Econ of Organizations was a class I had been interested since the class catalog had come out. After reading through the descriptions of the various Econ 490 classes, I chose this section out of pure interest in the topic rather then academic curricula requirements. My main take away from this class would probably have to be insurance. Prior to this course, I had felt that I did not know much background or information in the applicable business area, knowing more of the economic theories and mechanics. However, after learning about how fair insurance is priced and the categories of insurees, I feel more confidant in my knowledge on the subject. This actually helps me out in my search to figure out what I'd like to do with my degree. With this additional information I believe I'll be able to consider the insurance and financial field more seriously.
As for the structure of the class, I liked how there were various modes of learning, online blogging, excel homeworks, and in class lectures. However, I particularly, am not an audio learner, so when it came to the class time lectures and discussions, I found myself unable to connect with the material and format. This wasn't too big of a problem though, because the blogging and excel homework and textbook combined still gave me amble material to learn from. I really do appreciate how attendance and participation were not mandatory, giving people, who similar to me, learn in different ways, the freedom to learn the material to the best of their abilities in their chosen ways.
When it came to the online blogging and excel homeworks, I felt that the material coincided well and helped me add more value to the topics. Blogging was done after I had read through the prompt a couple times and mulled it over for a day or two. Excel homeworks, however, were done on the spot and all in one sitting. At the beginning of the class I did not take notes while doing the excel homework, which turned out to be detrimental to me when it came to studying for the final. So after midterm 1, I began to take notes on the reading in my notebook while going through the homework. This helped tremendously and guided me through my thought process as I completed each excel file.
Economics of Organizations turned out to much more discussion based than I had thought the class would be. While this didn't turn out to my benefit due to my learning style, I think that classes formatted in this way can be quite beneficial and fun for students with this type of learning interest. The exams were quite a curveball, especially the first exam, as the material covered in the course tends to focus on various supplemental topics, however, if grading is scaled and based on improvement, I think overall this course is a fun interesting class that adds great benefit to economic students' college career.
