When it comes to economics, while note-taking is similar to many other social science subjects, it has his nuances, which when done correctly not only help preserve knowledge, but also deepen your understanding and connection across topics.

Including Graphs & Formulas

Firstly, one of the most important parts of note-taking in economics compared to other social sciences is the need and inclusion of graphs and formulas which are relevant to the topics you’re writing about. Economics is not just theory written in paragraphs, it’s also shown mathematically and visually. By keeping these graphs and formulas, large and embedded, in your notes, you strengthen that intuitive connection between them and the theory.

Imbedding Relevant Statistics & Examples

It is also useful to embed the same stats and trends you’re going to be using in questions and essays into the topics you’re taking notes for. Economics, especially HSC Economics constantly require real-world examples and data to strengthen your answers. When you include them in your notes, not only do you cement them into your memory, you directly link them to the situations they are used in.

Using Essay Writing and Terminology

Finally, write your notes using the same language and keywords you would use in short-answer responses and essays. Terms such as opportunity cost, aggregate demand, inflationary pressure, precautionary savings, should become part of your normal vocabulary. If your notes already sound like strong economics writing, revision becomes far more effective.

Felix Panizza