Consistent efforts are required in the last 60 days to crack the economics exam. A thorough and exhaustive planning is required to achieve success in the Boards.
Here are few tips that will help you maximise your score.
Prepare an exhaustive academic calendar: Go through the syllabus well and allocate time for important chapters which carry more weightage. Also specify the content that will be covered during these study hours.
Make notes: Prepare effective notes of terms, definitions and important points chapter wise which will suffice for final revision.
Evaluate comprehension of the topic: Comprehend the relationships between different economic variables with the help of a schedule and a diagram. Learn the conditions of consumer’s equilibrium as per utility approach and indifference curve approach and also of producer’s equilibrium. Evaluate your understanding by doing exercises. It will strengthen your learning process.
Practice diagrams: Practice diagrams and illustrations after reading each topic to avoid wasting time, prepare new illustrations at the time of examination. Diagrams should be supported by appropriate headings and arrow marks. For example, illustration and diagrams showing relationship between AC and MC, AP and MP, AR and MR should be learnt by heart.
Practice numericals: Numerical problems of 15-20 marks are an important component of the economics exam. Prepare a list of formulas for quick reference before the examination. Practice national income accounting numerical of the three methods of measuring national income ie value added, income and expenditure method. Also practice numericals on cost, product, revenue, producer’s equilibrium and theory of income, output and employment.
Attempt sample papers and practice questions: High-order-thinking-skills questions are tough if you don’t understand them. So, practice questions from various books. Revise from past papers as it is best to familiarise yourself with the format of the exam so that you can complete your paper in three hours.
Avoid common errors made by students while attempting the economics paper such as not writing the formulae while attempting numericals and writing incomplete definitions. For eg, while stating law of demand students usually forget to write ‘keeping other factors constant’.
Group study: This keeps you updated on any changes in syllabus or questions that may be available in different sample papers.
Do not get stressed and get enough sleep: Avoid negative interactions with your peers. Stay motivated and aim for excellent results.
(The author is HOD, economics, Studymate)