Thursday, April 25, 2013

Topic 10: How to Boost My "GDP"


Productivity refers to the ratio of the amount of output produced to the amount of input. It means how many products a labor can produce. There are 3 factors that could contribute to the economic productivity: quality of labor, technology and innovation, and energy costs in the financial market. As a student, increase one’s productivity by the quality of labor. Increase the quality of students means that they should gain more human capital such as paying attention in class, reviewing after learning, and going to cram schools. Paying attention and reviewing enable students that they are processing and retrieving the information. Going to cram school makes sure the students can re-learn everything just in case they missed it in class. Students could also increase their productivity through the use of advanced technology. For example, computer is one of the equipment students now have to take with them. Computer and internet bring convenience to information research and discussion. Comparing to go to a library and search for books, computer is much quicker, allowing the students to do more work in a less time. Lastly, students can enhance their productivity by lower energy costs. Lower energy cost indicates that students can use electricity for a longer time. Students can study comfortably in a room with air conditioner, sufficient light…etc.

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