Independent Component 2

(a) Include this statement: “I, student name, affirm that I completed my independent component which represents 61 hr 30 of work.”
(b) Cite your source regarding who or what article or book helped you complete the independent component.

What helped my complete my independent component was my professor and my principles of economics textbook

(c) Update your Independent Component 2 Log (which should be under your Senior Project Hours link)

(d) Explain what you completed.    

I took a class on economics, specifically microeconomics at Cal Poly Pomona

(e) Defend your work and explain the component's significance and how it demonstrates 30 hours of work.   Provide evidence (photos, transcript, art work, videos, etc) of the 30 hours of work.   

Microeconomics a lot explained on how businesses and individual work and function in order to create more money or a revenue. It is well above 30 hrs of work as i went to class twice a week for almost 2 hours plus spending 2+ hours on the weekend studying and working on my class

(f)How did the component help you answer your EQ? Please include specific examples to illustrate how it helped. 

This component helped me because it gave me an unerstanding of why loan officers do things for a reason. An example is opportuntity cost. A loan officer won't give up an opportuntity to llock in a rate (which is my second answer) too late or else the client may end up paying more