The reflection paper will take the form of a 1200-word report (excluding references, footnotes, and appendices). The topic of the paper is “What is the importance of economics for an individual / household in today’s globalised world?”. For this reflection paper, students should choose two to three topics from the “Think Like an Economist” or “Freakonomics” podcasts and explain, on the basis of the situations given, the “economic way” of making individual / household decisions, including their own personal reflections on making similar decisions using the economics knowledge obtained in this course. The topics should have an international / global relevance and reflect current realities.
What is the importance of economics for an individual / household in today’s globalised world?
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