business economics

How do the concepts learned relate to real life?
It was very interesting learning and listening to all the material discussed in class last Tuesday. Most of the information covered was new to me, but easily related into a real life situation. I’m not sure if you’d like for me to discuss concepts learned from the text or from class, so I’ll try to combine them together. In most real life situations it’s very useful and helpful to distinguish the advantages from the disadvantages in every alternative you come across. In decision-making, it’s easy to make your mind up when looking at everything on paper, rather than juggling it around in your head.
How do they r...