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Economic Importance

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What is it about Economics? Why do I put effort into learning all the economic terms? What is the usefulness and the importance of Economics to me, to the society and the world? All of this questions have swirled in my mind for the past months. In my own personal view, to Economics helps us to understand how individual, firms, or a country behave. I could say that Economics is everywhere and is in our everyday life. For that reason, I believe this subject is the golden knowledge and it can be used in the present day as well as in the future. The Economic approach is broader yet simpler. It is dependent on data, rather than hunch or ideology, to actually understand how the world works.
It always have been my curiosity to fathom how the world …show more content…

I found an interesting discussion in the book. This open up my view living in Asia, particularly Malaysia as a developing country competing in the world market amongst other countries. He brought up the issues, such as why rich countries are becoming richer and poor countries are becoming poorer?. Taking Qatar as example, is the country rich because of the abundant crude oil, a stable currency or the control of immigrant? Issues like poverty also drag my attention to actually learn Economics. Does poverty really can be eliminated or it can only be controlled, and if so, how? I look forward to explore these topics while studying at the …show more content…

At secondary school I was a prefect for 2 years. I was apart of the Welfare Executive Committee, helping under-privileged students to achieve their full potential. Besides, I held a position in Science and Mathematics Club and currently take responsibility as President of ‘Silat Cekak Hanafi’ Club at my college. I learnt the good value of teamwork and communication skills. Furthermore, at the age of 15, I started learning ‘silat’, a Malaysian martial art, taekwondo, and some basic boxing skills. Learning these self-defence taught me a good discipline, concentration and I learnt to manage my time effectively, taking care of my academic life and extra curricular activities. Apart from that, I started learning some fundamental German in my

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