Last Blog Reflection

Blog Assignment: Reflection

a) What did you learn in this class that you believe will be most directly applicable to understanding how the world works?

I think that the most applicable to understanding how the world work is the EGT consultant paper in which we did research on our countries and also learn about the three type of different market (scooter, limousine and sedan). I also found the buying corn activities along with the shipping container activity to be very interesting and helpful to understanding today’s issues relating to economics and transportation of goods across countries. Another activity is calling the banks to learn about the exchange rates and fees, which was a pretty interesting activity. It may be hard to get different kinds of currency and is quite useful for study abroad students since they are going to another country and will need that country’s currency.

b) What topics are you interested in learning more about, after his class ends?

Other topics that I want to learn more about are how other markets works. For example if we were to look our study abroad country but instead of looking at the automobiles and vehicles markets we should try out other products as well. I think that it is also important to do more presentations with business more like activities and learn about the cultural differences in class. Maybe combine little parts of business in to this economic class for us as students to understand how closely business and economic is related. I think that also learning about negotiation is quite important too and we should learn more about it. Maybe have an intro to negotiation and persuasion which can eventually lead us to take the negotiation and persuasion class.


c) What advice would you give to a student considering taking this class?

The advices that I would give to future students taking this course is that for the presentation, they should really practice because time limit is quite important. Learn how to use concise words and cover important points. As for the reading, make sure to read all the reading because they are very important for discussion and for having a better understanding of economics. Writing papers for this class, I would say it takes the most time and require a lot of time beforehand to research so start early due to that it is important to analyze the country from many perspective and see which markets is suited best for the country. Don’t forget to do blogs because blogs help you process your thinking on the readings. Overall I got a lot out of the class and would recommend it to students going on study abroad because it helps to know the situation in that country.