Economics

[Hutchoo]

I see. Thats a relief, jargon it is ^.^

Does anyone have a list of the 'jargon' used for 3/4 subjects?
Definition list etc.

[schmalex]

There's no use just learning jargon for the sake of it- you learn it along the way.

[Hutchoo]

Can you even study for economics over the holiday :S?

[schmalex]

It's a bit difficult. My advice would be to learn all about our current economic situation - interest rates, economic growth, inflation etc., what it looked like in past years and a bit about past budgets and things. That's probably the easiest thing to learn. Otherwise, just look through the text book? And there's probably some good stuff on the net about microeconomics. Learn about the demand\supply model really well, because that and elasticity are the two most difficult concepts you'll have to deal with. Maybe also learn about the reserve bank, monetary policy, cash rates etc. because there's plenty of information on that around and it's also a pretty big party.

[AzureBlue]

Can you even study for economics over the holiday :S?

Yes. The uni textbooks are just that awesome - I couldn't stop reading Principles of Microeconomics; in fact, I started and finished reading it within 3 days. Maybe read stuff like case studies, The Financial Review, and the Economist?

[eadvice]

visit http://grou.ps/vceeconomics and ask there. Great chance you will get it, but make sure you ask in forum or chat.

[Hutchoo]

visit http://grou.ps/vceeconomics and ask there. Great chance you will get it, but make sure you ask in forum or chat.

4 members?

[Yitzi_K]

visit http://grou.ps/vceeconomics and ask there. Great chance you will get it, but make sure you ask in forum or chat.

4 members?

Gotta start somewhere I suppose.

[eadvice]

visit http://grou.ps/vceeconomics and ask there. Great chance you will get it, but make sure you ask in forum or chat.

4 members?

Hi Hutchoo, my site is fairly new, although it has plenty of resources, I think it has the potential too grow, whilst providing help and support as well as tailoring most thing to all vce economic students.

So hope to see you there:)

[mumakai]

Can you even study for economics over the holiday :S?

read the business section of your newspaper or the business section on news websites, this will teach you new terms, what the govs policies are atm and whats happening with how to make money

[Hutchoo]

Thanks for that, Mumakai.

This may be a stupid question.. but would having a job somehow help with me understanding economics?

[Caspar]

Hutchoo, depending on how I go in eco I might help you out a bit over the hols. It's a pretty easy subject if you're able to grasp the more complex concepts fairly easily, but exams are a pain as most of the marks are allocated to 4+ mark questions where dropping one mark is far too easy.

edit: About economics being boring: It is what you make of it. Personally I really enjoy it.

[Hutchoo]

Hopefully you pwn the exam I would love some help =D.

Economics being boring... ehhh i've always liked commerce based subjects.

[AzureBlue]

Economics being boring... ehhh i've always liked commerce based subjects.

"Economics boring"?! Blasphemy!

[mumakai]

Thanks for that, Mumakai.

This may be a stupid question.. but would having a job somehow help with me understanding economics?

not really, this is subject is very practical but you dont need a job to understand you just need to know the theory and whats happening in the real world, i.e. newspaper