Never Too Young for Economics
Describe a topic, idea, or concept you find so engaging that it makes you lose all track of time. Why does it captivate you? What or who do you turn to when you want to learn more?
The smell of delicious, warm, chocolatey cookies filled the car, and four pairs of hands rushed for the first of these decadent desserts. My family is usually not aggressive, but with cookies around, it’s each person for himself. This memorable childhood tradition left me with something beyond a satisfied stomach. Every time we went to a drive-thru for freshly baked cookies, my parents handed me the change to save in my piggy bank. As my coin collection grew heavier, I learned my first economic lesson: “It’s not about how much money you make, it’s how you save it.”
From a young age, my parents enforced the idea that money was earned. Growing up, I learned to decide between spending my $20-per-month allowance on a new trendy dress or on hot chocolate for my frequent study sessions at local coffee shops. Little did I know that with every decision, my 11-year-old self was computing the opportunity cost and comparative advantage of each choice.
In high school, after joining a business club called DECA and taking a marketing class, I learned about finance, marketing, and economics through creating several thirty page mock business plans that had in-depth research and expenditure spreadsheets, which helped me foster knowledge about...
Join Now to View Premium Content
GradeSaver provides access to 1400 study guide PDFs and quizzes, 10235 literature essays, 2599 sample college application essays, 497 lesson plans, and ad-free surfing in this premium content, “Members Only” section of the site! Membership includes a 10% discount on all editing orders.
Already a member? Log in