An Economic Approach to Surfing
The following represents a specified depiction of a typical day of surfing for me, in a manner described using economic terminology. Although there are many definitions of surfing these days, including surfing the internet, surfing departments stores, magazine surfing, etc., we will focus on the meaning of surfing as it was originally intended, defined as “The water sport of riding the surf into shore” (Webster’s New World Dictionary, p.739) Using this, I will recount a surf trip a friend and I made to the beach a few years ago, beginning and ending at my home in Valley Center California. The Events I experienced will be depicted using primarily economic concepts. What would seem like ordinary events will be portrayed using an economic microscope of interpretation. It is five A.M. on a scorching Saturday morning in the summer of 1998, and I am awakened by the unpleasant sound of my alarm clock. Now you may be wondering why I am crazy enough to wake up this early on a Saturday, but for the dedicated surfer it is a necessity that one must take in order to maximize utility. Utility is defined as “A measure of the satisfaction, happiness, or benefit that results from the consumption of a good
. . .
Some common words found in the essay are:
Leucadia California, Diego California, California Events, Marginal Utility, Despite Blakes, Valley Center, Approach Surfing, Paribus Blake, Diminishing Marginal, Blake Blake, marginal utility, diminishing marginal utility, terms costs benefits, optimum level, level surfing, surf day, terms costs, costs benefits, law diminishing marginal, diminishing marginal, optimum level surfing, law diminishing, receive disutility, road space, available streets freeways,
Approximate Word count = 3105
Approximate Pages = 12 (250 words per page double spaced)
|
 |