Reference no: EM132349976

Assignment: Chapter 15a: Please name a good or service you or your family has purchased in recent months from a monopolist. How did the monopoly come to exist? Do you think you would have benefitted from increased competition in the market for this good or service? Why or why not?

Chapter 15b: To maximize the probability you succeed at the college level, you may benefit from thinking critically about your role in the learning process. With that in mind, please (purely for your own benefit) reflect on your experience in our class, and address the following:

1. Realistically, how much work did you put into the course? Was it more or less than what you thought you would need to do?

2. If you would prefer to earn a higher grade than what you are expecting, what could you do in the future to improve your chances of earning that higher grade? Are there any steps you can take to improve your organization? What could you do to make better use of the time you allocate for studying (e.g. take a "study skills" course)? Should you be allocating more time to studying? Should you take fewer classes?

3. In this course we have used several different methods to try to stimulate learning: book reading, lecture, homework questions, articles and (maybe) videos discussing applications of economic theory, discussion with other students, preparation for quizzes/exams, learning portfolio assignments requiring you to identify economics in your life, and possibly tutoring and/or office hour. Reflecting on these experiences will provide you with useful information about who you are as a student, and what sorts of experiences maximize your ability to learn. So please relax for a minute, reflect on these various exercises, and comment on which you feel worked well for you, and which did not. How can you use this information to improve the likelihood you will succeed in future classes?