One of the transitions I will discuss in my blog throughout the semester is decision making. In college your skills at making rational decisions is essential to your success as a student. The everyday simple decisions you make subconsciously can effect your efficiency. The schedule that I had to turn in for this class helped me to contemplate how to get the most out of my precious time. The decision I made to stick to my schedule has been very beneficial to me.
My microeconomics has given me a given me an interesting way to think about decisions I make daily. In my class we have talked about making decisions at the margin. This is best explained by always having your marginal benefit outweighing your marginal cost. For example, should I spend an extra hour playing basketball at the gym or go back to my room and study for tommorow's exam? The marginal benefit of playing more basketball does not outweigh marginal cost of not being as prepared for the exam. Therefore, I wisely go back to my room and study for the test. One of the reasons I find my microeconomics class so interesting is due to the fact I can actually use information I learn in my daily life. Hopefully this"formula for success"consistently persuades me to make the best possible decisions throughout the semester.
What was it about the calendar that helped you get the most out of your time? And, given that most people perform better scholastically because they are more focused if they are regularly physically active, would you have weighed your marginal cost/benefit differently? For example, dividing your time equally between shooting hoops and your homework.
ReplyDeleteInteresting idea to apply microeconomic theory to classwork! How does this fit with the decision fatigue ideas that we read for class. Do you think it might alter the formula?
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