Provide a brief sample of your understanding of Economics in a paragraph. In a second paragraph explain how you will apply knowledge gained to your life.
5/28/2015 06:47:41 am
The things I've learned from economics are standard things or least it was till i learned the long term effect of them such as Interests and loans. In economics I've learned that getting a loan can't be paid off in 1 day you MUST pay it off monthly or weekly. I've learned about investments and how it can be a dangerous game to play at times. If you invest in something it always has a chance to both crash or even succeed. Economics gave me a clear understanding about loans and interest and investments. It also taught me about company shares and how it can help or even affect me whenever i have money laying around.
5/28/2015 06:50:54 am
economics is the branch of knowledge concerned with the production, consumption, and transfer of wealth. Basically having the knowledge to create your own business and how to profit off of the product your selling to not only better your business, but to also benefit off of your product. I could apply this knowledge to my life by creating my own business to benefit myself and teach myself not only work ethic, but to also have know how to make money in today's society. In conclusion, that is how i could apply this knowledge to my life.
5/28/2015 06:54:04 am
I understand that the United States is a very greedy place. I don't think members of my age group are aware of how underhanded our government and corporations are. As a country we talk a lot about equal opportunity but when you look at the facts we see the constantly increasing wage gap. Over the course of this semester we also discussed how credit works. It's another form of corruption in our government designed to keep impoverished people in debt.
5/28/2015 06:54:04 am
Well to prove my understanding to economics I learned some interesting things like how robots would take majority of the jobs in the future. I also, learned that when you buy products with credit cards the stuff you buy ain't really yours. In addition I learned that banks loan your own money to other people which was very interesting I had no clue they do that. Now for me the most use full thing I learned was stocks and how they work over time. Personally I would use these things I learned in life as follows, I would major on technology and know how technology work to maintain my job. Instead of using credit cards in the future I'll rather use a debt card to purchase my things with because its my money. Now in the future I'll look a lot on stocks and invest in company's I think would become more known in the future. Even though you get little money but if you add the money in years pass it will be worth investing and even sell my stock when its worth a lot.
5/28/2015 06:54:45 am
My review of what i learned in economics class is that the way how use money like investing or knowing of how the bank takes a majority of your money so that its business can still keep going. how now we know in ways that corporations invest in stocks and are able to learn of how to work up on finances. like loans and how people are slick in trying to take your money or make you owe money for example like the credit card. I rather use a debit card without loaning or owning anyone my money. I am grateful to have learned a lot in this class and i would have wanted to learn more of managing time and other ways money is used taken or corrupted by of the government. The examples i can explain are how i can use budgets to make interest ways and smart decisions in where i can use my money. Mortgage payments how people pay monthly and that you can only be rich to buy the actual price. another example is how How the increasage of technology will and can tighten . People put businesses to make profit. Industries and telemarketers have to be smart to win the crowd of people like persuasion.Learning of analyzing banks into account . The currency of money that how bartering and the way deals are made to keep businesses
5/28/2015 06:58:12 am
I understand that the economy changes all the time and I need to be prepared for it. I learned the difference of saving and investing they have some similarities but are not the same. I was showed where I can go to invest and if I should invest on the company. Many things are changing the world and we need to accept it but make sure it don't change us.
5/28/2015 06:58:45 am
I have learned a lot in economics class in the past few months. The main thing that I enjoyed learning was about the credit cards and the way they work. The tricks in other words that we are not aware of and later end up paying the consequences for such as if we don't read the small letters in the contract we sign to get that credit card we can end up seeing our monthly payments with a 15% interest. Sure having a credit card is cool and all but what we don't put ourselves to think is that in reality all we are doing and specially at a young age like us is little by little sending ourselves to bankruptcy if we are not able to fully know how to administrate ourselves and our money. Not everyone is able to manage their money the right way that is why we have quite a few people dealing with bankruptcy and bad credit in a way they end up like that because they did pay attention to the advice they were given or maybe because they were never told.
5/28/2015 07:00:39 am
In Economics class, I learned about technology and how one day it will have a mind of its own. For example, your job one day wont be needed because technology will take over it. You'll have no job. Jobs will be harder to find. I also learned many economic words such as profit, nonprofit, business organization, etc. This knowledge I now know will help me in my future life because Economics is about money. I will need to be able to know how the bank works and how to better prepare myself for the future with all these new technologies coming out. I need to know about making profits and saving money for my future life. Learning all this stuff in Economics is helping me better my future so I wont make any wrong decisions.
5/28/2015 07:01:00 am
From my understanding in economics class i have learned that economics isn't something simple. I believe that economics is what runs the whole united states money , this economics thing also is what moves the wealth. We all deal with economics as we get money also the rich as they need to protect they're wealth. Wealth is a huge deal here in the united states as here anybody with a really good plan and good ideas can become rich and wealthy and become a higher level person in this economy. Here in the united states is the place of opportunity we just need to know how get up there.
5/28/2015 07:01:33 am
Economics class taught me how to handle credit cards andhow to not take them out to not get in debt. I also learned about budgets and where the money goes and who handles it . I wish I would have learned more on the board not just the computer . But it was fun while I learned.Now I know how to use my money wisely and think about the future not just the moment .
5/28/2015 07:01:57 am
In economics class I learned about how technology has advanced throughout years. It Has changed the world in many ways. Technology has its bad and good things to it. Technology has went far in some ways but really helpful at the same time. People see it in good ways and bad ways . Technology has created lots of different types of things over the time. For Example, robots, self help machines and much more.
5/28/2015 07:03:05 am
The things that I learned in economic class was one should save their money in a bank. So it grows 1% each year never the less you're making the money work for you. Also I might buy a parking lot so I could get easy cash. I just need to find the right location where people need parking spaces. Maybe take a computer science class so I could be up to date with technology.
5/28/2015 07:03:24 am
the understanding of economics is the study of business. I learned a lot of new things and have gotten to the chance to be able to understand more about something i had already knew about economics. the main thing that got my interest was when we started talking about investment, the reason why is because who wouldn't want to invest in something that going to give income. I honestly can say i really enjoyed economics class.
5/28/2015 07:05:54 am
In economics we have learned a variety of techniques to help us make smarter decisions with our money. For example our teacher has taught us about investing our money. If we invest our money into a growing company we could eventually get a lot of money in return just for buying a share of a company. Economics is the production, distribution, and consumption of goods and services. We will need to know a lot of literary terms for all the words that have valuable meaning. We need to know these terms because, it is going to help us understand what to do with our money.
5/28/2015 07:07:44 am
I learned a lot in Economics class, many of the topic's we went through I knew nothing about. I learned that it's not a good idea to get a credit card because you'll end up in debt for a every long time if you spend a lot of money.When you pay with credit you're spending money that belong's to the bank and not you. It's a better idea if you get a debit card because you'll just be spending your own money. I also learned that when the price of something is low the demand in supplies goes up. But if the price is high the demand in supply goes down. I was very surprised when I learned that only a very small percent of the human population is wealthy. The rest of the population is either middle class or poor. Then the wealthy people create these huge gaps so that less fortunate people don't get to their levels.
5/28/2015 07:07:55 am
In economics I have learned the importance of what economics is in general. Economics describes all aspects of the countries economy such as how a country uses its resources, the outcome of investing in industries, financial products, the effect of taxes on a certain population, and why or how businesses succeed or fail. Economics shapes how the world is viewed. Through the understanding of economics, people and countries could become wealthy. Over this course we covered the understanding of credit, the system, interest, artificial intelligence, & scarcity. The overview of economics will help me throughout life because I have now learned that if you don't get the system it will not end well.
5/28/2015 07:11:41 am
To add on it is important to invest so that in the future it will help out in the long run.
5/28/2015 07:11:31 am
What i learn in your class was investing and saving. In how we got to be careful in how we work our money. Also, how the bank takes most of your money. And it was a new lesson for me because this was never taught to me and others until now that i took economics class. It was a great help and will help me in the future. I'll know what to do with with my money and will be more careful.
5/28/2015 07:14:14 am
I've learned alot of thing in economics class like building your credit and how you can mess your credit up. LIke you have to pay your payments on time and you cant miss any payment because that can mess it up. I also learned about loans that how you have to pay them if you get one weekly or monthly. So therefore i under stand how you can get things in your life.
5/28/2015 07:14:44 am
This year in economics I learned a lot about technology and how it have grown over the years . I learned that in ten years there will be machines that will be taking overs jobs they humans have to do . I learned in order to get what you want you have to work hard for it.
5/29/2015 04:10:00 am
From what i have learn in Economics is a lot. I learned about what would happened in the next few years with technology and other stuff. Learning so much about this is really amazing about how things works and how what everything means. I also learned how everything is is improving so much and how much its growing all kinds of companies. being in this class was and amazing year with the best teacher.
5/29/2015 04:16:16 am
This year in economics I have learned a lot. Prior to this course I had never taken an economic course, so almost all information I took in was new. Whether watching shark tank and learning about equity or feeling out a print out about what a document means, I was able to learn new things.
5/29/2015 04:25:31 am
In economics class ive learned alot of new things that are useful like growing companies,technology,building credit and how not to be in debt.all this is useful because it helps us make important choices that involve how much time to devote to work, to school, and to leisure, how many dollars to spend and how many to save, how to combine resources to produce goods and services, and how to vote and shape the level of taxes and the role of government.
5/29/2015 04:26:20 am
I've learned a lot about economics and how the economy works during the course of this class. I've learned how the economy changes based on the needs and wants of the people in the society. I've learned how the economy will never be the same as it is always changing since jobs are destroyed and created. I've learned how we should spread out our money like we shouldn't keep all our money in our bank but try to split with saving it and investing it. Most importantly I learned how deadly loans can be and should only be used on things we need.
5/29/2015 04:28:23 am
In economics I learned how money should be used and spent. For example, making my money work for me in many ways. I have also learned how the world will change concerning technology. How everything will be smart in a couple of years, maybe even smarter than humans. I also learned what is needed to start a business and how it will benefit me.
5/29/2015 04:33:23 am
What I understand about economics is the study of how we use what we have, in order to satisfy our needs and wants, We discussed how the wage gap between the lower class and the rich continues to grow rapidly and the majority actually has less money than a handful of wealthy people. We also discussed how much power the banks actually have and how they can almost do whatever they want. How you should only use credit cards if you can pay them off immediately or risk having to pay a lot more in interest. This will certainly stick with me throughout my college years. How the stock market can be used to your own benefit and be able to grow your money through investing in other companies.
5/29/2015 04:35:49 am
well this year has being the best so far. i mean what i have learned in this class has help me out a lot. but the most useful things i have learned in economics is how to use and save my money. i have also learned how to invest money on things that will make me more money. this is not the only useful thing i have learned there is more to say.
5/29/2015 04:36:44 am
My understanding in economics class has been very useful. This class that taught me how to manage my money and a lot about credit cards. Economics is important to study because you can have a better understanding about how the government uses the money and how your money is being managed when it comes to banks. I find it important to know how to manage my money because it is the best way to avoid living check after check. I also find it important to know about credit cards because that way i won't end up in debt.
5/29/2015 04:37:20 am
During my time in Economics I have learned so many things such as, how to waste our money wisely, the difference between a credit and debit card. I've learned how the bank works and how it started. I learned why is important to use your money wisely and to always know how the bank works before getting a debit or credit card. Economics was a fun and interesting class because everything we've learned is based on the real world.
5/29/2015 04:40:03 am
things i learning in economics, understanding how to use money. for example taking loans out or saving money. something that important to me was investment, how investing in something is more like a gamble can either lose money or gain money in a fast pace. learning how to create a business, what kind of market, partner system, managing money.
5/29/2015 04:40:43 am
In this semester of economics I was able to learn many things about how our economy works. I've learned about investing and saving my money as well as how credit works. I gained knowledge of how to stay away from getting in debt by knowing how a credit card works. Economics gave me a clear understanding about how the financial world functions.
5/29/2015 04:41:55 am
What i have learned in economics is that there are many things going on in our economy that i didn't know about. I never really notice how technology has grown in these past years. Economics also showed me how to invest and manage my money. I enjoyed everything about this class, and it helped me so i can do these things in the future.
5/29/2015 04:47:10 am
The understanding i got for economics is i will be able to handle money from now the with just a little help of others. Also i will be aware how the economy will be changing keep on mind of everything you have teach us in this class. This course will benefit me a lot later on and it will encourage me to want to lean more about economics.
Leave a Reply.