Wednesday 24 April 2013

The beginning

This blog will be fully devoted to my learning journey in Economics while i'm in school. It is indeed important to learn about the both the micro and macro aspects of economics while i am in school. However, a higher value of utility can be derived when you are able to share your learning journey with everyone else whom may have the desire to know more about the different economical aspects of society but yet may not have the opportunities to do so. Therefore, i hope this blog will provide great insights to encapsulate and provide explanations for the various economic phenomenons that is happening in Singapore and around the world for the curious minds and the intrepids. Also, i can understand the pain when many of us do not comprehend the jargons used by the professors and tutors in school. As such, i will attempt to explain many of these ideas in the language of a student, allowing even those that do not have an economic background to enjoy the journey of learning with me.  
 
This blog will consist of both macro and micro aspect of economics. As much as possible, i will minimise the usage of mathematics and utilise words and graphs to explain the ideas. However, as economists, we all know that it is inevitable that mathematics will be required in order to elucidate certain phenomenons which may not be clearly seen and explained graphically. As such, mathematics, graphs and words will be used in different degree depending on the topics to substantiate my points and bring the idea across.
 
A comment box will be made available at the soonest possible opportunity so that we can all engage in a professional forum, bettering our understanding. As this blog is a learning blog, i will try my very best to minimise the errors of the entries. However, if any errors are spotted, please feel free to let me know that that I can get the required correction done to ensure that everyone gets the correct message and learning value.

The economic topics in this blog is going to be organised by its title in the form of a question which is frequently asked by students like me such as "Why does perfect complements not have a subsituiton effect when there is a change in income?" or "Why does unemployment exist?". Hopefully i will eventually find a way to better arrange them by topics so that one can simply search the main topics and get all the information that one need in there.

Lastly, any entries and explanation will be of personal opinions and does not represent the views of any instituitions of any sort. Also, if anyone would like to add topics into this blog, please feel free to let me know so that i can put in the required entry with the original author of the topic annotated and recognised.
 

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