Economics Information for Complete Beginners

economists, job, purpose of economics

Marginal Analysis - Thinking at the Margin

This article discusses the basic assumptions of any Economics 101 or 'Economics Principles' course.

Economics in a Business School vs. Economics in an Econ Department - Is There a Difference?

An article that discusses how to take economics notes from your economics textbook.

The best way to be ready for your economics exams is to take good notes of your economics lectures and your readings. This article focuses on lectures. If you follow the dos and don'ts in this article you will be well on your way to understanding the class material and having a great set of notes to study from!

So you've enrolled in Economics? Great! Economics is an excellent way to impact of developments in business, society and the world economy. You can get an interesting job with a major in Economics but you can also use the knowledge and skills you gain in an Economics class in other areas of study. Either way - you should try and get the most you can out of your economics class. Follow these tips and strategies and you will!

An article on interest rates for beginners which answers the question: What is Inflation?

Economics has many subfields, depending on how finely you wish to divided the science. A useful classification system is provided by The Journal of Economic Literature.

There's not a lot of resources out there for the absolute newcomer to economics. To help those of you out, I've decided to create the "Economics for Beginners FAQ". This should help you answer your questions about economics!

Article answers the question: "While a high unemployment rate indicates an economy in distress, is a 0% rate really ideal for a country? I realize that a tiny percentage of unemployed is inevitable but let's say a country could attain a 0% unemployment rate. Would it?"

Article answers the questions: "What do you learn in a real analysis course? Why is taking a real analysis course helpful if you’re planning to do graduate work in economics."

Articles answers the question "I've heard though that the unemployment rate is a bad measure of how many people have jobs because there are so many people not counted in the statistic. Is it true that only 60% of Americans have jobs right now? Wasn't this figure over 80% 25 years ago?"

Want to learn more about economics? With the 64 Economics Related Facts you will be sent a short economics related fact into your inbox every morning. Impress your friends and win points in arguments with your new found economics knowledge.

Econometrics is the most difficult course for Economics majors. These tips should help you triumph over your Econometrics test. If you can ace Econometrics, you can pass any Economics course.

Here are four ground rules everyone should consider first when deciding to borrow money.