A coursework on Economics is an assignment which a student of Economics is expected to cover with the sole purpose of it counting towards his final grades. An Economics coursework should be taken seriously by students. It is so easy to miss facts and replace them with fiction if the student is not very careful. A solid knowledge of Economics is a prerequisite if a student intends to succeed in this regard. A coursework on Economics is often represented with graphics and tables. The student is supposed to interpret these graphics and tabular representations and turn them into facts.
If as student, you find it difficult creating graphs and tables, then you need a refresher course. It will be wise to find out which graphs and tables are difficult for you to understand and interpret. Taking tutorial classes may be an option if you find yourself lagging behind in this regard.
A coursework on Economics is not complete without graphs and tables. The following tips below will help you as a student get a handle on graphs and tables in your course work.
Learn how to plot a graph
A graphical representation will save the student from so many explanations. The simple plotting of a graph will become more eloquent than words if the student learns how to make use of this great tool. A graphical representation for example can tell a reader if the market trends are improving or sliding. The high points shown in a graph mean that something is on the increase; maybe the stock and market value of a company. It can also simply mean that a company's performance is at its peak. A low point in a graphical representation is a pointer to the student that the trends are at very low ebb. The trends in this situation can be the price of stock. It may even mean that the recession is easing off and things are beginning to improve in the economy. An average pointer or mark in a graph is a significant indication that things are at a standstill. It may be interpreted across many dimensions to mean that the economy is stagnant and is therefore not improving. It might even mean that the growth of a company has been at a particular phase for a certain period of time. The use of graphs in Economics coursework are so important that it is near impossible to talk about Economics without associating it with graphs and tables.
Building appropriate tables
Another important feature of a coursework in Economics is a conspicuous presence of tables. The use of tables is encouraged because they help in the arrangement and grouping of characteristics. A characteristic in this regard may be a list of companies' expenses for a specified period of time. It may be a mathematical result gotten from plotting a graph. A table might be as well interpreted. Proper interpretation of a table depends on a purpose of the table. For a student to create a good table he must take into consideration the location of his factors. For example, a student needs to understand which figures should be put in the horizontal direction and which figures are to be organized in the vertical direction. Proper use of tables can lead to proper interpretation of data in any course work on Economics.