How I Prepare to take a Test Essay Example | Topics and Well Written Essays - 500 words

How I Prepare to take a Test - Essay Example After that, I compare with my notes and the class textbook contents. In the case of any mistakes or omissions, I rectify and transfer the new content to another blank notebook. Here, I also arrange the content according to topics or subtopics with clearly-labeled headings. In addition, I write personal clues on how to interpret the material alongside the content.Finally, I study actively at least one week before the real test. At this stage, I rely mostly on the major concepts I had written the previous week. Here, I read a number of before doing personal evaluation. Next, I evaluate myself by trying to analyze how much I can remember. I do it by writing brief content, mostly short phrases, which provide me with clues of the required content. Since most tests require the understanding of facts rather than memorization of content, I usually go through revision questions at the end of every chapter. In addition, I go through the test questions that have been done by previous groups of learners.Improving My Test-Taking PreparationsThe major challenge I experience while preparing for a test is time. I start my preparations at least three weeks early. Since it is difficult to master all the content within a short period, the three-week strategy affects my performances on some tests. However, if I start preparing earlier than that, I can improve my performance. In this case, if I focus on mastering the content right after every lesson, I can reduce my workload. In most cases, I skip some content because of limited time.

Economics graphs Statistics Project Example | Topics and Well Written Essays - 1250 words

Economics graphs - Statistics Project Example A shift in the demand curve for a good is brought about by various factors such as income, population, price of a substitute or complement, consumer taste or preference and expectation among others. A change in any of these factors would lead to a rightward or leftward shift in the demand curve depending on the direction of the change (Begg, Fischer & Dornbusch). For instance, an increase in the income of consumers causes a corresponding increase in the demand for normal good A, with price level remaining the same. Given Graph 2, demand curve D1 would shift rightward to D2 in view of the increase in income. On the other hand, D1 would shift leftward to D3 should there be a decrease in the income of consumers. Similarly, the supply curve shifts leftward or rightward depending on the change in factors such as technology or productivity and price of raw materials. For example, as illustrated in Graph 3 below, a decrease in the price of flour, which is the main ingredient of bread, would cause the bread supply S1 to shift rightward to S2. On the contrary, an increase in the price of flour would result in a leftward shift of S1 to S3. The absolute value of the answer to the above equation would indicate how a percentage change in the price would affect the quantity demanded. Demand is considered elastic if the computed elasticity is greater than 1. This means that a 1% change in the price of good A would be accompanied by a more than proportionate change in quantity demanded.