What is the best way to study for lc economics?

Hi Sandra,

Economics has a lot of definitions so make sure that you know the commonly asked definitions

  • Major Topics  - Market Structures (Perfect, Imperfect, Monopoly, and Oligopoly)
                             - Supply & Demand
                             - Factors of Production (Land, Labour, Capital, and Enterprise)
                             - Elasticity
                             - The Economists (and their contributions to Economics) 
  • Study Early
  • Test Yourself
  • Repetition