From this module, the important lessons I learned is to apply the economics theories and concepts into the projects and class activities. One very important thing I learned from is to be familiar the basics, like the demand and supply curve, because the following lecturers are mostly related to them, that was why in the beginning I tried to be familiar with the basic topics. The reason those basic topics are important to me is because I think in the economy in the society is a very complicated, and for me who did not learn take up the economics subject in high school, it was initially a fresh and unfamiliar topic. But after learning about economics, I learned to relate the terms with the actual economy in the world.
My favourite topic is Price Theory, which includes the demand curve and supply curve. It is because I think they are easy to understand and I am able to relate the theories into the actual world. For example when Mr Joe, the lecturer, told us about an example of the situation, and when I was in the situation I could actually imagine how the economy works there. My least favourite topic is Theory of Firm Production and Cost, which includes the law of diminishing returns and law of increasing returns. This is because initially I was quite confused with the laws applied as I sometimes think it doesn't make sense. But after quite some time of learning them only I get the topic.
Overall, I think the module is clear and easy to understand. For example I think the topics are well organized by Mr Joe, and his teachings and examples make the topics much easier to understand.
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