Essay 1 Final draft-Revised
The biggest decision that every soon-to-be college student has to make is choosing a profession. Whatever the choice a person makes, it will be the take-off towards a journey to a lifetime career. I am now undergoing the process and I can say that it is an enriching experience as I am compelled to know myself better. I was interested to several careers before but I am now resolute in choosing Economics. I stumbled to various kinds of college courses but I knew from the very beginning that my heart is already taken by the world of economics. Since high school, I love analyzing numbers, and I am awed to how the analysis of numbers can predict the future not only of my country but of the world. As an idealistic young adult, I am only too happy to help my country boost its economic prowess. As an ambitious and an optimist person, I always dream of having the immense power and command for respect that economists have.
Aside from my personal drive to take up economics, I also believe that economists have the power to change the persisting economic and social inequality. They have the power to influence how resources are used in order to bridge the gap of the rich and the poor. My observations and my readings tell me that despite the fast-changing economic situation brought by globalization, millions of people are left behind. It is only one percent of the World’s population that is soaring leaving behind the ninety-nine percent.
It is ironic that economies they said are advancing but the lives of people remains in peril. The core principle of economics that I know is how to utilize wealth for the improvement of people’s lives. However, it seems that it is not working that way.
On the other hand, my personal encounter with financial crisis primarily geared me to be interested in economics. It was in 1997 when the Asian Financial Crisis struck my home country in South Korea. It shook not only the life of my family, but the lives of countless households all over the country. I was still in elementary school when the crisis broke. I was too young to understand the details of the crisis nonetheless; I knew that Korea was going through its most difficult time in finance. It became the hottest issue in the media for a while. Many lost their jobs including my relatives and the parents of my friends.
I was also aware that the financial disaster was not confined to my country, but all over Asia. It was like a plague that was spreading in the region. I must admit that I was scared, but it became the catalyst for my interest in economics. Though South Korea and many other Asian Tiger countries recovered from the crisis, there are still many countries which have failed or resisted to “converge” with the more financially affluent nations. This remains a mystery that I am fascinated by, today.
I am currently in my second year at the De Anza College, where I have to choose my major. In the process of doing so, I have had to decide where my passions truly lie. I always wanted to help the poor and the marginalized. I thought of becoming a medical doctor to save the lives of those who cannot afford medication. However, I realized that medicine is not my cup of tea. Another realization that dawned on me was that, I will only be able to save a handful of people in the said profession. Further, an analysis struck me that it was not because of the lack of health workers that the societal problem persist, but because of the lack of universal access to basic necessities of life such as food and shelter, employment opportunities and healthcare. I was overwhelmed with the heart wrenching reality.
It was during my internship in a charity foundation that I firmly decided to be an economist rather than to be a medical doctor. I joined the internship because I found joy from helping the less fortunate. In the course of my internship, we were involved in selling consumer goods where the proceeds were used to purchase and send clothing, basic medicines and water-filtration pills to the children in the third world countries in Africa. I know that it was not the solution to eradicate the roots of poverty in the developing nations but it was meaningful. I am proud to have been part of it.
I also had the opportunity to interact with passionate economics graduates who enlightened me through discussions on why the common people are not benefitting from the economic advancements. After several discussions, I believe that globalization is double-bladed. It made the finance and trade systems easier. However, it has widened the gap of the rich and the poor. It is an economic system that benefitted the first world and squeezed the hungry people dry. I resolutely believe that an economist who has genuine hope for universal access and control to resources can make a significant change in the complex system.
Once I have decided on a profession, it was already easier to check on whether or not I have the right aptitude for studying economics. I received good grades in my academics thus far. Further, I love solving complex mathematical problems. Above all, I believe that what makes me truly unique is my passion for learning economics in order to improve the lives of those less fortunate and alleviate the global concern of inequality. I want to empower myself with the mental strength necessary to solve the great “economic mystery” of poverty and inequality.