How to Succeed in an Economics Class

So, you are taking economics. This course may seem like a curse to you, but unlike many subjects you were undoubtedly required to take during your academic career, economics is actually a practical course.

Whether you are a consumer ready to buy a brand new pair of jeans or a business owner who needs to decide how much to charge for your product. Economics is a great concepts course that will be beneficial to anyone in any walk of life. So, here are some tips to make sure you get the most out of this course and succeed as well.   

Things to do before class begins:

Have all the supplies you need to succeed

 Always, always, always have at least two writing utensils in case one breaks, runs out of ink etc. Always have a sturdy, reliable notebook to keep clean and accurate notes. A ruler may be good to have if your instructor plans on drawing a great deal of graphs. You want your work to be as clean and concise as possible. A folder may be a good investment if your notebook does not have pockets. The worst feeling can come over you if you need an important handout to study the night before a quiz, and suddenly realize you lost it because you did not have an organized place to keep it. Your instructor should go over everything else you will need during your first class. Make sure to get anything he or she recommends that day as well.

Arrive with time enough to get a good seat

Especially if you have trouble seeing the board, you need to make sure you get a seat near the front of the class so you have as much opportunity as anyone else to see exactly what your instructor is doing. Economics includes graphs and to understand those you of course need to be able to see them.

Study your notes from the previous class

Even if you do not have a quiz or a test looming, it is important to study your notes before and after each class. Many students take several classes during a given semester. In order to retain the information you learned in your economics, it really helps to briefly review this information while it is fresh in your brain after class and then when it is not so fresh right before class. Trust me this really helps. Plus, if you happen to have a surprise pop quiz, you will be much more prepared than you would have been if you did not review concepts before and after class.

Things to do during class:

Make sure you take great notes

Most of any course is retention for exams or quizzes. The best way to be able to retain the large amount of information you will likely receive in your economics class is to take great notes. A general rule is that if the instructor is taking the time to go over the concept in detail you will see it again on the test. So, make sure you are attentively taking notes. You may know what is going on in class at the time but two weeks later when you have covered four other topics, some concepts can become faint in your mind. If you have detailed notes, all you have to do to refresh yourself is to take a look at what you wrote that day. Your retention then is only as good as the notes you kept on that day.

Focus and listen carefully

Sometimes it can be hard to focus on supply and demand at eight in the morning after a big break up occurred the night before, but try your best. If your mind is somewhere else, it would be hard for anyone to understand even simple concepts, let alone economic ones. So, if you are tired, drink some coffee. If you are upset, do your best to focus on the lesson instead of the sad issue. Focusing will help you to understand the concepts better and take better notes.

Don’t be afraid to ask questions

Remember no question is dumb. Everyone, even your instructor, was once a student. Asking questions helps you to clear up any concepts you do not understand before the instructor moves on to another concept and you never fully get all of the material. If you are afraid of what your classmates might think if you ask a question, remember two things. First, they likely had a similar question and did not ask because of shyness and two after school is completed, you will likely never see many of these people again in your lifetime.

Things to do after class:

Study your notes

As mentioned in a previous section, studying notes both before and after class, will help you to retain the daily class information much more efficiently.

Speak with other classmates about the concepts

If you have a  friend you can just talk to about the concept, this can help you really lock in the knowledge. For example, if you explain what you think the concept entails to another person, this practices help solidify the concept in your own mind. Isn’t it crazy how that works? Try it and you will see how well it works.

Read all outside articles and do all assignments given by your instructor

If you do not do the assignments, it makes keeping up with the rest of the class very difficult. Skipping homework will put you at a distinct disadvantage because while others are applying the concepts they studying, you will still be struggling to get up to their speed.

Economics is a very practical and interesting course. That is why it is important to get the most out of it. Following the listed steps before, during, and after class, should help you to succeed even if you have very little knowledge of economic concepts going into the course.