ipl-logo

Economics Is An Important Factor In Our Life Essay

935 Words4 Pages

WHAT IS YOUR REASON AND MOTIVATION FOR CHOOSING THE COURSE N SCHOOL? There are a lot of bad reasons to take up Economics, but there are a lot of good ones too... Economics is one of those colleges it is never too late to start studying. Whether you are already studying economics or just planning to do so, you must have wondered what are the true reasons to enrol in this field, which is according to many the most responsible one there is. Before you determine what field, you are interested in, you will have most certainly pondered all the pros and cons of your potential choice. On the other hand, a part of you will not have contemplated a few steps - or sometimes decades - in advance, but will have made the decision in the twinkling of an eye. In the end, there are no rules that would say one way is right, and the other one is not. Scientists have said that children as early as in the fifth grade already know what they would like to become, and that by the beginning of their …show more content…

Our minds often impose subjective points of view of the society and our immediate surroundings, which will undoubtedly encourage us to choose economics up to that point when we forget what our heart 's and our own desires are. In this article, we bring five(objective) reasons why to study economics. 1. ECONOMIC FORECASTER. As an economist, you can make a living from predicting future economic events. The key to being a good economic forecaster is to use a mixture of dice and lottery numbers. (some economists make the mistake of using just lottery numbers, but this can lead to really bad forecasting) If this method fails just use the statistics from the previous year; they are always more accurate than the actual predictions of economists. Note: Economists have successfully predicted 10 out of the last 2 recessions. 2. YOU CAN ALWAYS GIVE

Show More
Related

  • SJA5007 2.3

    1528 Words  | 7 Pages

    This is an expectation that can be placed upon a child as young as three years old when they enter the education system for possibly the next fifteen years. Consequently, we know children are

    Read More

  • Benefits Of West Point Persuasive Essay

    508 Words  | 3 Pages

    By applying Economic principles I was able to decide that it is in fact worth it to attend West

    Read More

  • Why Is Economics A Friend Or A Foe Of Ethics?

    967 Words  | 4 Pages

    The purpose of this essay is to argue whether "economics is a friend or a foe of ethics". A concept discussed by Norman Bowie, A.K Gavai and Milton Friedman. Before moving into further detail, what is economics and ethics all about? According to the dictionary, "economics is the science that deals with the production, distribution and consumption of goods and services or the material welfare of human kind." Whereas ethics are the "values relating to human conduct, with respect to the rightness and wrongness of certain actions and to the goodness and badness of the motives and ends of such actions".

    Read More

  • BPBE 272 Week 3 Assignment

    1420 Words  | 6 Pages

    Throughout the term in BPBE 272 there has been many important skills I have learned to help me pursue my goal in University. I have learned all key concepts of economics and also learned how to use them in my everyday life. This class has gave me tremendous help on how to look at the world in the way an economist does. You have taught us in a way that did not require us to just memorize the material but to actually take the time to learn about the information we are given. I will explain the main points I have learned in this class, what it means to have learned all of the information, How I have changed my perspective on economics, how I can apply my knowledge in the workforce and why this course was so important to me.

    Read More

  • Why College Isn T For Everyone By Chris Matthews

    605 Words  | 3 Pages

    There are many students in high school who have started to think about college; if it’s essential for them. Most parents encourage their children to apply. Nowadays education is very valuable to the point that it will help a student get a job in the future. A job that is well paid and provides a good living for that person. Many controversies have been set high whether college is worth it or that it is not for everyone.

    Read More

  • Nature Vs. Nurture Conflict In Truman Copote's In Cold Blood

    477 Words  | 2 Pages

    According to John Watson, one of the strongest psychologists who propose environmental side, once said that he could train baby to become any type of specialist Watson wanted. He stated that he could train him to be such regardless of the child's potentialities, talents and race. Infants are shaped by every

    Read More

  • Erica Reischer's 'No, Honey, You Can' T Be You Good?

    873 Words  | 4 Pages

    “So you want to be an astronaut? Um, Well…” (Reischer). Many people believe that a kid’s imagination should run free without basis. However, doing this may cause the child to see failure and success of their own doing instead of how others influence this outcome Erica Reischer explains, in “No, Honey, You Can’t Be Anything You Want to Be. And That’s

    Read More

  • Naked Economics Chapter 1 Study Guide

    1265 Words  | 6 Pages

    What is Economics? Economic is the study of goods and services are produced, bought and sold, economics explains how do the people interact in the market to get what they really want or accomplish some of their different goals. Since economic is a drive force of human interaction studying it often reveals why people and government behave in particular ways. Anything that related in money is called economic.

    Read More

  • Rhetorical Analysis Of What Are You Do Here By Edmundson

    618 Words  | 3 Pages

    The most beneficial thing in life is to study something that interests you. When students are choosing what college to further their studies they consider: the cost, the social status of the school, and the programs the college carries. Professor Mark Edmunson gives his message on what students should consider in his article "Who Are You and What Are You Doing Here?", published on August 22nd 2011 in Issue 74 in The Oxford American. This essay is about Edmundson's viewpoint on education and that it is hard to get one. But if you do something you enjoy doing and work hard at it you will become successful.

    Read More

  • Early Childhood Education: Theoretical Perspectives

    1165 Words  | 5 Pages

    It starts with infancy and continues to adulthood. By gaining knowledge about child development, a synopsis of what children can do at various ages can be formed. Following are the three theoretical perspectives of child development: i. Maturationist’s View of Child Development : Maturationism is a premature childhood educational philosophy emphasizing the child as a growing individual in which knowledge exists. Based on Arnold Gessell’s work, maturationists suggest that “genetic factors play a bigger role in development than environmental ones” [8].

    Read More

  • To What Extent Can Money Buy Happiness Essay

    811 Words  | 4 Pages

    Can Money Buy Happiness? In today’s materialistic world that we live in, the phrase that ‘can money buy happiness?’ is an often asked question. There is no right or wrong answer but only peoples opinions and people always think their opinions are right. Money is an easy way to gain happiness since in our daily lives we need money for food, shelter, and keeping ourselves healthy, which are necessities for having a happy life.

    Read More

  • The Importance Of My Future Career

    1380 Words  | 6 Pages

    When I was growing up, multiple people questioned me about my future career, and others even pressured me into certain careers. All the influences I have had over time have formed my idea of the perfect occupation, that fits my personality and interests. The careers I have based my future life plans are a pharmacist or a certified registered nurse anesthetist. Both of these careers require a great deal of school and hard work. My decision of these careers was influenced by both of them being within the medical field, and also both focus on helping people.

    Read More

  • Why I Want To Study Economics Essay

    734 Words  | 3 Pages

    Learning history is always important as it reveals our mistakes and grants us the opportunity to learn from our mistakes. My understanding of the history of economics will serve as a useful base-knowledge as I continue on my studies in economics. In my third and fourth year of university, I will broaden my field of study to an international level. As I have mentioned previously, I plan to learn international economics through classes such as International Trade or International Finance. Moreover, I will take business-related classes funded by corporates to get familiarized with industries in Japan and the real-world problems that they face.

    Read More

  • How Does Money Bring Happiness Essay

    705 Words  | 3 Pages

    There is a very popular cliches that money cannot bring us happiness, however, new research of Cambridge shows that people who spent more money on purchases that matched their personality are happier. Money problem is an age-old question, there are many various thoughts of their believes, many people believe that money is the star of crime and the fade of true feelings. However,researchers show that people who has higher incomes is happier than people have lower incomes. Because money expands peoples’ choices of their future, and money changes their lives’ qualities to be more modern to bring them happiness. Therefore, people should build their lives to make more and more money to find more choices and more joyful life.

    Read More

  • Roles Of Money In Macroeconomics Essay

    1772 Words  | 8 Pages

    ROLE OF MONEY IN MACROECONOMICS 1. Introduction Money can be seen as the medium of exchange which is acceptable while transaction is being undertaken between two parties. Some of the common forms of money are: - Commodity money: This is when the value of the good represents its value in terms of money like gold or silver. - Fiat money: This is when the value of the good is less than the value it represents - Bank money: It is the accounting credits that can be used by the depositor Money serves a variety of crucial functions in the economy and this is why it has gained an unparalleled influence in the matters of economy at micro as well as macro levels. Some of the features of money that make it so important for any economy are as follows:

    Read More

More about Economics Is An Important Factor In Our Life Essay

Open Document