My interest in economics unexpectedly began via football. After England's disappointing World Cup exit in 2010, I picked up a book written by a sports economist: "Soccernomics: Why England Loses." The author examined the data of England's performances relative to that of other countries given the differences in population, GDP per capita, and other factors. He came to the conclusion that England was in fact matching expectations. The applicability of economics and the intricate process economists use to solve problems intrigued me. By taking an undergraduate economics course, I hope to be able to explore other applications of economics and solve real-world problems.
The Advanced Placement curriculum has deepened my understanding of economics and helped me develop vital skills to be an economist. In AP Economics, I strengthened my analytical abilities by detailing a report with current data and indicators on the United Arab Emirates' future economic situation. Studying differential equations in BC Calculus and developing hypotheses and testing them through …show more content…
I want to investigate how such calamities in the world economy and banking system arose, and what viable solutions there are. In End this Depression Now, Paul Krugman wrote that a Keynesian approach of stimulated expansionary policy would help end economic depressions. This is based on the fact that the US government's increased spending during World War II helped end the Great Depression. He criticized the Greek government for adopting austerity measures. However, Greece's predicament is much more sophisticated, as, unlike the US, it has pressure from the other European Union nations. I believe that Greece must undergo austerity measures and a period of economic hardship before its economy can improve. Through studying economics, I hope to solve such crises by integrating new approaches with current
The Advanced Placement curriculum has deepened my understanding of economics and helped me develop vital skills to be an economist. In AP Economics, I strengthened my analytical abilities by detailing a report with current data and indicators on the United Arab Emirates' future economic situation. Studying differential equations in BC Calculus and developing hypotheses and testing them through …show more content…
I want to investigate how such calamities in the world economy and banking system arose, and what viable solutions there are. In End this Depression Now, Paul Krugman wrote that a Keynesian approach of stimulated expansionary policy would help end economic depressions. This is based on the fact that the US government's increased spending during World War II helped end the Great Depression. He criticized the Greek government for adopting austerity measures. However, Greece's predicament is much more sophisticated, as, unlike the US, it has pressure from the other European Union nations. I believe that Greece must undergo austerity measures and a period of economic hardship before its economy can improve. Through studying economics, I hope to solve such crises by integrating new approaches with current