Subject Specific Revision: How to Pass Your Business and Economics Classes

By: Renad

Given the current situation we’re in almost all of us are taking online classes whether in school or college. Most of us are struggling with tackling our classes so I’m here to help those of you who are taking economics and business classes. I’ll start by giving you some general study tips to help you manage studying because I know at this time, we’re all extremely demotivated. 

  1. Don’t pressure yourself 

Yes, we are all staying home, and we have nothing major to do but that doesn’t mean we can be extremely productive and get everything done, we’re all going through tough times giving the unlikely situation we’re in. We’re all stressed even if we don’t notice so its okay if you can’t get everything done. Just make sure to minimize your goals for the day because not getting everything done will just stress you out even more. 

  1. Set a time and place 

We all get productive during different times of the day, some of us can focus better in the morning and some of us prefer getting things done at night when everything is calm and quiet. Figure out the suitable time for you to study and make sure the space you’re studying in is comfortable for you but not too comfortable that you end up falling asleep or wasting time since being at home can cause you to get distracted. 

  1. Stay on top of things 

With online classes we’re not as restricted with time and deadlines but you should focus on staying on top of things because slacking will do nothing but stress you out even more in the long run. Take out a pen and paper and write down everything you’re expected to study or get done then start dividing them and plan out your to-do list for the day.

Now, let’s get into details. Subjects like economics and business can be easy once you understand what you need to do exactly. These two subjects revolve around knowledge and solving. You’re not going to get the hang of it unless you solve whether multiple choice questions or case studies. So, here is what you need to do; 

  1. Knowledge, Analysis, Application and Evaluation 

These are the 4 main things you should know how to do to make these two subjects simple and easy to study. Knowledge is pretty self-explanatory; you just need to know the information needed and I’ll tell you how to do that in a bit. Analysis is basically completely understanding the question or case study given to you. Read the question very carefully and analyze everything in your question or case study. Application comes after you’ve analyzed the question and you start solving. Apply your knowledge to the situation you’re given in the case study in complete details. Evaluation comes last which is identifying the best course of action for the situation and explaining it in detail. 

  1. Simplify your notes

If you’re taking economics or business classes your textbook is probably huge, and while everything in the textbook is beneficial when you’re getting introduced to the information at the beginning of your semester, later on these huge textbooks will do nothing but annoy you while studying. What I recommend is to gather all the important things you should know like policies or formulas from the textbook and write them down in your notebook. This way you’ll be retaining the information and making it easier to find this one piece of information you’re looking for when solving a question or having a quick revision session. 

  1. Don’t move on if you don’t understand

Economics and business are cumulative subjects so if you don’t understand a certain policy it will hunt you down later on. The second you finish a certain section and you’re positive that you understand it, go over it again until you grasp it. You can contact a friend, teacher or professor for help, and you can get back to that huge textbook as it will have all the details which will most probably help you understand quite well. 

  1. Focus on reading 

Reading case studies, reading the material in your textbook and reading news articles related to business and economics will be of great benefit. Most of these sources will be applying policies you’re studying to real life situations which will help you understand. The more you read the more the material you’re studying will be common sense to you. You’ll know how to solve and apply in your case studies. 

  1. Don’t skip online classes

I know most of us attend the online class but we just mute and go back to sleep. Please don’t do that no matter how tempting it is. You can’t afford to miss classes in cumulative subjects as later on you’ll be spending triple the time to understand something that you may find very simple if you just attend the class and actually focus in it. 

  1. Online study groups 

I know study groups can be very distracting sometimes but for these two subjects they can be very beneficial if you can actually focus on studying. Discussing the content you’re studying with your classmates and comparing notes and points of view will help you understand different policies and courses of action which will definitely help you when answering essay questions. 

  1. Past papers and model answers 

Past papers and model answers will be your best friend before you start solving. Go through past papers to understand how the questions will be asked so you can tailor the way you answer the questions whether multiple choice questions or essay questions to fulfill all the specifications needed. Reading model answers for essay questions will also help you understand how to answer your question as you’ll get a good idea of the perfect format for your essay. 

Please don’t put too much pressure on yourself, we’re all struggling and we’re all not in the right headspace to be productive. Just manage your time and try your best to stay on top of everything. Stay home & stay safe loves! 

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