This website uses cookies to ensure you have the best experience. Learn more

The Economics Of The Outdoors Essay

1199 words - 5 pages

Chapel Talk November 20, 2014
Good Morning:
How do we satisfy unlimited wants with limited resources? This is the
primary goal of economics. Although I'm not talking about solving world
hunger or deterring the energy crisis (you can talk to Mr. Ames about
those issues). Now Mr. Ames did throw out a profound line earlier this
year. He said, "Economics is the key to not failing life" and I took that to
heart, because, well, one, I didn't want to fail his class, but, two, I didn't
want to fail in life. Economics is not solely about playing the stock market
or solving a country's debt issues. It's about weighing the costs of
something relative to the benefits. An example would be: it's a Friday
night and you want to go to the movies with your friend. But you also have
a paper due Monday in Mr. Nabi's class. You've got 40% of your English
grade in one hand, and wasting a couple hours watching the latest,
mindless movie in the other. Now you're thinking like an economist.
Although, if you ask Mr. Nabi, I usually chose to watch the movie.
Back to the topic at hand: satisfying unlimited wants. Each day we're
faced with them, and each of us must take them head on instead of letting
1

them completely dictate our thoughts. In my interpretation of the economic
question posed earlier, "wants" are relative to each person and we can
greatly stretch our limited resources to fit the situation. Time is life's most
valuable and coveted resource, it's something that's being perpetually
burned and few of us actually utilize it to the fullest. What would we be
without time? I was lucky enough to realize early on that time is fleeting
and that I must seize it. Even more so, I am grateful to have parents that
took advantage of alternative education and sacrificed their precious time
to enable me to have the freedoms and the joyous upbringing that I had,
which ultimately formed me into the individual I am standing before you.
A resource which I exploited throughout my childhood and continue
to do to so almost daily is the outdoors. Growing up and being
homeschooled (all the way up until 8th grade), I was granted ample time
to roam the woods behind my house or ride my bike up and down the
neighborhood through the snow. This freedom and sense of adventure
was instilled in me from my earliest years. The sweeping hills and endless
trails. The babbling brooks and the sheer rock faces. My earliest
memories were formed around campfires and in the Blue Ridge. During
my elementary school years, I participated annually in the Living Earth
2

School. The Living Earth School is a wilderness education program
focused on teaching children the importance of the wilderness and how to
survive there. The Blue Ridge mountains, some of the world's oldest
mountains, served as the richest of classrooms. It is here where I learned
how to start a fire in the rain with no matches, how to make cordage out of
plants, and even how to stalk deer in silence. Looking back, I realize that I
was...

Find Another Essay On The Economics of The Outdoors

The Economics of Baseball Essay

1031 words - 4 pages The Economics of Baseball The economics of baseball has grown since the beginning and has become more complicated every year. Baseball players are now making millions of dollars to do something that they love and enjoy. It's not their fault the money they can receive has reached the million mark, even for some of the less talent of ball players. This has happened to all sports, but especially to the American pastime. Baseball is more

The Economics of Pornography Essay

1920 words - 8 pages Steven Hirsch is still a handsome man at age 39; he has a golden tan, long brown hair, and a new black Ferrari. Steven founded Vivid Videos in 1984 when he was 23. Now president of the lucrative company, he discusses brand recognition and foreign licensing rights from his office nestled in the solid middle class community of Van Nuys, California. Steven sounds much like the young Hollywood movie executives not far from his inconspicuous studios

The Paradox of Electoral Economics

2064 words - 9 pages The paradox of electoral economics focuses on how governments interact with conditions of economic growth. Additionally, this paradox includes the government’s interactions with market economies and how the economic interactions coincide with politics. The paradox of electoral economics states that all governments require positive economic performance. In other words, governments need up to par economies in order to sustain their own foundation

Economics - The study of Microeconomics

675 words - 3 pages According to the text Economics is defined as "the study of how human beings coordinate their wants and desires, given the decision-making mechanisms, social customs, and political realities of the society". One of the areas of study within the discipline of Economics is the study of Microeconomics. The text defines "Micro economics as the study of individual choice, and how that choice is influenced by" two laws control these individual

The Return of Depression Economics

1251 words - 5 pages Paul Krugman states that his goal is to develop a theory of how the currency panics of Asia spread around the world, and how to prevent this from happening again The Return of Depression Economics explains how the liquidity trap and currency panics experienced by the Asian and Latin American economies over the past decade resemble the Great Depression. Krugman cautions that we are not immune to the problems experienced by those economies, and

The Economics of Clean Air

1305 words - 5 pages increased the tension over the economics of cleaner air, but with little the government can do to limit the use of cars, the production of necessary coal-fired power plants and other such human resources, the topic just turns into another fog for debate and argument over stricter regulations and the impeached right these sources have to operate. The continual power struggle of such economic and social issues and the debate over the effectiveness of

The Economics of Being Famous

1195 words - 5 pages Did you know that being famous can be for better or worse? Even though it had been proven a tremendous number of times that being famous can be dangerous people still aspire to be famous. This paper will tell you about the ups and downs that famous people have, as well as the economics trials and tribulations of being famous. What is the cost of a celebrity time and privacy? “Celebrities chose to be publicized. I say that some celebrities even

The Economics of Predatory Pricing

2012 words - 8 pages The Economics of Predatory Pricing Introduction Predatory pricing “is alleged to occur when a firm sets a price for its product that is below some measure of cost and forfeits revenues in the short run to put competitors out of business” (Sheffet p.163-164). The reason firms take the short term loss is because they hope to drive out competitors and raise prices to monopolistic levels. By doing this, they covered their short term loss to

The Economics of Illicit Drugs

1341 words - 5 pages ). Crime and Drugs a Modern Delima. Economics and contemporary issues (7th ed., pp. 201-216). Mason, OH: Thomson/South-Western. THE ECONOMIC COSTS OF DRUG. (2001, September 1). National Criminal Justice Reference Service. Retrieved April 7, 2011, from www.ncjrs.gov/ondcppubs/publications/pdf/economic_costs98.pdf

The Economics of Student Performance

1598 words - 6 pages Economics 92 (1–2) (2008). Mayer A. “Online social networks in economics” Decision Support Systems, 47 (3) (2009):169-184. Mayer, R. E. and Moreno, R. “Nine ways to reduce cognitive load in multimedia learning” Educational Psychologist, 38(1), (2003):43–52. Mazer, J. P., Murphy, R. E., and Simonds, C.J. “‘I’ll see you on “Facebook”: The Effects of Computer-Mediated Teacher Self-Disclosure on Student Motivation, Affective Learning, and

The Decline of American Economics

769 words - 3 pages Scottish moral philosopher, Adam Smith became the pioneer of political economy and advocated for the “free market” and “the invisible hand” concepts while Ethics and Moral philosophy, a subject he taught at Edinburgh University were essential built-in ingredients in this new ideology. In the first half of the 20th century, an English economist John M. Keynes advocated interventionist government policy. i.e., close monitoring (not controlling) of

Similar Essays

Economics Of Outdoors Essay

1199 words - 5 pages Chapel Talk November 20, 2014 Good Morning: How do we satisfy unlimited wants with limited resources? This is the primary goal of economics. Although I'm not talking about solving world hunger or deterring the energy crisis (you can talk to Mr. Ames about those issues). Now Mr. Ames did throw out a profound line earlier this year. He said, "Economics is the key to not failing life" and I took that to heart, because, well, one, I didn't want to

The Joy Of The Outdoors Essay

3040 words - 12 pages How are you going to spend your free time? Are you going to spend it at home watching T.V. with your friends or are you going to spend it out in the country climbing mountains, rafting whitewater, or carving down the side of a mountain? These are just a few of the things that you can spend your time doing as an alternative to being a lazy sack and staying inside and playing video games. There are many ways people have fun outdoors. Living in

Shining A New Light On The Outdoors: Wilderness Therapy

2425 words - 10 pages released him, I felt as if I had just hugged a stranger. His beard was long and shaggy and his skin freshly tan. His pants were covered in dirt, and his jacket was covered in holes patched up with duct tape. The strangest thing that I observed when I looked my brother up and down was the backpack that was almost twice his size. I guess he really did learn something about the outdoors. My view of my newly made brother was soon blocked by the hug of my

The Economics Of Information Essay

1379 words - 6 pages Various Aspects of Economics of Information 3.1 Economics of information in Education According to Farid (2007), economics of information is based on the concept that quality information is a scarce and valuable resource. The production and dissemination of information in education constitute two major economic activities, with associated costs and benefits. The value of information depends on its degree of accuracy, completeness