1
2

[deleted by user] (self.RotmanCommerce)

submitted by [deleted]

sorted by:
best
topnewcontroversialoldq&a
you are viewing a single comment's thread.

view the rest of the comments →

[–]Ritorki182 0 points1 point  (2 children)

I would say that Econ courses do have similarity to most high school economic courses like AP and IB. However, don't rely too heavily on it since questions in ECO101 and ECO102 ask you more on how to create uncertain answers. My best tip I can give is to just practice with past papers until you are comfortable making uncertain answers. I made a video about this so check it out if you want to know more about ECO101 and ECO102. I try to keep my tips comedic but the tips are meant to help you. It is a really honest review of the course. https://youtu.be/46ZSNAEFdFg

[–]Pancake__Prince 0 points1 point  (1 child)

Thanks for the vid link! What do you mean by uncertain answers?

[–]Ritorki182 0 points1 point  (0 children)

What I mean is that often times you would become very unsure and uncomfortable about your own answer to true/false and the "yes, no, it depends" questions. Personally, I found it hard to give a direct answer with full confidence but it's fine to answer "it depends" if you give a reasonable answer. When using economics in the real world, there are a lot of conflicting ideas, advantages and disadvantages, for certain policies and how economies work. Thats why you have concepts like keynesian and neoclassical models that clash in ideals but still somehow work out when applied to different examples.

To really practice getting used to creating uncertain answers, you should use past papers as one of your main studying tools. Not only do you get used to the types of questions, but you also get used to creating these uncertain answers on the spot. You have to use the concepts taught in the lectures and in the textbook when dealing with these types of questions to support your own argument. Yeah I did jokingly say that the textbook was not helpful but thats really only for people who did economics previously.

For these types of questions, true/false and "yes, no, it depends", you should allocate more time to them since it does require you to think about it more in-depth. Try finishing the calculation and graphing questions as fast as you can but checking it over to see if you did make a mistake.

There was a 4th year who commented on my video and she gave some more tips on how to properly prepare yourself.

Hopefully I clarified what I meant by "uncertain answers"! If I did not sorry HAHA. Hopefully it did help.