I am a student in Professor Arvan's Econ 490 class. I am blogging under an alias to protect my true identity using the name of a famous economist for that purpose.
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Hello Professor Arvan, this is simply a test post to demonstrate the functionality of my blog.
Throughout high school, I competed in one of the most competitive football programs in the entire state of Illinois. We went undefeated freshman, sophomore, and junior year to eventually lose my first high school game in the state championship of the 7A playoffs. We experienced this amount of success right after our high school experienced one of the most notorious hazing scandals in Illinois high school football history. However, no matter what my team went through, we did it as a team. We won as a team, lost as a team, did homework as a team, and even bled as a team. Being able to put the scandal behind us and still experience this grade of success is almost unheard of. Although, if any team could persevere, it was my high school football team. All of this was possible through hard work and unmatchable organization from our top-notch coaching staff. My football team was more than just a team, it was a bro...
Over the course of the past month and a half, the themes we discussed have gradually built upon one another leading to a synonymous harmony in our blog posts. Looking at the first post on our alias, I was tasked with defining who Adam Smith was and the contributions he had on the thought processes of economics. His concept of the invisible hand provides the backbone for transfer pricing, the structure of organizations, and even what causes them to make certain decisions as they are generally acting in their own self-interest. While I know that not everyone had the chance to research Adam Smith, I am quite sure the other economists that classmates wrote about had topics that tied in as well. Writing about my experiences with organizations and tying in the concepts we’ve learned in class has allowed me to view organizations in a different light. I no longer perceive a business as it is, rather I delve deeper into how they are structured and the reasons they behave the w...
Conflict arises every day in the professional world. Whether it is internal or external, tailoring a solution to the problem is essential to ensuring the business continues to thrive. Throughout my lifetime, I have experienced many different types of conflicts. However, when thinking about a conflict at work or at an RSO, there is one that comes to mind. Last summer, I was an intern for an insurance agency in Chicago. My job title was set at a college financial advisor, and I was tasked with identifying any financial needs for clients and help them reach their goals. The hard part of the job was that I had to build my own book of business. Being a 22-year-old, many people didn’t take me seriously and were not willing to work with me and share their personal financial information. It became very tough for me to find new people to reach out to due and overtime I exhausted my network of friends and family. One day when there were only a few hours left in the workday, my ...
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