How to Prepare for an Economics Entrance Exam in 2025: A Step-by-Step Guide for University Applicants
Introduction
If you're a high school graduate planning to apply to an Economics program in 2025, this guide will show you exactly how to prepare — step by step. We'll break down the subjects, required materials, timelines, and include links to essential resources used by top applicants.
1. 🧭 Understand What Economics Actually Involves
Before you prepare, know what you're preparing for.
Core fields in an Economics degree:
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Microeconomics: Consumer and producer behavior
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Macroeconomics: Inflation, unemployment, fiscal policy
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Statistics & Math: Graphs, probabilities, equations
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Economic history and international trade
📌 Tip: Start reading basic economic news from sources like The Economist or Investopedia.
2. 📚 Know the Entrance Requirements (Subject Breakdown)
Depending on your country or university, the entrance exam will likely involve:
| Subject | Weight (%) | Common Topics |
|---|---|---|
| Mathematics | 40% | Functions, Derivatives, Basic Algebra |
| Logical Reasoning | 20% | Graphs, Percentages, Word Problems |
| Economics (if tested) | 30% | Supply & Demand, Market Structures |
| Essay / Writing | 10% | Economic essay, short analysis |
📄 Download sample exams:
3. 🗓️ Create a Smart Timeline (3-Month Study Plan)
| Period | What to Focus On |
|---|---|
| Month 1 | Math basics, logic exercises, read news |
| Month 2 | Practice with real tests, essay writing |
| Month 3 | Time simulation exams + polish weak points |
🧠 Use Pomodoro (25-min focus sprints) with breaks. Tools: TomatoTimer
4. 📘 Recommended Books & Resources
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📗 “Principles of Economics” by Gregory Mankiw (Best beginner-level textbook)
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📘 Khan Academy’s Economics & Finance Courses – Visit here
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📕 The Cartoon Introduction to Economics – for a fun approach
5. 📝 Train Yourself with Real Questions
📄 Downloadable practice material:
👉 Set a timer. Simulate exam conditions every week in month 3.
6. ✍️ Writing an Economics Essay
💡 Essay Tip: Pick a current topic (like inflation or crypto regulation), define it clearly, and evaluate both sides of the argument using basic data or charts.
🎓 Example prompt: “Is rising inflation always bad for the economy?”
7. 🌍 Extra Tips from Top Applicants
✅ Join Facebook groups like:
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Economics Entrance Prep 2025
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Future Economists Network
✅ Attend free online lectures:
✅ Take notes actively, not passively. Use color-coding & index cards.
✅ Conclusion
Economics is not about memorizing — it’s about thinking critically and interpreting the world through numbers and logic. If you study smartly with real materials, time yourself with discipline, and stay curious, you’ll enter your university with confidence.
📎 PDF Download
🧾 Download this full study plan as PDF (upload link optional)
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