In conclusion prior to the two day selling event, before we
conducted this event, we first planned the possible goods that we will sell and we came up with the idea of selling foods like fried oreo, graham balls, pastillas, and cupcakes but we could not do some of these because the management didn’t allow us to use electric stove because of the reason that there could be accidents that might occur during the activity.
It was fun designing our own cupcakes because we showed our
creativity not only as a student but also as an economist. Words could not describe the mixed emotions that I felt once I put those colourful icings on top of it while sprinkling it with my desired toppings like marshmallow or candy glitters. The good thing about this kind of group activity is that you see with your own naked eyes the effort and the eagerness of one another to earn and to maximize the profit that they would get right after the event. Also, there are social activities that happened during the selling event. Not only you exercise your business- handling skills but also you develop this kind of mutual interaction among your customers which are mostly students and what’s more, they are our schoolmates! So we tried our best to welcome them wholeheartedly. There are some who personally market their goods while some are good with persuading the customers around them to try and see for themselves the quality of good that they have to offer.
After conducting our section’s meeting for the final
product, the committee decided to sell cupcakes because it is more efficient and easy to put up. During the first day, we have gathered 16000 pesos which we will use for the #eKo seminar for ALS in Cabuyao. At first, we thought that the selling event was cancelled because there are no booths at the ETY building lobby as we go upstairs, we saw our group mates assigned with the aesthetic aspect of the booth and we agreed to assist them make the decoration for our booth. I thought that maybe the decoration would be a mess since the plan is not that perceived by the members and the budget constrains us from moving and performing our designated jobs especially when it comes to buying of the decoration that will be used to make the booth presentable. But as people put effort and cooperation into their mantras, we then realized our own objectives as participants of the event that is, to work as a team with overwhelming determination that comes from the undying spark of hope that maybe, we could do something for other people even if it’s just a pinch of what we are receiving right now.
While in the #eKo seminar for ALS in Cabuyao, the other
section conducted different topics in recycling packs of juice which can provide them their source of income. In the packs of juice they can make them into bags or into other useful apparels. These kind of items not only make you eco-friendly but creative as well because the materials that you are using came from the wrappers at which people easily discard right after they use it and there are tons of it in the collection of trashes. This tells us that being a wise economist doesn’t really rely on the things that are new. We, as aspiring scientists of our society, will try to come up with renewable sources of income that not only satisfies the thirst for profit but also maintains the resource of the raw materials. Because without considering the welfare of the resources, they may go extinct which will make the situation much worse by putting us in a condition where shortage and scarcity of input materials hinders the ability of an economy to prosper.
We therefore conclude that being an economist is a hard task but
it will make you to be a wise buyer and seller. To be able to have a big income you must be ready to give up something like what Miss Gannaban said before she sell her product she provides free taste for her buyer for them to know that the product is actually good and worth buying. We have applied all the topics we have learned in our lessons in economic like in how to balance the supply and demand of goods. In the even we also learned on how to think like an economist especially on the preference of the buyers and affordability of our product.