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Microeconomics Tutorials
I have a HUGE microeconomics exam on tuesday.. it's the first one of the semester. This class definitely isn't my forte and I'm having a lot of trouble answering questions. we are covering basic concepts right now.. like the 7 core principles, the determinants, supply and demand, elasticity, comparative advantage, etc..
We also have to find slopes and be able to read graphs and know what they mean.. and what data they represent adn all that.
I'm not good with this stuff and I'm sort of panicking.
So my question is, are there any websites for microeconomics where they give a question and an answer so I am able to see the answer explained fully.. that way I can better understand it. I looked online and I haven't found anything yet but my book doesn't really give example problems with the answers.
Please help! I really need to pass this with a B at least.
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Hi there,
I know Tuesday is long gone, but the odds are you could still use a little help getting into the microeconomic groove here, right? :-)
First things first: Prepping for a test in this subject, like most others, is poison if you don't have a firm grasp of the basics. Once you understand the principles, you will not often need example questions to help you understand. Wouldn't that be nice for a change? ;-)
Now, what would you say if I told you there are college level courses of video lectures and tutorials available for free to you? No I am not kidding.
Please start here:
Free-ed's free economics tutorials:
[Link](Mouse over link to see full location)
Pay attention when it says things like: "Study Introduction to Economics before attempting to take this course." They don't do that unless they mean it.
Another resource they have that I found interesting:
[Link](Mouse over link to see full location)
... there are two PDF workbooks on this page. One is a collection of microeconomic exercises, examples if you will, which might really aid you in getting up to speed.
Before I go any further, I wanted to reassure you of something important: You aren't stupid. :-)
You are in a field of study that baffles everyone who enters it. The people you see who seem to have a grasp of it right away... well, those are the people who are the most clueless of all, as they THINK they know it all. Whoa unto them as this course progresses. Because they think they know everything, they aren't bothering to learn the things you are now, which is going to leave them baffled when they are too far into the course to fix it.
More tutorials that you may find helpful:
"University of South Carolina: Economics Interactive Tutorials"
[Link](Mouse over link to see full location)
This REALLY is right up your alley:
"MSU's Problems in Microeconomics"
[Link](Mouse over link to see full location)
If you need more resources, please don't hesitate to ask.
Good luck!
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