MG207 at the London School of Economics is an introductory course in microeconomics, which covers the basics of microeconomic theory, such as consumer and producer behavior, market structures and market failures. To learn effectively for this course, consider the following tips:
Attend all lectures and tutorials: MG207 covers a lot of material in a short amount of time, so it is important to attend all lectures and tutorials to keep up with the pace of the course.
Read the textbook and class notes: Microeconomics is a theoretical subject, so it's important to have a good grasp of the underlying theory. Make sure to read the textbook and study the material covered in lectures and tutorials.
Practice, practice, practice: Microeconomics requires a lot of practice to master. Make sure to work through a variety of problems and exercises, both those provided by the course and those you find on your own.
Seek help when needed: Microeconomics can be a difficult subject to understand, so don't be afraid to seek help when you're struggling. Ask questions in class, visit your professor during office hours, or seek help from teaching assistants or tutors.
Work on your mathematical skills: Microeconomics requires a good understanding of mathematical concepts such as calculus and algebra. Make sure to brush up on your mathematical skills before the course starts.
Use the resources provided by the school: LSE offers several resources that may be useful for your microeconomics course such as the library, the economics department's website, the Maths Support Centre, and the Economics Network.
Study in a group: Form a study group with classmates. This will allow you to work through problems together and discuss difficult concepts.
Understand your weaknesses and work on them: Identify the areas where you struggle and work on them specifically.
Review before exams: Make sure to review all the material covered in the course before the exams. This will help you to retain the information and perform better on the exams.
Keep a positive attitude: Microeconomics is a challenging subject, but with a positive attitude and hard work, you can succeed.
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