REFLECTION: My Midterm Journey: Exploring Economic Thought and the Quest for Wealth

 A. What you have collectively learned during the Midterm in this Course;

    I learned a lot about economic thought and the development of economic theories during this course's midterm, primarily through focusing on "The Worldly Philosophers" by Robert L. Heilbroner, particularly chapters 1 to 5. These chapters examined the core principles of some of history's most important economists, including David Ricardo, John Stuart Mill, and Thomas Malthus. I learned about the evolution of economic theories, from the early mercantilists through the classical economists, and how these concepts have influenced how we currently approach economics. These foundational chapters made it easier for me to understand the conceptual and historical foundations of modern economics, notably their perspectives on wealth and its accumulation. I've grown to understand how money was a major issue in these economists' writings and how their views on wealth, its sources, and distribution still have an impact on contemporary economic conversation.

 B. Explain briefly your uploaded Learning Evidences.

Part A: Timeline Learning Evidence

    For my Timeline, I explored the evolution of Classical Economic Thought and the significant contexts of the times that classical economists lived in. In the upper part of my Timeline, I provided information about each of the four key classical economists – Adam Smith, David Ricardo, Thomas Malthus, and John Stuart Mill. I summarized their key ideas and offered one-line explanations to make these ideas more accessible.

    In the lower part of the Timeline, I indicated the significant events and dates that could have influenced each economist's key ideas. This helped me connect their economic theories to the historical backdrop in which they lived, such as wars, industrialization, and political changes. The goal was to show the interplay between these historical events and the development of classical economic thought.

Part B: Infographic Learning Evidence

    For my Infographic, I aimed to visually represent how classical economists viewed wealth, what constituted it, and how it could be attained. I wanted to highlight both the differences and similarities between the perspectives of Adam Smith, David Ricardo, Thomas Malthus, and John Stuart Mill.

    I used creative design elements to make the information engaging and easy to understand. Each economist's view on wealth, constituents of wealth, and the means to attain it were clearly presented, allowing for quick comparisons. This exercise deepened my understanding of classical economic thought and how these thinkers approached wealth and economic systems differently.

    In both the Timeline and Infographic, my goal was to not only convey historical and economic information but also to encourage a deeper understanding of classical economists and their enduring impact on economic theory.