Going into my senior year of High School I knew that we were required to take the class “Economics”. I didn’t have much knowledge of economics and didn’t have very much interest in learning about it. As my senior year kept flying by I began to start learning about Economics and enjoyed it. Mrs. Shelton’s teaching and the book “Naked Economics” really changed my assumption on economics and made me want to learn more. Reading Naked Economics wasn’t as bad as I thought it would be. When reading something I always enjoy it more if there is humor in it, and in this book there was plenty of humor!
Prior to reading Naked Economics I wasn’t a huge fan of reading, as I began reading I became more and more interested to finish the book. In the beginning of the book I was a little confused and bored with it and didn’t want to continue reading. I began to read more and it sparked an interest in me to keep reading. I’m glad I ended up reading the book it has improved my knowledge on markets, incentives, government, and people. …show more content…
In the beginning of the book it talked about how the market is it does not provide goods that we need but goods that we want. This explains why some doctors are performing cosmetic surgery and drug cartels are building submarines to traffic drugs. This made me think and realize that what was stated actually is very true and taught me how powerful people actually are. Something else I learned was that when oil companies decide to raise prices, more people find other ways to get around and not drive, or when companies lower prices more people drive. This made me understand why companies do this and also helped me understand how they could make or lose money by doing
Prior to reading Naked Economics I wasn’t a huge fan of reading, as I began reading I became more and more interested to finish the book. In the beginning of the book I was a little confused and bored with it and didn’t want to continue reading. I began to read more and it sparked an interest in me to keep reading. I’m glad I ended up reading the book it has improved my knowledge on markets, incentives, government, and people. …show more content…
In the beginning of the book it talked about how the market is it does not provide goods that we need but goods that we want. This explains why some doctors are performing cosmetic surgery and drug cartels are building submarines to traffic drugs. This made me think and realize that what was stated actually is very true and taught me how powerful people actually are. Something else I learned was that when oil companies decide to raise prices, more people find other ways to get around and not drive, or when companies lower prices more people drive. This made me understand why companies do this and also helped me understand how they could make or lose money by doing