If you are planning on learning strategy from scratch, then make sure that you have adequate time to spare for that strategy. This strategy should not only cover tests but also practical exercises. It is very important that you have the time to apply your strategy on a regular basis during the course of your university studies, otherwise you won’t stick with it.
I was once planning on taking an advanced micro macro strategy course but did not, so I took a general course. Although the overall content was quite advanced, it was easy to review and apply the material. In the second semester of college, I had taken a comprehensive strategic planning course. So my strategy plan covered all of the topics that I needed to learn during those two semesters of college. And that was all it took!
Now obviously, if you need to brush up on your strategy skills as you study for exams, the best way to do that is to learn it from scratch. But you need to prepare yourself and build a strategy that covers all of the topics that you might need to address during exams. For example, you need to take into consideration the interest of the class. The class might be keen on a particular topic, and you might be forced to revise that topic. Therefore, your strategy has to cover all of the relevant topics that you might need to address during examinations. This sounds obvious, but it’s easy to overlook.
Another example is where you have a short term goal in mind. It’s likely that you will need to cover topics such as the current political scene, the global economy, and so on. All of these are worthy topics, and one way to cover them is to develop a strategy to cover these. However, this is just a short term goal. If you have a long-term goal in mind such as becoming an economic policy expert, then it’s likely that you will need a much more detailed strategy.
So how do I develop a strategy that covers all of these topics? The answer lies in planning out your strategy in steps. I recommend starting out with a simplified version of what you hope to achieve, then building upon that initial strategy. Here’s how to write a strategy for any one of your topics in economics:
Write a simple strategy that covers all of your topics in economics. Expand on this initial plan as needed, and continue to revise it as needed. I recommend that you save all of your strategy in Microsoft Excel, because you can then review it for hours on end and track changes as they happen.
A final note: I strongly recommend using a financial advisor to help you with your strategy planning. While you may be able to take care of many of these issues by yourself, I’ve found that the experienced guidance provided by these advisors can really help. In my experience, most advisors will develop an individualized strategy suited to their clients, allowing you to take my exam for me in a timely manner. In conclusion, a thorough strategy is the key to success when it comes to answering the questions that will determine if you pass your Econometrics test.
