ECON103: 6.3: Writing Activity | Saylor Academy

Consider these two phrases:

Money is a social construct
Shared hallucination

What is wrong with these statements? Given everything we have learned about money, compose a 1000 word essay explaining what is wrong with these statements. You will post your completed essay in the next section.

This activity does not count towards your grade.

Grading method: Highest grade

Course Syllabus

Foreword

1.1: Lecture

1.2: Discussion

1.3 Review: Introduction to the fundamental concepts of economics

2.1: Lecture

2.2: Discussion

2.3 Review: Human Action

3.1: Lecture

3.2: Discussion

3.3 Review: Time and Labor

3.3: Write an Essay

4.1: Lecture

4.2: Discussion

4.3 Review: Capital and technology

5.1: Lecture

5.2: Discussion

5.3 Review: Interpersonal exchange

6.1: Lecture

6.2: Discussion

6.3 Review: Indirect exchange

6.3: Writing Activity

7.1: Lecture

7.2: Discussion

7.3 Review: Prices and the market order

8.1: Lecture

8.2: Discussion

8.3 Review: Profit and Loss

9.1: Lecture

9.2: Discussion

9.3 Review: Violent intervention

10.1: Lecture

10.2: Discussion

10.3 Review: Economic Progress

Course Feedback Survey

ECON103: Certificate Final Exam

6.3: Writing Activity

COURSE INTRODUCTION

Course Syllabus

Foreword

Unit 1: Economic Value

1.1: Goods, Value, and Scarcity Lecture

1.1: Lecture

1.2: Goods, Value, and Scarcity Discussion

1.2: Discussion

1.3: Goods, Value, and Scarcity Review

1.3 Review: Introduction to the fundamental concepts of economics

Unit 2: Human Action

2.1: Production and Marginal Utility Lecture

2.1: Lecture

2.2: Production and Marginal Utility Discussion

2.2: Discussion

2.3: Production and Marginal Utility Review

2.3 Review: Human Action

Unit 3: Time and Labor

3.1: Time, the Ultimate Resource Lecture

3.1: Lecture

3.2: Time, the Ultimate Resource Discussion

3.2: Discussion

3.3: Time, the Ultimate Resource Review

3.3 Review: Time and Labor

3.3: Write an Essay

Unit 4: Capital and Technology

4.1: Capital, Technology, and Human Productivity Lecture

4.1: Lecture

4.2: Capital, Technology, and Human Productivity Discussion

4.2: Discussion

4.3: Capital, Technology, and Human Productivity Review

4.3 Review: Capital and technology

Unit 5: Economic Exchange

5.1: Trade Lecture

5.1: Lecture

5.2: Trade Discussion

5.2: Discussion

5.3: Trade Review

5.3 Review: Interpersonal exchange

Unit 6: Indirect Exchange

6.1: Money Lecture

6.1: Lecture

6.2: Money Discussion

6.2: Discussion

6.3: Money Review

6.3 Review: Indirect exchange

6.3: Writing Activity

Unit 7: Prices and Market Order

7.1: The Market System Lecture

7.1: Lecture

7.2: The Market System Discussion

7.2: Discussion

7.3: The Market System Review

7.3 Review: Prices and the market order

Unit 8: Profit and Loss

8.1: Capitalism Lecture

8.1: Lecture

8.2: Capitalism Discussion

8.2: Discussion

8.3: Capitalism Review

8.3 Review: Profit and Loss

Unit 9: Violent Intervention

9.1: Voluntary and Coercive Interactions Lecture

9.1: Lecture

9.2: Voluntary and Coercive Interactions Discussion

9.2: Discussion

9.3: Voluntary and Coercive Interactions Review

9.3 Review: Violent intervention

Unit 10: Economic Progress

10.1: What is Economic Progress? Lecture

10.1: Lecture

10.2: What is Economic Progress? Discussion

10.2: Discussion

10.3: What is Economic Progress? Review

10.3 Review: Economic Progress

Course Feedback Survey

Course Feedback Survey

Certificate Final Exam

ECON103: Certificate Final Exam