Econs mode...

Haha...that's what I've been thinking about all morning...yeah...was sick today and my whole body was aching so I could not go to school today...

Ok ok....let me share with you what I have thought about myself using econ related topics to explain myself along the way..

Firstly, given that my energy is super low right now, this means that my potential output is really really low, this means that I actually have limited energy in doing the things I want...or is it rather low productivity in goods and services (tutorials, assignments, CCA, listening attentively to lectures...)

Besides that, there is this HUGE aggregate demand from my tutors who are expecting myself to finish my work, tutorials especially, in time...Mostly because the investment expenditure by the tutors (Test papers, extra notes, time for consultation..more class tests) is relatively large....Don't forget that there's also government (ahem....school) expenditure by giving us common tests and block tests which I still find it's irrelevant to have block test in the middle of the term where everyone is still rushing to finish tutorials...

With this huge increase of aggregate demand, this rapidly raises up my stress level (general price level for those who is still yet to understand what I'm talking about), with the low potential growth I have now....quite a stumped aggregate supply curve really....

So what am I supposed to do? Expand my potential growth!! Invest money on research and development such that I will find new ways to study and keep up with school work effectively...Which brought me to use mind maps for chemistry, physics and econs..The outcome is uncertain yet because I haven't draw out the resultant curve.. :P

It's crazy of me to increase my studying hours now as it would increase my cost of production and hence aggravating the already high inflation rates(oops..stress...)

But now, let's hone down to a smaller, firm-like scale...So far, I'm still trying to identify my ideal working period, 2 or 3 hours? or more? or less? By law of diminishing returns, in the short run, if I were to increase too much of my studying hours, the cost to my body would be too great and I'll fall sick....again...

Right now I'm also trying to discover the market structure of my class...So far it's perfect competition to me...given that we all have the same notes and same 24 hours? But what differentiates us now is how many hours we can pump into studying...A variable factor where I don't have the upper hand...Perhaps I should use other variable factors to my needs and start monopolising the market? Perhaps I should maximise my time in revising the topics learnt or stay ahead in tutorials so that I would understand the topic better...Yes...By law of returns to scale...this external economies of scale should be able to help me...

Ahh....Econs is so interesting...with suitable examples to remember it...Now it's time to globalise this idea to everyone such that I can find a group of friends who agree with me to study together, since some of us have comparative advantage over certain subjects and the cost of studying would be much lower? More sleep and better productivity in understanding the topics...But too many friends together would be an internal diseconomies of scale....We'll babble too much...hmm...

Haha...To those who still think that my blog is too GP-ish...try the Economist me..xD