FSA is AOK

They changed econ around a bit this year. Had I studied with last year's texts I would have been in trouble and not known it. They changed the definition of direct and indirect quotes around. Not a major change, and something that intuitively makes much more sense, and it wasn't a major problem. Overall econ was much as I remember it. It was largely divided into two parts with minor changes. Last year there were only 3 arguments against free trade. This year they used some pretty tortured logic to nullify those arguments. Last year the currency parts were similar but as I mentioned, they changed the definition of direct quotes and the LOS seem to be less about calculate and more about discuss. I feel pretty good about both, but that is the real problem with econ. Currency deals with really small numbers and fractions. The key is knowing with numbers to work with and what to do with them. You must know to use the bid price and divide. No worries however! If you accidentally use the ask price and multiply they will gladly put that (incorrect) answer as one of the options. You will select that option and be none the wiser until you get the results in August that when you thought you got 5 of 6 correct, you got no more than 3 correct. Trust me, I'm talking from experience on this one.

I have the baby this week, and a bit of a family problem so I am choosing a pretty weak study session. Session 5,6, & 7 are financial statement analysis and accounting. I always get above a 70 in this area. Plus they have really watered it down this year. This week's session is session 5. Two readings and one of them is 12 pages. All of FSA is 7 readings for 3 sessions - equal to the number of readings in econ. The readings are longer, but not particularly meaty. Last week was a chicken thigh, this week is a chicken wing. I will be flying to NYC round trip this weekend to bury my grandfather so I should have session 5 done before I leave and use the flights to review quants and econ. If I had actually performed on quants and econ as well as I thought I did, I'd be about halfway done with the level 3 cirriculum today.