>>For, you know, major majors, I'd say economics, because the terms can all be defined in so many ways, and everything's so vague, that you can just not recognize something from a definition that someone took straight from a textbook.<< I'm not an econ major, but I did take a good intro macro/micro course, and even that is enough for me to notice that bad economics questions are quite the rage even in current packets. I'll take this opprotunity to offer a couple of tips on writing econ: 1) Any tossup that mentions the Nobel Prize in Economics is automatically bad. Avoid biography questions on economists. Avoid biography questions on economists. AVOID BIOGRAPHY QUESTIONS ON ECONOMISTS. In fact, avoid questions on economists, even if they do mention their contributions to the field. Treat economics like a science, whether you think it is one or not--write about universal concepts, not people bound to one area of history. Economics history, like science history, belongs in general knowledge. 2) Stocks and finance terms are not economics. One could get a doctorate in econ without ever caring to learn about arbitrage, derivative stocks, or the SEC. 3) The following answers are asked way too often: stagflation, oligopoly, anything to do with Pareto, Coase theorem, all weird theories developed by Soviet economists. 4) Do not start tossups on "monopolistic competition" with "This market structure which is slightly different from perfect competition..." You know who you are. Some more in-depth comments from the actual econ majors out there would be appreciated. --M.W.
This archive was generated by hypermail 2.4.0: Sat 12 Feb 2022 12:30:44 AM EST EST