Economy, asked by sakshi16062004, 1 year ago

how to learn evonmics chapters easier

Answers

Answered by tanu3199
2
I personally am mostly self-taught, and I think it depends on what you’re really wanting to learn about economics. Are you wanting to learn about all of the status quo theories like Mises and Keynes? Or are you wanting to learn in-depth, and understand the assumptions that are made to make such theories remotely valid?

When I set out to learn about economics my goal was to find out the truth about why so many people were struggling for things so basic as housing. At the time I was facing losing my home and my question at the time was “what would I be willing to do to keep the house”. Answer: just about anything. That led to the question “what would ANYONE facing that situation do to save their home, especially if they have a family to support”. I started asking a ton of questions starting with “why”. Why are so many struggling? Why can’t companies hire? Where do they get their money? How does money get into circulation? Why is the US even $1 in debt, when we’re supposed to be sovereign? If there’s not enough money in circulation, where does it come from? Who makes it? Etc… What IS money in the first place? Are there alternatives? I say let the questions lead your study efforts, but I say also that it’s not enough to know what happens to money already in circulation. Knowing the full monetary lifecycle, the real one, is important because it answers so many typically unanswerable questions.

I’ve watched a ton of videos, read a ton of articles, read a ton of books, and still read. I take every person’s challenge against what I believe about things at the time, and research their opinions and ask questions about them along the way as well. I never assume I know everything and am always open to being proven wrong. So far I’ve been proven wrong only on small details. On the bigger picture so far no one has been able to bring any kind of proof to refute what I’ve learned, which feels good of course (knowing I really do understand things) and bad too (knowing that most people have been misled by “economists” and their writings).

Observation goes a long way. Standard economics courses almost expect that students won’t pay attention to the real system’s performance. Also, there are many who will criticize you as they have me that you’re self-taught, but I think self-taught is an advantage rather than a disadvantage. Self-teaching gives you the reigns. You can ask any question you’d like, and research in any direction you’d like.

Answered by mannu9665
0
for learning economics chapters easier you you would understand all concepts and make Mind Map
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