Explain that economics is daily part of personal lives

Reference no: EM13243291

Suppose you were having lunch withyour best friend who just enrolled in an economics class. He wascomplaining about how irrelevant the class was, commenting that hesaw no useful purpose for economics. According to your friend,"I'm a nursing major. I will never use this stuff inthe real world." Having just completed the same course ineconomics, you try to explain to your friend that economics affectseveryone! How would you explain to this person that economics is a daily part of his personal and professional lives?

Reference no: EM13243291

Questions Cloud

Define the stereocenter of the molecule : In order to distinguish the R and S forms of a molecule an enzyme must have binding sites for how many of the groups on the stereocenter of the molecule

Explain the observed rotation of the compound : The specific rotation of a compound is defined as the observed rotation of the compound when its concentration is 1 g/mL in a sample tube which is 10 cm long. If a certain compound is observed to have a specific rotation of +8.0°

Describe what will happen to the price of corn oil : What will happen tothe price of corn oil [3] How does theprice elasticity of demand for corn oil influencethe quantity-demanded of corn oil and theTotal Revenue earned by sellers of corn oil Explain, using economic terms

Describe isomeric alcohols : Given the three isomeric alcohols, 2,2-dimethyl-1-butanol, 2-methyl-2-pentanol, and 2-methyl-3-pentanol, which are chiral

Explain that economics is daily part of personal lives : Suppose you were having lunch withyour best friend who just enrolled in an economics class. He was complaining about how irrelevant the class was, commenting that he saw no useful purpose for economics.

Find out the quantity of electrical energy : Molten carbonate fuel cells fueled with H2 convert as much as 60% of the free energy released by the formation of water from H2 and O2 into electrical energy. Determine the quantity of electrical energy obtained from converting 1 mole of H2 into H..

Nationalism and industrialization in late-nineteenth-century : Explore the relationship between nationalism and industrialization in the late-nineteenth-century world. How did each factor influence the other, and why? Give specific examples.

The crusades failed to remove or defeat the muslims : The Crusades failed to remove or defeat the Muslims. So what did the Europeans gain from this misadventure?

Explain the inorganic and organic products are the same : Which of the following is true when comparing the hydrolysis of esters in acidic solution with the hydrolysis of esters in basic solution. both the inorganic and organic products are the same in both cases

User Account

All Pages