For example:
02 - Intro to Econ: Memorize most of the models, especially these:
a) LRAC/SRAC
b) Short Run/Long Run Cost Function
c) All the IS/LM models
d) Consumer demand
e) PPF
f) Labour Supply
g) Consumer choice
h) Elasticity Formula/Model
This is a good one :D , It's safer to include chapter 6 as well . If you have noticed there were no questions (at least in zone A ) from Ch 5 at all ! this was an indication for us to study ch 6 and 7 as well . As future papers would definitely consist questions from these chapters .
ReplyDeleteAgreed...thank you for your contributions and comment :D But I noticed Dr. Witzum keeps emphasizing model recognition, model recognition, model recognition, in other words he kept emphasizing model recognition LOL he said by matching models (from the Study Guide) that's 50 marks :D
ReplyDeleteYes ! model recognition is a m.u.s.t..!! this is definetly the first step....then comes the daunting part - incorporating the question's scenerio into the model ! ...haha , it obviously requires a bit of practice , espcially regarding ISLM model . I found ch 14 the most time consuming and requires most practice .
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