1 page/≈275 words
Mathematics & Economics
Reflection (Unit I) (Essay Sample)
Unit I-VIII Reflection Papers The unit Reflection Papers are to be completed for each unit. In completing these assignments the university requires that you follow APA guidelines in preparing citations and references. For each assignment, you are asked to prepare a Reflection Paper. After you finish the reading assignment for the unit, reflect on the concepts, and write about them. What do you understand completely? What did not quite make sense? The purpose of this assignment is to provide you with the opportunity to reflect on the material you finished reading and to expand upon those thoughts. If you are unclear about a concept, either read it again, or ask your professor about it. Can you apply the concepts toward your career? How? This is not a summary. A Reflection Paper is an opportunity for you to express your thoughts about the material by writing about them. The writing you submit must meet the following requirements: - Be at least two pages in length - Include your thoughts about the main topics - How does it apply to your career? (I am a Masgter Sergeant in the United States Air Force and my job is Medical Administration i.e., medical records management, medical benefits, billing, and claims, and health information privacy) - How does it apply to your personal life? ***Text Book*** Econ Macro 2 , Willaim A. McEachern (available via Cengage Learning) source..
Unit One Reflection
Unit one is generally an introduction to the economics of resources scarcity as well as the opportunity costs. It is an important unit in that it makes one understand that not all needs can be met hence emphasizing on the management of the resources as per the demand and the supply of resources in the market as well as the resources around one’s personal life.
The unit highlights on major concepts of production and the aspect of resource prioritization. These concepts are important in every market both to the producers and the consumers (McEachern, 2010). The producers get to know how to fulfill the needs and the wants of the market as the consumers learn how to prioritize their needs and wants as well. It is important to understand how the resources work or rather revolves in the market. In other words it is the decisions of the producers and the...
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