Tips to score brownie points in A-level economics

 

Are you tired of everyone around you telling you that the A-level economics exam is difficult? In case you are taking the program, you must have already gotten a taste of it is tough. Nevertheless, there is no point in being scared of sitting for your upcoming exams. Instead, it is better that you follow a game plan to ace your exams. Yes, you heard it right. Today, we will take you through the best study tricks and tips given by the best economics tutor Singapore himself, to be the top scorer of your A-level exams.

 

●     Practice is the key

Most often students think that practising is only essential for technical subjects such as Maths, and Science. However, despite being a branch of social science, economics requires an equal amount of patience, perseverance, and of course practice. While you memorize the theories, you also need to work up the numerical questions and practise answer writing. This will help you establish a clear outline of what you must write in your papers and how you should do it. 

 

●     Understand how to measure economic growth and decline 

Let’s face it: on the national or global level, analyzing economic features is no cakewalk. People throw terms like GDP here and there in every sentence, but it is more intricate than what we see superficially. GDP is the acronym for Gross Domestic Product, and it represents the market value of a country’s goods and services. The IMF and World Bank are responsible for analyzing the GDP, and now and then you will hear news about economic growth or recession. So, instead of discussing the fiscal stimulus, you must devise or conceptualize your tricks to measure economic growth and decline. Take advantage of the existing concepts and mix some of your creativity into them to scrutinize the economic variables that come into play in the endless field of economic study. 

 

●     Intertwining different concepts coherently

The entire economic syllabus stands on the foundation of diverse policies. Ranging from the graphical representations to the different conceptual questions that haunt students in the exams, everything is a mix of different policies that are orchestrated for collective results. Different aspects like demand and supply, macro issues, market failures, and other demand and supply policies are related to each other in one way or the other. You must learn how to connect one theory with another and if you can’t then, opting for an economics tuition Bukit Timah can be just the perfect way to solve this issue.

 

• Establish know-how of the financial markets

Students often don’t understand that there are many factors into play when it comes to the financial markets. Market structures are complex and if you want to understand how prices are set in an economy, understanding the financial markets is crucial. Several aspects like a contingent contract, the impact of an event, and macroeconomic objectives are responsible for pointing out how financial markets work. So, address these concepts if you want to analyze the scope of economics practically. 

 

Get started with economics tuition now!

If you want to achieve transcendence in all concepts of economics with A-level economics tuition in Singapore, then you can always go for JC Economics tuition Singapore. They cover different Microeconomic topics such as cost of production, market failure, market structure, demand, supply and elasticity along with the Macroeconomics topics such as unemployment, inflation, economic growth, the balance of payment, and international trade. With JC Economics Anthony Fok you can understand economics on so many levels without any hiccups. So, did you enrol yet?