Addy’s ECO 106 Archived Resources

Below are a plethora of resources that I think are very helpful for ECO 106 students. If you have any questions, please come to an SI session or leave a comment below. You can also upload any of your own helpful resources in the comment section. Happy Studying!

My Session Schedule, Winter 2016

[box] Tuesday 1-2pm, DePaul Center C105

Wednesday 6-7pm, Richardson Library 105

Office Hour – Monday 6-7pm Richardson Library 105 [/box]

Can’t attend any of my sessions? Feel free to check out other ECO 106 SI leaders’ schedules here.


About Me

I’m a sophomore majoring in accounting honors and finance honors, with a minor in economics, but that’s not really important. What is important is that I am here to help you succeed in ECO 106 in any way possible. I’m friendly, responsible, and above all, very helpful, so if you need assistance of any kind in order to successfully pass the class, then you know who to talk to. Have a great quarter!!



Hey all. Please have a look at this website, which will help you get into the groove of finals by telling you how best to study, and what works best in what situation.


I know that the second half of the quarter is starting to get progressively more challenging, but the material in and of itself is not too difficult. I think that all of you would benefit from a different presentation/explanation of topics covered in class, so here’s a website that will help you better understand the market for loanable funds.


Have a look at this article in the Economist on the brain drain. It’s a very interesting topic, and it is brought up not just in economics, but also in sociology and in the whole discussion surrounding appropriate immigration policy, so it is also a very pertinent topic. Enjoy!


Here’s some more good advice on how to do well in this course.


At this point, you might be a bit overwhelmed by all the material you are being given, but don’t worry! Just read this article, and hopefully you will be able to formulate a plan for success in this course. It’s your class; make the most of it!


Please have a look at the OECD’s Better Life Index. It’s just another way to gauge how the “standard of living” is different among countries, and to see what categories are looked at to reach these conclusions, but I think that it provides a new and fresh perspective, which will hopefully peak your interest. Happy exploring!


Though it may not make sense now, try to make an effort to understand (and not memorize) the topics presented in class. This will not only help you succeed in the class, but the knowledge gained from this class will also prove to be very useful in your job/internship experiences (I speak from experience!)


Here are some resources from Fall 2015


Tips/Interesting Readings


Here are some interesting articles on the history of money (in terms of its history in the world, and also specifically in the US). If you thought you knew everything there is to know about money, think again!



Here are a few tips from Cornell University on how to approach an economics class.

Formulas and Graphs

Make sure to know and understand these formulas and graphs, as they will be useful (and necessary) in this class.




Have a look at this depiction of Real GDP in the US (courtesy of the Federal Reserve Bank in St. Louis)




Effect of negative supply shock on price ceilingInflation Rate


GDP Deflator Equation


The components of GDP



Circular Flow Diagram





Videos and Handouts


Check out this short little video on positive vs normative statements/analysis.