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diff --git a/studies/subjects/economics.md b/studies/subjects/economics.md new file mode 100644 index 0000000..f464900 --- /dev/null +++ b/studies/subjects/economics.md @@ -0,0 +1,87 @@ +--- +title: Economics +date: May 2025 +--- +``` +Written by Ellie Trace Class of 2025 +``` + +## Choosing Modules + +Your success and grade outcome in Econ very much so does come down to +what modules you take. If I were to split them up into categories it’d +be Proof-y Modules, Model-y Modules and Literature-y Modules. +Proof-y Modules (like Econometrics and Advanced Econometrics) are +super maths heavy and require a very in depth understanding of a lot +of complicated mathematical concepts. All of your sub-honours modules +I would put into the Model-y Modules category. Essentially going over +diagrams, formulae and concepts designed by other economists and +using/explaining them in different situations. Literature-y modules +(Like Monetary & Financial History or Topics in Economic History) are +ones where you focus more on the history and write essays based off a +few concepts and a fair bit of independent research. You have to +figure out which parts of the subject you like best and succeed the +most in with the coursework. These also simultaneously probably line +up with what you enjoy studying the most. I always tended to go for +anything between the Literature-y and Model-y modules (European +Macroeconomics is a great example of this) because I really liked +doing more practical coursework rather than class tests but wanted to +do something slightly more engaging than essay writing. The finance +modules are definitely challenging but the lecturers are some of +the best in the department and the coursework is super fun and +real-life useful so if you’re willing to sit through a little bit +more maths than usual they’re a great option too! + +# Coursework +Dear God, just go to the office hours. Invent questions if you must. +The difference it makes to your grades is monumental. Also modules are +way more fun and interesting if you know your lecturers a little +better. If lecturers recognise you and know you are committed and +trying they are way more likely to look at your coursework with a kind +eye or give you a nudge in the right direction for class tests. + +Group Projects in Econ are always a pain, risking a random person in +your group can be massively stressful. Always make sure to go and +clarify in the office hours specifically what the lecturer is looking +for and that will help you focus your work much more and can help +solve any disputes. + +## Exams + +Econ can be weirdly protective of Past Papers so chatting through +them with the lecturer is always a great shout. Also asking them to +mark your answers to past papers is really important because all the +lecturers have different marking styles and priorities. If you've read +widely beyond the module try and bring in some other sources/context +too and that can really help sell that you know what you’re talking +about in the exam room. Most exam questions tend to be here’s this +model or concept that we talked about in class, explaining what it +means in this context we haven't talked about. These are really just +trying to see that you understand the model or concept more than just +surface level so make sure when you’re studying you’re not just +learning what is said in a lecturer but how it all works and what that +means. + +## Enjoying it + +Study the stuff you like, avoid the stuff you don't. And definitely +don't just pick modules because your friends are there. Look at the +lecturers and examination structure to make sure you're building your +degree in a way that works for you. The St Andrews Econ degree gives +you far more practical skills than many other Econ degree so make the +most of it, a lot of it is actually really useful when you go into +work! + +## Onwards + +A lot of Econ students are very career focussed, I would seriously +consider keeping on top of applying for spring weeks start of year +two, internships year three and all that. The more experience you have +the better --- and sometimes you end up with an offer in second year +that you convert all the way to a grad job. Don't stress if people +around you do have offers and you don’t yet though, I think I applied +to 80 internships and only actually interviewed with 3 but the one I +got was a great fit in the end. Similarly, I know incredibly well +qualified people who didn't get any internships but who got great grad +jobs in the end. It’s always worth putting your hat in the ring as +many times as you can though. |
