Question: Explain the significance and utility of your major to the society 10 years from now. An economics major teaches a student two key principles, first that the future is uncertain and second that values are subjective. This paper will briefly explain the significance and utility of an economics major, attempting to demonstrate that whilst … Continue reading The Significance and Utility of an Economics Major
You learn that pollution generated by the increasing population of particular, large powerful countries is endangering important ecosystems and many species such as wales and penguins in Antarctica. One group is pushing for a fishing free zone but these large powerful countries are planning to block the proposal, which needs unanimous support in an international … Continue reading Pollution, Policies & Power – Deontology, What ought to be done?
Are there any moral laws that must be followed by every person? What is the justification for these universal principles? I would compare such moral laws to the rational lawfulness that we as humans guide our actions and choices against. Whether moral, ceremonial or judicial, law should uphold a protection of the liberty, property and … Continue reading Immanuel Kant & Thoughts on Moral Universal Laws
The Economics Board Game is out! The Economics Board Game teaches students economic theory in a way that is simple and fun! Travel around the board. Answer questions. Finish with the most gold to win! Contents: 4 characters, 16 gold, 1 die, game board, instructions, and 50 question cards. The 50 question cards are designed … Continue reading The Economics Board Game!
Mandarin Poster is a stupidly simple and effective system to help you learn Chinese characters. Each character is shown with pinyin pronunciation, a memorable keyword and coordinates to easily look-up extra details. They also have reference sheets, character breakdowns, practice sheets, and self-print posters. https://mandarinposter.com/ 1. Hang it on your wall Put it somewhere you … Continue reading Mandarin Poster
Chinese or Hànyǔ (汉语) is the native language of the Han nationality of China. The Han people constitute more than 90% of the population of China, native speakers of Chinese form the largest speech community in the world! Chinese uses characters. You can check out the most frequently used Chinese characters at the website link … Continue reading Chinese Basics
TOTAL REVENUE, TOTAL COST & PROFIT Total revenue is a firm’s return from sale of output. Total cost is the amount paid for inputs used to make outputs. Profits are total revenue minus total cost, TR – TC. The economic goal of a firm is to maximise profit. COSTS AS OPPORTUNITY COSTS Production costs equal … Continue reading Microeconomics – The Costs of Production