Monday, January 19, 2015

Tyler Coughlan, Introduction, question #7

From reading the introduction I have learned that economics is for everyone and will effect everyone. If you stay unaware of economics you could be causing unknown destruction. Like Charles Wheelan's example of buying a car. We can't just simply think that we are buying a car and paying its expenses and that is all. The car's emissions are causing air pollution, destruction of roads, etc. we need to think about our actions and economics has you thinking deeper about the positive and negative consequences of your actions. So this chapter has caused me to think deeper about my actions and their consequences. It has shown me a new way of thinking that economics can tell you why something happened in the past and future.

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