Friday, September 21, 2012

Where Choices Lead

Everything we do has a cost, a tradeoff. Indeed, I have given up a lot to study at PAS. Not just me, my parents have likewise gave up, even more, for me to study at this school. The tradeoffs are huge and mainly is the time and money spent. However, the opportunity cost is a different case. The opportunity cost is the highest alternative given up. For me, I think the opportunity cost of going to school is working at a factory or at a farm and losing the opportunities that I could have to make some money. In particular, the opportunity cost of attending this class is the opportunity to attend a nutritious course. By nutritious course I mean a course where it's easy to get an A or above with. This is the best alternative for me because during the senior year, the second best alternative of this block, which I've taken almost all other classes, is not to learn more, but to improve your transcript. I think the decision of attending this school is rational because without education, I doubt I could go to get a lot of money. My other opportunity wasted is the chance to go to a cheaper school. Though maybe might disagree, I believe going to the states for an education is definitely better. Though the economy of the United States is down right now, I believe it will be better soon. Also, if I were to come back and work in Taiwan, have a American School diploma from a renowned school could really increase my job opportunity. Furthermore, English is a prevailing language now and I believe learning English is a very important factor to success. Attending this class is rational because I believe economy is very useful. First, economics is almost always something you have to take for the first two years and by taking the AP course I could waive the credit. Additionally, I've learned Macroeconomics and it doesn't feel right not learning Microeconomics. The benefits definitely outweighs the cost. By spending this great deal of money, I am able (hopefully) get a job that's more rewarding faster, easier, and with more certainty and thus, this investment would be a rational decision that I would choose for myself also.

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