In this post I will be covering Quantic’s Economics module. Similarly to what I wrote in the Accounting module, I sat this course as someone who already had exposure to most of the concepts covered in the course either via full semester courses during my undergraduate degree or from studying for financial qualifications.

Learning Experience

The teaching style remains the same where students use the Quantic App to go through the course materials, answer what I call “concept checker” questions (Smart Cases in Quantic lingo) and take the final exam at the end of the module.

The course covers key concepts from micro and macroeconomics and overall the material is well structured and accessible to students from different backgrounds with elements of story-telling to help the concepts sink in and stick. Again, Quantic had the challenging task of condensing a lot of material which is usually taught over months, into a shorter and interactive course with real-life examples aimed at improving the learning experience.

This is just my personal experience but I must say that a lot of the excitement that I had from the start of the course gradually started to fade away as the novelty from using the platform became repetitive, going through the learning materials in the app. I had already studied Economics so if I were to be frank, I approached this module with a ticking the box mentality which is not great.

Office Hours & More Remarks about the Teaching Style

The learning was complemented by a number of office hour events where tutors reviewed and covered key topics. A few of these sessions were organised, each covering different topics and recordings were made available for students. I listened in on one of the sessions and based on some of the questions that other students were asking, I felt that there were some fundamental knowledge gaps that the app’s teaching style was clearly not filling. Several students also asked for additional resources that they could use to deepen their understanding of some concepts which might be a decent indicator of the shallowness of the course material. Lecture notes are provided and can be downloaded via the app however these are very short summaries. I think the app does a good job in giving students a general understanding of the subject, however I got the impression that if students want a better (more thorough) understanding of the topics, they need to find suitable textbooks. Very often I heard or witnessed students being able to answer the questions that pop up on the app but their answers were limited to what the app was asking and any deviations from the app’s content was a cause of confusion.

End of Unit Exam

The exam format is the same regardless of the module. Given that the exam is open book, my guess is that most students should be getting anything around 90-100%. My recommendation is to do the Smart Cases until you get 100% before tackling the final exam as the Smart Cases also count towards your final mark (even though their weight is low, they help in mastering the concepts). The exam will be mostly multiple choice questions or questions where you need to input a short one word answer. You will have 48 hours to complete the final exam once you launch it so you will have ample time to double and triple check your responses. You have to answer one question at a time so there is no toggling between questions.

Assignment: Recorded Presentation

This was arguably my favourite part of the module. We were given a prompt relating to Brompton Bikes where we were asked to put into practice some of the economics concepts learned on the course to provide some recommendations for the company. We were asked to record our response and to share our recorded presentation for marking. I enjoyed putting the slides together and reviewing some of the macroeconomic trends to come up with my own analysis; the only criticism that I have is that I would have preferred another group work assignment to discuss further with other course mates.

This concludes this post and I hope you found the information useful, for my next post, I will be covering the next module, “Data and Decisions”, thank you for reading.