Year 12 Economists
Weekly Update 11
The Most Important Lesson in Life!
The formula that I learnt to explain this concept is:
E + R = O (Event + Response = Outcome)
The basic idea is that every outcome that you experience in life (whether it is success or failure, wealth or poverty, wellness or illness, joy or frustration) is the result to how you responded to an earlier event in your life. Things are going to happen in your life whether you like it or not (E), what the difference is will be how you chose to respond to it (R) that will ultimately determine your overall outcome (O).
The results you receive in your AP2 and even in your AS Levels in August, will be in direct relation to the types of choices you make today. Neither your teachers, parents or even peers will be responsible for the results you get - just you! The moment you fully understand that, the less time you will spend making excuses or complaining, and the more time you will spend making better choices. If the choice you make is not moving you towards your goals, then it is actually moving you away from your goals.
So here's to a week of better choices!
Top Revision Videos:
https://www.youtube.com/watch?v=dmVaYfXWDiE (Fiscal Policy)
https://www.youtube.com/watch?v=0CjNlyiDAno (Fiscal Policy and the multiplier effect)
https://www.youtube.com/watch?v=6lnw7s9KOMM (AD/AS and Fiscal Policy)
21 Lessons Left!
Dates for the AP2 exams are as follows: Micro (Friday 23rd Jan) and Macro (Tuesday 27th Jan). These will be full past papers!
How to Ace The 30 Mark Essay Question! (Weekly Macro Revision Session)
Thursday, Jan. 22nd, 3:45-4:45pm
Paddington Academy (Room 206)
N.B. Those students who signed up last week, please RSVP again.
RSVPs are enabled for this event.