Economics

Economics is very important to all of us for many reasons. Macro would see how a jump in gasoline prices would effect the economy, but micro would see how it would effect the consumers in general. We all have to work to cope with the fact that we do not have an unlimited amount of resources. One reason is because unfortunately we don't all have all the money in the world, so we have to learn how to deal with what we do have.

Economics plays a great role in my personal life right now. My life would be completely di!

fferent if it weren't for the limited source of money. I could also build the greatest baseball stadium ever made, but due to economics the closest I could ever come to that is maybe buying a sign to hang on the outfield wall.

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. I could go buy an island in each sea just to go visit once every few years, but in real life I get to visit Six Flags once in a while. I would also not be here because who needs a college degree if they have all the money they could ever ask for? Why work when I could have everything handed to me? I would never have any economic problems again, except for where to store it all, but then I could just go build my own bank. As you can see, economics plays a great role in my life. I would also have a billion dollar home in each state, but instead I'm living in Dockson Plaza. I have more wants than any amount of resources could provide unless they were unlimited. If I had an unlimited amount of money, then I would be driving a different Ferrari each day of the year, but instead I'm driving a Cavalier. Another reason is because all of us have an unlimited amount of wants, but do not have the resources to take care of those wants.