Saturday, June 16, 2007

So much for macro-economics

I just got over with the final exam of Macro-Economics module which I had taken over the summer term. Though i am relieved that i am over with one more module, i am not too happy with the way in which i completed a module like macro-economics. The reason for this is time. From monday to friday i am at office (internship) and then on saturday i am in class from 930 to 530. The only time to actually get to study is on a sunday (which is not too easy after a heavy week).

But then, why am i unhappy about this module? Its not that i am thinking about my grades here. What i really feel sad is about the fact that this module had so much to learn. I personally think that macro economics is more important that micro economics. This is one module which can be applied to real life situations instantaneously. Concepts like short run, medium run, open/closed economy readily appeals to our senses. We were able to appreciate the changes in government spending and taxes, changing interest rates and more importantly fluctuating oil prices and its effects. How small policy decisions can have a major impact on employment, price levels and inflation. What exactly is an exchange rate and why does this change every moment of the day.

Considering the fact that these issues are being discussed in the papers every day, i really feel that i should have given more time to reading the book. Although i do know the basic concepts now, i would have loved to reach to stage where i can read economic reports like plain simple english and also comprehend what it means. A good and sound knowledge in this subject is so very important in understanding the business dynamics of the world.

Well...whats done is done. But all is not lost. Even though i am not extremely satisfied with my effort in this module, i still am a lot more aware about economics now. I feel that i am able to make a lot more sense out of the daily news clippings :). I just hope that i get some time now to continue reading on the book....

1 comment:

Anonymous said...

.....hmmm self realization ...i am glad that you got to atleast listen to your inner voice ...which is very important in todays world ..cause that is what we are trying to escape

Regarding your module ...never mind ....since you are fretting over the fact that you should have given more time ... your time is yours try taking out 10 minutes ...and give it to ME ;) (Macro Economics) ..... and see the beauty ......

Your greatest fan ever ....

Nice post ....