Saturday, September 29, 2018

A journey of 33 hours...

In my engineering days I met with economics in some semester and it was a very basic level,even I can hardly remember what I had studied.
Entering into the pgdm I was again introduced to Economics, Micro economics.
It was a wonderful journey of 11 classes.
Started with incentive, though very less no of us responded to this,we faced trade off between listening the class carefully while making notes and facing trouble in time of blog writing due to not listening the class with attention. Here opportunity cost was different for different people.
At every Saturday compulsory blog writing suddenly increased demand for knowledge gathering, initially internet gave us supply of some chauffeur knowledge resulting plegarism in our blogs but later we were back to the basics. Elasticity was the most memorable topic as so many people copy pasted some add ons about it in their blog and marked as absent. Same thing happened for not being able to explain properly the concept of surplus and utility.
In those days we were told to write blog on economic concepts relating to real life. This is an extra benefit for clarity of our concept. An increasing returns to scale happened but law of diminishing marginal utility never took place as we became more curious about the subject.
After mid term we came to know about simulation, getting marks has become quite easier due to this economy of scope. Suddenly I discovered the businessman inside me when fighting in oligopolistic market.
Strategies,brain storming,competition... Perfect combination of thriller and fun.

Thank you sir for all these fabulous experience and specially for making me a blog writer from an ordinary writer.

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