Sunday, September 16, 2012

Topic 2: Scarcity at School?


Encountering different scarcity in PAS, students have to make intelligent decision in order to manage their time efficiently. As a student, I also face different scarcity everyday. For instance, if I have AP Microeconomics assignment that is due next period, I will face a scarcity between paying attention in class and doing Microeconomics. Paying attention in class help me assimilate more knowledge, and make sure that I don’t miss any important information. However, turning Microeconomics on time is important for my grade report. Another experience is facing scarcity between going to MUN club after school on Thursday and working out at gym. I want to be this year’s basketball captain; therefore, I always need to keep myself in shape in order to perform my best. It will be mandatory for students, who are currently taking MUN class, to join at the second semester; therefore, I want to join the club at the first semester in order to get familiar with debate ahead. Economics is interesting, because we can see economics ubiquitously in our lives. And scarcity is just little part of it. As you can see, even the richest person or the most famous person is facing scarcity, due to time constraint. In conclusion, facing different type of scarcity everyday, people need to make decision wisely in order to make efficient and beneficial results.  

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