<p>I'm taking this junior level econ class as one of my electives. It's about investment banking, FED, housing market, etc. Good thing is, I can take it p/f. Bad thing... I've missed around 1/2 the classes so far. Basically, I'm so busy with my engineering courses and research that I have neglected this class completely.</p>
<p>We only had a quiz and 1 homework so far, and I'm pretty sure I bombed both. I got a homework due tomorrow that I'm ignoring completely due to exams in reaction engineering and polymer science the next day. We get to drop 1 homework from our grade, so I'm using my free pass on this one. </p>
<p>I have not taken any econ classes since high school. These concepts are mostly new to me. Does anyone have any advice as to the best thing I can do to pass this course (eg. C- or better)?</p>
<p>Drop it. How did you get into a high level econ without preqs? You should go to class, and apply yourself. If it was not understanding thats one thing, but you aren’t even putting effort in.</p>
<p>I can’t drop it. I’m out of drops</p>
<p>I took AP exams in micro and macro</p>
<p>Going to class from now on is a given. But I would like to know if there are any study strategies specific to econ that can help me pass it with minimal effort. I know I sound like a grade whore, but I have completely underestimated my course load this semester. If given the opportunity, I would happily learn this stuff diligently because it helps me raise awareness on the economy. But for now that’s out of the question.</p>
<p>Talk to your professor. Worst case scenario you bomb the class and take it again.</p>
<p>Econ builds a lot on itself. Get out your AP micro and/or macro books (I don’t know which concentration you’re taking.) If you don’t understand things, go back to the beginning of your notes, a lot of it builds and a lot of it is math. You’re an engineering major, so that shouldn’t be super awful, but the math is used in a unique way. Good luck.</p>
<p>Like the previous person said go back and review the stuff from AP. To catch up, I would focus on basic supply and demand (for interest and foreign exchange rate determination), information economics (adverse selection, moral hazard), and monetary policy (supply of money, discount rate, federal funds rate, open market operations).</p>
<p>A course like the one you described will be focusing on these things and with some review, they aren’t too difficult to understand at a basic level. There shouldn’t be much math other than some algebra for stuff like finding yield to maturity.</p>
<p>the supply and demand curves and their intersection at the price level, and how external influences shifts these curves is about the only thing I remember from micro/macro. I actually learned nothing from macro, because of HS senioritis. It will be a miracle if I can find those notes again.</p>
<p>the math is cake. It’s the memorization part and classifying terms into different sects. Some of these things sound so similar to each other I can’t tell the difference. I can’t think of any examples right now because I don’t know anything! Better get to studying…</p>
<p>the TA is sick and has asked me to take the test on Monday! Hallelujah!!</p>