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Thursday, September 29, 2016

The Next Steps

In Unit 1, Utility and Value, of Economics we learned about opportunity cost and how every decision you make comes at a price. When delving into economics we saw how the world runs and that it is influenced by the way people think and the incentives that draw them in. Some math concepts that we had gone over had been different ways to calculate interest, solving systems of equations, matrices, and how supply and demand graphs work. On our FE we had gone to the Federal Reserve Bank of Chicago and got to really understand how they control the economy. For our action project we were tasked with deciding our futures beyond high school. We had to choose a career and then figure out two possible paths, and the costs that come with each, that would take us there. I ended up choosing a career as an electrical engineer due to my love for math and being raised by electricians. I really enjoyed doing this project since it gave good incite on something I may end up doing in the future. There had been times where I struggled, such as finding concrete numbers for both the salary and tuition for each college. Please enjoy my findings below.
 

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