In Stage 1 Economics you will be asked to both construct graphs and to analyse the results.  Using data helps predict market trends and measure the outcomes of the behaviour of consumers, firms and the government.  Data helps you makie informed decisions.  Development of the relevant skills require practices, and we should consider some key relevant factors.

Important tips you will learn:

• Identifying a particular period within a graph
• Knowing the quarters of the year
• Considering trends
• Identifying relationships between graphs, or lines on a graph
• Knowing the language of your subject
• Understanding seasonal adjustment
• Knowing how to analyse and interpret your graph