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Hello all,

 

Let me start off by saying that I am a horrible economics student and I simply don't understand the subject at all. With that being said, we have just recently started out macroeconomics IA. I found an article and had it approved by my teacher but I really don't know how I should set about analyzing it.

Can anyone read over the article and give me suggestions on what to talk about, what diagrams to draw, what part of macroeconomics this fits into, etc. 

 

http://www.reuters.com/article/2014/05/08/colombia-cenbank-idUSL2N0NU1YR20140508

 

I'll really appreciate the help

 

Thanks.

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Econ IAs are definitely difficult, but I don't think you'll be able to get an answer to a question like yours here. If somebody were to tell you what to write, that would be considered academically dishonest (plagiarism in short). I'm sorry but I'm pretty sure other people, including your teachers, would agree with me  :sadnod:

 

I think the best advice you could get would be to look through your notes or your textbook and see if you can find the topics this article deals with. Then read that section and get started. If you don't understand at all, you should probably talk to your teacher or check out Khan Academy, they have some helpful videos on macroeconomics.

 

Good luck with your IA

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Hello all,

 

Let me start off by saying that I am a horrible economics student and I simply don't understand the subject at all. With that being said, we have just recently started out macroeconomics IA. I found an article and had it approved by my teacher but I really don't know how I should set about analyzing it.

Can anyone read over the article and give me suggestions on what to talk about, what diagrams to draw, what part of macroeconomics this fits into, etc. 

 

http://www.reuters.com/article/2014/05/08/colombia-cenbank-idUSL2N0NU1YR20140508

 

I'll really appreciate the help

 

Thanks.

 

Okay here's a really good thing you can do - google terms found in the article! 

 

For example, Expansionary monetary policy, inflation, foreign direct investment. Read about these terms in your textbook too. That should give you a good idea of how to proceed. 

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I haven't started my IA for eco but if it makes you feel any better, I too am completely not grasping economics. It's the only subject I cannot understand, no matter what. I find it so frustrating while studying, and I've tried getting tutors and teachers for help but it's no use - its like my brain is just not adapted to understand economics. Normally I have a good memory, but nothing clicks when I try and study eco and I forget everything the next day.

 

Sigh I don't know if it is because I am an overthinker or what... 

My plan now is to just rote learn 

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I haven't started my IA for eco but if it makes you feel any better, I too am completely not grasping economics. It's the only subject I cannot understand, no matter what. I find it so frustrating while studying, and I've tried getting tutors and teachers for help but it's no use - its like my brain is just not adapted to understand economics. Normally I have a good memory, but nothing clicks when I try and study eco and I forget everything the next day.

 

Sigh I don't know if it is because I am an overthinker or what... 

My plan now is to just rote learn 

 

Looks like you are trying to memorise things. That isn't really the way to go with economics. Think of it as more logical then anything. Start by just perhaps thinking about demand and supply and working out for eg if the income of consumers increases, what would that do to the market for cars.... hmmm if I had more money, I might actually buy a car, or other 'stuff' even. I know you might say "well i dont want to buy a car" but try thinking more like that and it might make more sense. 

 

Try making it more practical and related to everyday life. Get another friend and have a study session or something. Maybe it'll be more fun. 

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