Class summary 8/31 & 9/2
8/31:
The class started with a game which was giving out money like penny,dime,quarter,1 dollar bill and 10 dollar bill. Everyone just sit and waited for the money to come to them. After a girl asked if there was rule to get the money and the answer was no, she got right up to the stage and took the money away. By increasing the amount of money, it also increases people's incentive which can be related to consumer's desire for goods.
9/2:
The class started with two hugh numbers which were 531000000000 and 16500000000 from 1970's database. The first one is the amount of oil in the ground and the second one is the amount that we use every year. According to the stats, all the oil will be used up in 32.2 years, but that will never come true. Later stats show that instead of running out of oil, we dig more out of ground. Since the oil is getting less and less, it will become more and more difficult to get the oil in deeper level under the ground. Then people will think of another good way to replace the oil, that's why we never run out of non-renewable resources. For another example, you are given a house of pistachio to eat, but you have to leave the shell in the house. The more you eat, the more shells you will have around yourself. When you reach the point that there is only one pistachio left, it is going to be so hard to get that and eat it because you have to put much more effort to get through those shells that were left before.
The class started with a game which was giving out money like penny,dime,quarter,1 dollar bill and 10 dollar bill. Everyone just sit and waited for the money to come to them. After a girl asked if there was rule to get the money and the answer was no, she got right up to the stage and took the money away. By increasing the amount of money, it also increases people's incentive which can be related to consumer's desire for goods.
9/2:
The class started with two hugh numbers which were 531000000000 and 16500000000 from 1970's database. The first one is the amount of oil in the ground and the second one is the amount that we use every year. According to the stats, all the oil will be used up in 32.2 years, but that will never come true. Later stats show that instead of running out of oil, we dig more out of ground. Since the oil is getting less and less, it will become more and more difficult to get the oil in deeper level under the ground. Then people will think of another good way to replace the oil, that's why we never run out of non-renewable resources. For another example, you are given a house of pistachio to eat, but you have to leave the shell in the house. The more you eat, the more shells you will have around yourself. When you reach the point that there is only one pistachio left, it is going to be so hard to get that and eat it because you have to put much more effort to get through those shells that were left before.
Comments
Post a Comment