EconomicsToo

This is an essay shared with us by Ee Jenn, a Year 12 economist at Garden International School KL, which has been entered into an economics essay competition. It has been a while since we have posted and following the recent pandemic and a period of online-learning, we are now back in school and wanted to get this blog back up and running so we can share some of the thoughts, ideas and wonderful work from within our community.  We wish Ee Jenn the best of luck with the essay, and hope you enjoy reading it as much as we did... How relevant is economics during a pandemic and in what way might economists make things better? The economy is socially embedded in modern society. Almost every individual is an economic agent, impacted by the decisions of economists, corporations and legislators – economic crises spillover into the everyday lives of individuals; vice versa, seemingly un-economic environmental crises like natural disasters or pandemics have proven to have detrimental economic...

It's always great to showcase outstanding work undertaken by our students and what follows below is an essay by Rachel Gibbons. She is a current Year 13 Economist at GIS and entered this essay into the  John Locke Institute Essay Competition, 2018... The John Locke Institute Essay Competition invites students to explore a wide range of challenging and interesting questions beyond the confines of the school curriculum and Rachel  was delighted to hear her essay on the gender/wage gap was shortlisted and received the award of High Commendation . As with all students, Rachel is open-minded and loves feedback, so feel free to pass on any comments about her arguments in the essay...enjoy! It has been said that a company may hire a woman for four-fifths of what a man would earn, to do the same job and do it just as well. If this were true, why would any profit-maximising employer choose to hire any men at all? Is there another explanation for the perceived gender wage gap? ...