set in memorising my notes back to front)

do you reckon then that’ll it’ll be fine if i just memorise stats and dates and stuff??

thanks for any advice!

i’ve just been freaking out about eco lately coz i’m scared for the essays (gonna practice them asap) and feel like there’s so much content!!

 

[FesuY]

I definitely agree with @nourished.

@FesuY, this seems like a very promising set of notes, perhaps you should consider uploading them to the Notes & Resources section.

Hopefully when they're finished

 

[Hiheyhello]

Hopefully when they're finished

they’re looking really concise

perhaps consider adding stats if you have time after finishing

 

[FesuY]

they’re looking really concise

perhaps consider adding stats if you have time after finishing

ofc

 

[laterz laterz]

they’re looking really concise

perhaps consider adding stats if you have time after finishing

yeah defo have a decent amount of stats if u wanna get a band 6
example for composition: % of how much the agri and services exports are etc.

 

[nourished.]

that’s a good point, i never really thought of it like that! (was a so set in memorising my notes back to front)

do you reckon then that’ll it’ll be fine if i just memorise stats and dates and stuff??

thanks for any advice!

i’ve just been freaking out about eco lately coz i’m scared for the essays (gonna practice them asap) and feel like there’s so much content!!

Condense your notes into flowcharts. So, e.g. appreciation of AUD -> X worth more and M worth less -> ST improvement in BOGS -> ST improvement in CA, etc.

The content can be broadly summarised under global differences, free trade, protection, BOP, exchange rate, growth, unemployment, inflation, distribution of income, enviro, external stability, and macro and micro. Knowing both the flow charts and some statistics for just the above will score you 80%+ of your marks.

Statistics wise, you're good to go with gpp growth, inflation, unemployment, labour utilisation, CA, foreign debt. Basically, anything you'll ever need is in the RBA snapshot. A quick reminder that stats is just the icing on the cake. If you've got a tasty cake and no icing, it'd still be a tasty cake. No amount of icing will ever make a crap cake tasty. Lol.

 

[laterz laterz]

Condense your notes into flowcharts. So, e.g. appreciation of AUD -> X worth more and M worth less -> ST improvement in BOGS -> ST improvement in CA, etc.

The content can be broadly summarised under global differences, free trade, protection, BOP, exchange rate, growth, unemployment, inflation, distribution of income, enviro, external stability, and macro and micro. Knowing both the flow charts and some statistics for just the above will score you 80%+ of your marks.

Statistics wise, you're good to go with gpp growth, inflation, unemployment, labour utilisation, CA, foreign debt. Basically, anything you'll ever need is in the RBA snapshot. A quick reminder that stats is just the icing on the cake. If you've got a tasty cake and no icing, it'd still be a tasty cake. No amount of icing will ever make a crap cake tasty. Lol.

nice analogy there lol