Win Your Economic Battle

It is common knowledge that Economics is the study of the allocation of scarce resources, and choice. And we all know what it is to have to make decision between two or more expected wants. Be how about tracing your own personal economic choices and see you can indeed come out a winner in the battle of choices. 

We most times can never tell if the choice we make is the right one at that very moment we simply have to wait and see the outcome , but as Economists we plan/map out the economic outcomes of particular decisions some in the short and others in the long run to see if that choice is indeed optimal. We explicate outcomes and advise based on our findings. 

But you can do this for yourself, some of you already do but do not even realize it. The simple mind processes we take for granted might be the keys to our own personal successes. 

Eg. The decision whether or not to take up a job offer in a different city on the other side of the country. You think about personal things such as your family, your friends and the comforts that you a built at home. You think about the adjustment ; how long will it take for you to settle in, how long it takes to build new relationships. All your personal; choices eventually affect your economic output. So the more crappy your personal life is the less you put out, metaphorically and literally. 

But they keep to good out turns in the removal of emotions from your economic activity if you are able to step back and focus on the task at hand during work hours you will put out more. And if you completely ignore your personal life heck you might put out the best ever. And if something good is happening channel it into your work 

You can win your Economic Battle too!!