Students should review parts of the course in ‘chunks’ throughout the year. For example, you should spend some time reviewing those parts of the course relating to Introductory concepts, such as scarcity, opportunity cost, efficiency, etc. This could be achieved by summarising your class notes/texts and supplementing this by reading through the course notes section of this website. Once you feel comfortable with the content, you should proceed to the Test Yourself section of the site and complete the multiple choice and short answer questions relating to that part of the course being reviewed. Each of the interactive questions uploaded onto this site have been designed with two important things in mind:
- They are designed to provide you with feedback on your progress in economics. If you find that you consistently failed to achieve full marks in the tests, it indicates that more work or revision is required on your part if you are determined to excel in your assessment tasks and end of year examination. In this respect, the questions on the site are an example of Assessment of Learning.
- The questions are also designed to challenge your thinking or understanding of the course and cause you to reflect further on key economic relationships. Each of the multiple choice questions come with explanations for the answers that should help you to consolidate your knowledge of economics. In addition, the short answer questions (with fill the gaps for answers) are examples of actual test/exam questions that come with model A+ answers. In this respect, the questions on the site are an example of Assessment for Learning.
Once you have progressively completed all of the activities within the 15 broad topic areas, you should enter the Course Revision area of the Test Yourself section of the site and systematically complete the hundreds of questions that stem from various parts of your economics course. Note that these questions are NOT repeats of those appearing in earlier parts of the Test Yourself section of the site and will therefore provide many additional hours of valuable assessment and learning.
Throughout the year, there will also be a number of other interactive activities or exercises based on contemporary events that are designed to assist students apply their knowledge to real world events. You should attempt to do these as you progress through the course and perhaps refresh your memory of some of the key issues as your exam approaches. These additional activities can be accessed in the Contemporary activities pages within the Test Yourself section of the site.
All of the activities and core notes are categorised into each of the following topic areas:
- Introductory concepts
- Market mechanism
- Elasticities
- Market structures
- Market failures
- Macro economic activity/eco growth
- Inflation
- Employment & unemployment
- External Stability
- Income distribution
- Factors affecting economy
- Fiscal/Budgetary policy
- Monetary Policy
- Aggregate Supply Policies
- The Policy Mix
- Course revision
Test yourself
Quick Navigation
Course notes quick navigation
1 Introductory concepts 2 Market mechanism 3 Elasticities 4 Market structures 5 Market failures 6 Macro economic activity/eco growth 7 Inflation 8 Employment & unemployment 9 External Stability 10 Income distribution 11.Factors affecting economy 12 Fiscal/Budgetary policy 13 Monetary Policy 14 Aggregate Supply Policies 15 The Policy Mix
