the best way to study economics ...
first of there is no 'best' way for everyone ... each person has his or her own preferences, and strengths and weaknesses when studying a certain subject ...
these are my suggestions:
* download the syllabus from the board of studies website and read through very carefully
* read through resources (such as textbooks; gittens articles; online resources - leading edge, abs, reserve bank; the financial review)
* understand the theory
* make notes based on the dot points (as you would in other subjects)
* also look at the other column in the syllabus which outlines possible questions (prepare further notes for those)
* gather appropriate statistics (and if possible relevant quotes) regarding the dot points and main things (such as cad, exchange rates, eco growth etc)
* revise practise writing out points to answers and if possible essays
that off the top of my head ... maybe ill add some more points later ...