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Friday, October 18, 2019

Investing Time

This is the first action project for Economics: Risking Value course. On our first unit we had learned the basics of how economics can help you make decisions, in order to understand the substance of the question we had analyzed the balance between supply and demand, human behavior in react to personal beneficial incentives and tested out the math behind simple and compound interest. As we dipped our toes deeper into this unit the next question we had to ask ourselves is what does the decision making looks like and play out in real-world scenarios. By doing so we learned how markets in different goods affect each other on an economic scale and how does that affects the decision making the process. Now that we grasped the logic between decision making we then transitioned into answering our action project guiding question: What will you do after high school? as much as this question had built a lot of scared faces and mid-life crisis thoughts our collected analyzations had prepared us to take action in calculating decision making.