{"id":146,"date":"2025-10-17T22:53:39","date_gmt":"2025-10-17T14:53:39","guid":{"rendered":"https:\/\/www.zhouzining.com\/?p=146"},"modified":"2025-10-17T22:53:39","modified_gmt":"2025-10-17T14:53:39","slug":"learning-reflection-economics-ess","status":"publish","type":"post","link":"https:\/\/www.zhouzining.com\/index.php\/2025\/10\/17\/learning-reflection-economics-ess\/","title":{"rendered":"Learning reflection-economics &amp; ESS"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"837\" height=\"1024\" src=\"https:\/\/www.zhouzining.com\/wp-content\/uploads\/2025\/10\/IMG_2903-837x1024.jpeg\" alt=\"\" class=\"wp-image-147\" srcset=\"https:\/\/www.zhouzining.com\/wp-content\/uploads\/2025\/10\/IMG_2903-837x1024.jpeg 837w, https:\/\/www.zhouzining.com\/wp-content\/uploads\/2025\/10\/IMG_2903-245x300.jpeg 245w, https:\/\/www.zhouzining.com\/wp-content\/uploads\/2025\/10\/IMG_2903-768x940.jpeg 768w, https:\/\/www.zhouzining.com\/wp-content\/uploads\/2025\/10\/IMG_2903-1255x1536.jpeg 1255w, https:\/\/www.zhouzining.com\/wp-content\/uploads\/2025\/10\/IMG_2903-1674x2048.jpeg 1674w\" sizes=\"auto, (max-width: 837px) 100vw, 837px\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"749\" height=\"1024\" src=\"https:\/\/www.zhouzining.com\/wp-content\/uploads\/2025\/10\/IMG_2904-749x1024.jpeg\" alt=\"\" class=\"wp-image-148\" srcset=\"https:\/\/www.zhouzining.com\/wp-content\/uploads\/2025\/10\/IMG_2904-749x1024.jpeg 749w, https:\/\/www.zhouzining.com\/wp-content\/uploads\/2025\/10\/IMG_2904-220x300.jpeg 220w, https:\/\/www.zhouzining.com\/wp-content\/uploads\/2025\/10\/IMG_2904-768x1049.jpeg 768w, https:\/\/www.zhouzining.com\/wp-content\/uploads\/2025\/10\/IMG_2904-1124x1536.jpeg 1124w, https:\/\/www.zhouzining.com\/wp-content\/uploads\/2025\/10\/IMG_2904-1499x2048.jpeg 1499w, https:\/\/www.zhouzining.com\/wp-content\/uploads\/2025\/10\/IMG_2904-scaled.jpeg 1874w\" sizes=\"auto, (max-width: 749px) 100vw, 749px\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"785\" height=\"1024\" src=\"https:\/\/www.zhouzining.com\/wp-content\/uploads\/2025\/10\/IMG_2905-785x1024.jpeg\" alt=\"\" class=\"wp-image-149\" srcset=\"https:\/\/www.zhouzining.com\/wp-content\/uploads\/2025\/10\/IMG_2905-785x1024.jpeg 785w, https:\/\/www.zhouzining.com\/wp-content\/uploads\/2025\/10\/IMG_2905-230x300.jpeg 230w, https:\/\/www.zhouzining.com\/wp-content\/uploads\/2025\/10\/IMG_2905-768x1002.jpeg 768w, https:\/\/www.zhouzining.com\/wp-content\/uploads\/2025\/10\/IMG_2905-1177x1536.jpeg 1177w, https:\/\/www.zhouzining.com\/wp-content\/uploads\/2025\/10\/IMG_2905-1570x2048.jpeg 1570w, https:\/\/www.zhouzining.com\/wp-content\/uploads\/2025\/10\/IMG_2905-scaled.jpeg 1962w\" sizes=\"auto, (max-width: 785px) 100vw, 785px\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"638\" src=\"https:\/\/www.zhouzining.com\/wp-content\/uploads\/2025\/10\/IMG_2906-1024x638.jpeg\" alt=\"\" class=\"wp-image-150\" srcset=\"https:\/\/www.zhouzining.com\/wp-content\/uploads\/2025\/10\/IMG_2906-1024x638.jpeg 1024w, https:\/\/www.zhouzining.com\/wp-content\/uploads\/2025\/10\/IMG_2906-300x187.jpeg 300w, https:\/\/www.zhouzining.com\/wp-content\/uploads\/2025\/10\/IMG_2906-768x479.jpeg 768w, https:\/\/www.zhouzining.com\/wp-content\/uploads\/2025\/10\/IMG_2906-1536x958.jpeg 1536w, https:\/\/www.zhouzining.com\/wp-content\/uploads\/2025\/10\/IMG_2906-2048x1277.jpeg 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>From what I have learned in ESS(Environmental system and society), a model is a simplified representation of reality. Economics simplifies real-world economic events into diagrams and frameworks\u2014such as the market structures we studied this week\u2014to help consumers and firms make more informed decisions. By breaking down complex interactions into understandable elements like supply, demand, competition, and pricing behavior, these models allow us to analyze how different market conditions affect outcomes. For example, understanding the differences between perfect competition, monopoly, and oligopoly helps companies formulate pricing strategies, while also enabling consumers to recognize market behaviors and make better choices. In this way, economic models serve as practical tools that bridge theory and real-life application.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>From what I have learned in ESS(Environmental system and society), a model is a simplified representation of reality. Economics simplifies real-world economic events into diagrams and frameworks\u2014such as the market structures we studied this week\u2014to help consumers and firms make more informed decisions. By breaking down complex interactions into understandable elements like supply, demand, competition,&hellip; <a class=\"more-link\" href=\"https:\/\/www.zhouzining.com\/index.php\/2025\/10\/17\/learning-reflection-economics-ess\/\">Continue reading <span class=\"screen-reader-text\">Learning reflection-economics &amp; ESS<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[31],"tags":[27,28,29,30],"class_list":["post-146","post","type-post","status-publish","format-standard","hentry","category-interdisciplinary-research","tag-economics-learning-reflection","tag-ess","tag-market-structure","tag-model","entry"],"_links":{"self":[{"href":"https:\/\/www.zhouzining.com\/index.php\/wp-json\/wp\/v2\/posts\/146","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.zhouzining.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.zhouzining.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.zhouzining.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.zhouzining.com\/index.php\/wp-json\/wp\/v2\/comments?post=146"}],"version-history":[{"count":1,"href":"https:\/\/www.zhouzining.com\/index.php\/wp-json\/wp\/v2\/posts\/146\/revisions"}],"predecessor-version":[{"id":151,"href":"https:\/\/www.zhouzining.com\/index.php\/wp-json\/wp\/v2\/posts\/146\/revisions\/151"}],"wp:attachment":[{"href":"https:\/\/www.zhouzining.com\/index.php\/wp-json\/wp\/v2\/media?parent=146"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.zhouzining.com\/index.php\/wp-json\/wp\/v2\/categories?post=146"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.zhouzining.com\/index.php\/wp-json\/wp\/v2\/tags?post=146"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}