When I think about economics, the idea of money and economy appears in my mind. To me, economics is everything incorporating the exchange of money, goods, or any type of other currency. Economics applies to both human trade of the past (bartering for goods) and trade of the present (walking into Meijer and buying a package of Mountain Dew). Economics revolves around the concept of supply and demand and contains two different types: supply-side and demand-side. Economics also play a role in the stock market, where shares of stock can be bought and sold. Overall, its concept can be found behind everyday activities that we accomplish in our daily lives.
Part 2.
My dad trades in the stock market and believes that I should consider economics as a major in college. The concept of business also interests me, and I am eager to find out how they work. Even though taking an economics class is mandatory in the state, I feel that this class will greatly help out no matter what profession I decide to pursue in the future.
Part 3.
- The one product that I probably wouldn't be able to live without is my laptop computer. I use it almost every day, whether to surf the web, watch videos, learn, type blog entries, etc. It's almost as if the computer contains everything in one, and I believe that it is the one thing that I am most dependent on during the day.
- I honestly do not have a favorite business or corporation, but if I had to choose one, it would be a large tech company such as Microsoft, Apple, Google, or Facebook. Since technology has pretty much become an everyday necessity in the 21st century, these companies probably have the largest impacts on the things I do everyday.
- My career choice is currently undecided as of now. I would prefer a career in technology, as it is the one thing that I am most interested in, but a medical career or even one in economics wouldn't be too bad.
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