Study Tips for Economics

By Lily and Elena

Most of our high schools will require at least 1 economics credit, or at least have some sort of economics experience for you. We both have experience in ap economics courses, however this article is focused on helping with economics courses ranging from your average business class to your AP macro and micro. However this will be more focused on the general economics side than the AP side and you can look forward to some AP econ study tips closer to AP testing. At the end of this article we’ll leave a helpful link to a Youtube channel that will save your life in AP econ. So without further ado, here are our top study tips to get you passing your economics class with flying colors. 

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Memorization 

Terminology can be an important class of your economics class. You may have to remember and be able to address many terms you wouldn’t know otherwise in the class. Each important unit you’ll most likely have to not only understand what something is, but know how it is applied in a real world setting. 

Chances are you’ll have multiple choice sections and possibly a long response part to your tests. You can use flash cards or helpful study sites like quizlet to help you get down the advanced terms you may be learning about. 

Having this information easily memorized will go a long way with how quickly and confidently you can get your tests done. If you take it unit by unit you should have no problem getting down the terms you need to know and easily applying them.

You also want to actually learn what you’re memorizing, so learn the concepts rather than just the straight words.

Ask Questions

Well for some of you this may be a given I’m sure a good few of you don’t do this, which is probably why you’re looking for help on the internet. Asking questions is a key part of being successful in any class. 

You can simply raise your hand and ask or talk to your teacher about coming in before and/or after school if that works for them. Doing this can help you go a long way in getting down the concepts you’re otherwise struggling with. 

You can also always ask friends and others who have taken the class before/are in the class with you for help. Just don’t be afraid to ask if you’re struggling with a concept! It’s the most sure way to quickly and easily figure things out instead of letting it tank your grade. 

Do Practice Problems

Economics can be either common sense for you, or the most confusing thing you’ve ever come across. If you’re one of the latter, like most people, you’ll likely want to do as many practice problems as you can.

Practicing problems, especially ones that you can get the breakdown of solving afterwards, will help you with more understanding of what economics is and how to actually figure out different problems.

The more you expose yourself to this information, the more you’ll likely be able to be receptive to the information. By learning how to do the problems and how the problems work, you’ll set yourself up to understand more of the information that gets thrown at you.

Read the textbook

Most of the time, classes will give you some sort of text book for your econ classes, and there’s likely going to be some tips in there that will help you actually understand what is going on in your class. 

This is a complicated subject, so you want to read the textbook as it’s going to give you more clarifications of what’s going on. It’ll also explain everything in a different way than your teacher, so it might end up making more sense after reading it.

Furthermore, reading the textbook is also going to expose you to the information an extra time, which is never a bad thing, especially when it’s a subject as strange as economics is.

Thanks so much for reading today’s article, and please let us know if there’s any blog posts you’d love to see from us. If you enjoyed, please leave a like and a comment down below, and if you enjoy our content, be sure to follow our blog and subscribe to our rss feed. For more content, check out our social media, which is linked down below. As always, stay safe and keep on overachieving!

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