Economics
= Economics is a study of how individual and economics makes decisions about the use and allocations of their scarce resources.
Demand: This lesson was about demand and demand curve and its movements due to changes in price or quantity demanded. So as an example we discussed about demand for steaks of a steakhouse as residences of that area are moving to other areas.
Economics Assignment
My group consist of 3 people which are:
1.Haziq Zariful
2.Syafiq Zariful
3.Cassandra Wong
In this assignment we are to analyse the differences between two business of the same industry in which my group has chosen to do seafood restaurants where we found one that is required in Penang and the other one in Klang Valley. We were assigned to do a report which includes a video.
the report
The Interviews on 2 businesses
Our analysis
Recommendation
Reflection
Understanding the topics for Economics are not that hard compared to the other subjects in this course, i enjoyed learning them. Throughout the entire course we've had tutorials where we need to turn up our work that is usually give after a lecture. That is one where i've realised how important it can be for the whole semester. Doing it can make you understand more and might prove useful for your tests or exams in which i personally would rate myself as slightly inconsistent towards this subject. I was very lazy on doing those homework just because i already understand about the lecture which results to me getting a 'B' grade for my test. For the final exam i feel comfortable as i did a lot of practice before the exam day. The assignments that we had are very tiring where we had to travel around and do our work. Overall it was a subject that i think is very important for us
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