Well, when we started this program, we had come across the research done on Monkeys - on how they react violently if they are given low grade reward [food] than others in the cage-next-door after doing the same work.
Today in the economics class, we were introduced to a research on Pigeons, on how they kept improving their flight time and delivering letters when the food quality was on rise, and then stopped flying after they started getting "good-enough" food. This was basically to concur on the fact that people usually start working less when they are paid a really high salary e.g. answer this - if you are getting 100,000 USD per hour, will you really work for 10 hours a day? :-)
Anyways, interesting economics class today discussing how aggregate demand and aggregate supply eventually makes macro economics study turn towards the micro economics tools.
Before that we had Financial Accounting with revision of many more key concepts and some real life examples that Garen gave. And yes, the first class today was of Entreprenerial Management - As I got late for class today, I was the one who prepared the 'minutes of meeting' for this class, as per Rachida's rules :-)
Stayed back in school to study for the finals and came home after having a sumptous dinner with Nishant, Harshit and Akash - It all started sometime last week, when Shalabh invited me in to Akash's place to have food together with the group and since then, I have been with these friends, all cooking and eating together, more often than I have cooked at home. Having a group of people to eat together with, is a great experience in itself :-)
Today in the economics class, we were introduced to a research on Pigeons, on how they kept improving their flight time and delivering letters when the food quality was on rise, and then stopped flying after they started getting "good-enough" food. This was basically to concur on the fact that people usually start working less when they are paid a really high salary e.g. answer this - if you are getting 100,000 USD per hour, will you really work for 10 hours a day? :-)
Anyways, interesting economics class today discussing how aggregate demand and aggregate supply eventually makes macro economics study turn towards the micro economics tools.
Before that we had Financial Accounting with revision of many more key concepts and some real life examples that Garen gave. And yes, the first class today was of Entreprenerial Management - As I got late for class today, I was the one who prepared the 'minutes of meeting' for this class, as per Rachida's rules :-)
Stayed back in school to study for the finals and came home after having a sumptous dinner with Nishant, Harshit and Akash - It all started sometime last week, when Shalabh invited me in to Akash's place to have food together with the group and since then, I have been with these friends, all cooking and eating together, more often than I have cooked at home. Having a group of people to eat together with, is a great experience in itself :-)
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