As I am a B.com student I am very
much familiar with economics. I have been in touch with Economics since I was
in class XI, but was not at all the fan of this subject. I was afraid to even
think about it. I used to just mug up the chapters rather than learning the
concept.
I had same thing in school and
college but the syllabus in first trimester of Economics was totally different
and interesting. Previously just used to mug up the theory but here I learned
how to apply those concepts in real life, now I look at situations and try to
relate the concepts of Economics in it such as ‘People respond to Incentives’,’People
face Trade off’,’Demand and supply’ and many more.
Here we are also learning with the
help of simulation that how demand affect price, how price differentiation also
affect the same. It is most interesting way of learning the subject. Through this
we are getting to know how the concepts apply in real market.
Overall now my perspective towards
Economics has changed due to the interesting classes that we are have here including simulation.
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