After encountering both the opulence of Kuwait and Europe and the extreme poverty of Africa, through my travels, I became aware of the inequalities that exist everywhere within and between countries. Witnessing poverty in rural Egypt during my volunteer work this summer, I recognized that eradicating this inequality was not only economically sound but a moral imperative. With a better understanding of the forces, policies and dynamics driving a fundamental transformation of the global economy, I hope to contribute to this. Being shocked by the unequal distribution of wealth in Egypt, my home country, I have studied its economic and financial state over the years. years. I developed an in-depth understanding of how events such as the political instability of the 2011 revolution were directly reflected in the performance of the macroeconomy and the direction of the country's fiscal policy. Returning to the ideas introduced by the physiocrats has proven vital in grasping the foundations of modern macroeconomics. Through my background, I was able to connect their idea of ​​nations deriving their economic wealth from nature to Egypt's dependence on its agricultural sector. Say no to plagiarism. Get a tailor-made essay on "Why Violent Video Games Shouldn't Be Banned"? Get an original essay My belief in the effect of psychological factors on the economic decision making of individuals led me to delve into behavioral economics. After being introduced to game theory from Yale University's online classes and reading "The Prisoner's Dilemma" by William Poundstone, my decision-making and strategic reasoning skills improved significantly. Studying concepts like Nash Equilibrium helped me understand that presidential elections are nothing more than a game in which two players must make rational and independent decisions in a non-cooperative situation. The opportunity to delve deeper into the use of theories in interpreting why and how the economy behaves, especially as unemployment and inflation changes, is what drove me to study economics. Reading books like “The Wealth and Poverty of Nations” by David Landes made me understand how the gap between rich and poor nations of different time periods has widened and why some countries continue to have more resources than others. Another book addressing the issue of global wealth inequality that I explored quite deeply was The End of Poverty: Economic Possibilities for Our Time by Jeffrey Sachs. Sachs' detailed plan, which depends largely on international aid to help the poorest people climb the first rungs on the development ladder, initially seemed convincing. While actual aid delivered, delivered in the right context, for example by investing in improving necessary infrastructure, healthcare or education, can provide essential assistance to people in need, it cannot “create” development for poor nations. Instead, this has often been achieved, as seen in China's return to the global economy, emerging as a strong driver for global economic development, through dialogue with markets and reform of international trade policies. Please note: this is just an example. Get an article customization now from our expert writers. Get a custom essay Studying A-level physics has helped me develop my problem solving and analytical skills, allowing me to test new ideas, as well as question and investigate theories. Being rewarded for mine..