I finally found the answer about my goals in my life when I studied monetary economics in University of Indonesia. I still remember clearly when my professor told us that Indonesia’s economy is the engine of people’s welfare and yet Indonesia’s economy is still facing numerous problems that cause deterioration in people’s welfare. Since Indonesia declared its independence, government have not been succeeded to promote suitable economic policy in order to decrease economic inequality and poverty. Low level of financial deepening, inadequate infrastructure, corruption, a complex regulatory environment, and unequal resource distribution among regions have been the main problems that impede economic development in Indonesia.
Although Indonesia’s
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Although I already have knowledge in economics theory, I realized that economics in theory is different with economics in practical. Thus, to develop my skill and learn about economics, I became a research intern in Institute for Economics and Social Research (LPEM-FEUI). During my service at the Institute for Economics and Social Research, I learned how academicians’ role to improve the economy and assist government to determine a suitable policy. I also learn to help researchers with econometrical and statistical analysis in economics development. Furthermore, I also broadened my knowledge about how government takes a decision for economics policy when I became an Economic Research Intern in Coordinating Ministry for Economic …show more content…
Thus, my interest in learning financial deepening issue has induced me to pursue a master degree in financial economics field. Upon graduating from the Financial Economics programme, I expect myself to become a qualified policy maker in designing the scheme for financial deepening issues. With my comprehensive knowledge on financial and monetary economics, I aim to provide an effective economic model for finance and business sectors. I also aim to contribute my analytic skill to perform quantitative research in determining any future plan for economics policy in Indonesia. I wish that my improved analytic skill, combined with my working experience and broader knowledge in economics policy, will offer distinct and fresh perspetives to the improvement of financial deepening and people’s welfare in the
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.
In the American society, it seems two of the things that are mentioned the most are money and education. What most of us do not think about is the correlation of economics to education. Economics has a big effect on our expectations of educational environments over time. It seems that more and more money is going into schools but nothing is changing in them. Schools are still cutting out electives and still can’t afford some of the basic things that students should have in their learning environment.
In Paulo Freire’s “The ‘Banking’ Concept of Education” he outlines the inefficient and oppressive nature of modern education. Friere posits that modern education is of narrative manner, in that the teacher, or narrator, narrates to a listening person, the student. This flow of education is one way, from teacher to student. The teacher 's objective is to narrate to the student until the student is full of their information or put in terms of banking, deposit their knowledge in the bank, student.
What is the importance of the American federal reserve system and to what degree has it been beneficial to the stability and growth of the American economy? Many Americans, since the foundation of the United States, have been circumspect of a banking system that puts its power in the government’s hands. Despite this, Alexander Hamilton, the first secretary of the Treasury, put forth great efforts to establish the First Bank of the United States in 1791, and the Second Bank in 1816. Then, in 1913, the Federal Reserve Act was passed, creating a Federal Reserve System---allowing the United States Central Bank to issue uniform currency in the form of Federal Notes---and created twelve federal reserve banks across the nation. Together, these advancements
In chapter 8, the core economic principle that displays itself often is The Consequences of Choices Lie in the Future. This principle presents the idea that what we are doing in today’s economy will have an impact on the future. Whether it is decisions on cutting benefits or raising taxes, any of these could cripple our futures economy. In the chapter, it discusses the fiscal policy and how it saved America’s economy after the depression. By monitoring the nation 's spending budget and taxes, so another depression or a recession does not occur.
Mr. Junot Díaz’s paper titled “The Money” is a paper about the struggles of growing up as a Dominican, or less specifically an immigrant, in America. The paper offers a brief gimps into Mr. Díaz’s life as a young man, it shows his family structure and his neighborhood structure. It shows the type of people he had to deal with growing up and how he handled the way these people acted. The point of the text is to show how Mr. Díaz lived as a young man though one specific life experience.
1. Introduction Income inequality has grown significantly during this past decades and this phenomenon continues to increase over the years. This problem is constantly discussed in the daily news all around the world. Several consequences of this increase of inequality between people leads to economic problems such as high unemployment rates, lack of work for young people, fall of demand for certain product. The gap between rich and poor is increasing, the rich are richer and the poor are poorer as a result politicians and economists try to adopt certain policies in order to reduce this gap.
Introduction The role of state in economic development has long existed around the world. Due to the economic depression of 1930 the existing economic theories were not able to give any apt explanations for this worldwide economic collapse. This provided a backdrop for a revolution spearheaded by John Maynard Keynes. John Maynard Keynes was an influential policy analyst and economist.
The notion that education generates sufficient external benefits, either through higher levels of economic growth spillovers is examined and found lacking. Even under conditions of market failure, government failure is omnipresent and sufficiently. Through education provides positive externality and that university education needs to be subsided the government might not have enough money to pay for education which might also reduce the funds paid by the
Placing Indonesia's national security as a national
I'm attending Elms for a few reasons but I'm ultimately going to college for my future in Accounting. I would like to attend Elms to attain a degree in Accounting and to learn the basics I need to become a strong CPA and eventually a CFO. In fact I enjoyed going to my grandfather's house at a young age to watch him work at his firm and because of my interest I want to continue his legacy in my future career. After taking multiple levels of accounting at my high school this only furthered my love for the subject.
In “The “Banking” Concept of Education”, Paulo Freire describes what it is like to be a student in the 1970’s, but this work is still relevant in today's education system. In this passage from his book, Pedagogy of the Oppressed, Freire discusses two different types of education. There’s the banking concept, which is currently in place, and the problem-posing education, which is the ideal form of learning. Many educational activists, in the 2000’s, have since touched on the ideas that Freire coined to depict the issues that Americans have with our system. In order to take a look at modern education, we must discuss what schooling is like now, describe what it should really be, and declare how Freire’s ideas connect with those of other writers.
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.
“How am I going to save my money if I can’t go a month without being short on cash?” Is this the question you ask yourself every now and then? Why is saving money that much difficult for you? Saving money needs a hell lot of self-control and self-control is challenging. Not only that, saving is a habit and habits take time and effort to form.