REFLECTION 23

This is the last chapter in the course.  I hope you have enjoyed the course and are saddened to see it end.  What concepts or theories did you find most interesting and/or useful?  Is there an area where you changed your thinking? Re this chapter:  Which debate do you consider most important and interesting?  Which side do you agree with? Why?

This course was really interesting, I learned a lot. I wish I had taken this course over the fall or spring. During the summer makes it a little hard to really grasp all the information and to go in depth about every detail. It definitely change my perspective about the economy and what concepts are essential for a better economy and how our behavior plays an important role. Learning about the importance of trade, learning about GDP (which I did not know anything about), CPI. It was also interesting to know how the Fed makes important decisions about the money.

I found “Should the government balance its budget?” the most appealing and interesting. There are functions that are beneficial and important. However, there is inefficiency from the government, therefore, it could be a reason taxes are high, to compensate that. If there was a decrease in taxes there could be more opportunity for people to save and invest. As we learned, the more people save and invest, the more growth there is in the economy.

Thank you for a great semester. I learned a lot!

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