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LightOfTheSeven

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I've kind of become disillusioned with history at the moment. Maybe its just a phase that I'll knock out of, but I thought about enrolling in ECON110 or ECON111 to give economics a go. Do these units assume a certain level of mathematical skills? I'm okay with maths, but I haven't touched on it in years.

I'm interested in how economics influences political and policy decisions. "Political Economy" seems to be a bit too much Sociology based for my liking. I consider myself to be someone who whilst has strong opinions, tries to at least logically back them up with evidence.

Any advice when approaching ECON units?
 

BLIT2014

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I've kind of become disillusioned with history at the moment. Maybe its just a phase that I'll knock out of, but I thought about enrolling in ECON110 or ECON111 to give economics a go. Do these units assume a certain level of mathematical skills? I'm okay with maths, but I haven't touched on it in years.

I'm interested in how economics influences political and policy decisions. "Political Economy" seems to be a bit too much Sociology based for my liking. I consider myself to be someone who whilst has strong opinions, tries to at least logically back them up with evidence.

Any advice when approaching ECON units?
ECON111 you should be fine mathematically, the texbook can explain the concept fairly well, and PAL is avaliable so you can go to that.
ECON110 I have yet to do it so I can't help.
 

ProdigyInspired

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Anyone doing ACCG250 can show me where they tell us there's no tutorial week 1? I only found out by going there and being confused for 10 mins, then looking up the actual full timetable that there's only lectures this week.

Checked the forums and main page. there wasn't anything.

ECON110 is pretty different from ECON111. Depends on the lecturer though. ECON111 is definitely more mathematic, but like ECON111, it's only a tool that's used to describe it and translate the theory into a more quantifiable way for students to be tested on. The maths that's present is probably like 2Unit minimum, I would suggest that the theory is much more important to understand in order to realise why the math works.

I did a review on ECON111 and I'll just say it here, if you've done coordinate geometry you'll find it easier, as how the graphs move and change are loosely based on how coordinate geometry is taught.
 

BLIT2014

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@ProdigyInspired I reckon it probably shows up on e-student that you don't have a tutorial on the first week, and that they assumed people would check that.
 

Orwell

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Trying to get into the swing of things but not much work has been assigned to us.

Could I opt to read material so as to get a headstart?
 

BLIT2014

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Trying to get into the swing of things but not much work has been assigned to us.

Could I opt to read material so as to get a headstart?
Have a look at the unit guides. They may tell you the expected readings.
 

LightOfTheSeven

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Snowflek, I wish you alot of encouragement in your studies! First days go like a whirlwind, but you'll get through your first week. Any problems, you can always talk to someone about it.

I'm 2nd year, thinking of transferring into a new degree and I just took the 'introductory' subject for a B. Social Science, and I am so jaded and unmotivated. I'm asking myself questions- 'should i transfer? is social sciences just an arts degree with a boring research componant? are the supposed enhanced employment prospects really worth it?' but I'm just tiring myself out. I had a bad experience in my tut today, and so did many people in my class. Why is the sociology department at Mq... like that. I know, I'm supposed to stick it out and put up with it but that just makes me more angry.

Bad days happen- but you recover. You'll move on. Good luck- you are more prepared than you know.
 

Zoinked

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I've kind of become disillusioned with history at the moment. Maybe its just a phase that I'll knock out of, but I thought about enrolling in ECON110 or ECON111 to give economics a go. Do these units assume a certain level of mathematical skills? I'm okay with maths, but I haven't touched on it in years.

I'm interested in how economics influences political and policy decisions. "Political Economy" seems to be a bit too much Sociology based for my liking. I consider myself to be someone who whilst has strong opinions, tries to at least logically back them up with evidence.

Any advice when approaching ECON units?
If you are more interested with policy, I would suggest enrolling in econ110 over 111. Econ111 is microeconomics and is thus concerned with small scale things like individual firm actions or a market for just one product.

Econ110 is about the whole economy and is about interest rates, monetary policy and large scale things that definitely influence the government and their responses more.
 

crazy_paki123

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It definitely depends on the person. I loved Econ111 (got 83 woth minimal effort) but hates Econ110 ( got 68 woth prob more effort). It depends on the tutor too imo. My tutor for 111 was much better than the 110 tutor. In terms of maths I thought 110 had more? Could be wrong did it ages ago
 

mrstripedshades

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As someone that did both last year. I personally preferred Micro way more.

Micro had all of its lectures online, and I essentially crammed with Prashans. I got a good HD for Micro, my first one at uni. I got a D for Macro but that was my most minimal effort subject, I honestly probably failed the exam or just passed it, that subject I had legit next to no revision. I had nearly 100% in my assignments, which I found piss easy.


For me, one of them was a RBA group assignment report about the rba rate or whatever. Our presentation and even report wasnt perfect but EVERYONE got 100% even the guy who didnt talk whatsoever, whether that was about the tutor or what I dont know. The other one was meant to be an interview which they actually wanted you to conduct on someone regarding some economic situation. I just did it on the pricing market and used an older friends name and answered what hes told me before in conversations.



Econ111 made me disinterested, jefferey sheen to me wasnt a good lecturer. He went on about minimal details that had no relevance to the course structure or what is examined (which is realistically what most students care about, especially if its a compulsory unit). The maths component was much more in it, as in there were several equations. you could easily opt to choose to do theory questions instead in the final though.


Econ110 math is general maths level or even like year 8 or something. its literally just shapes
 

BenHowe

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the maths was very very basic and I've found tutors/lecturers are very hit and miss in non-actuarial. If you're doing 111 get prashan if you're doing 110 read the textbook. I legit don't know why they had a lecture with 100 slides that the lecturer did in 48 min...
 

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