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The impact of opportunity cost on personal and professional life
Evaluating the benefits and drawbacks of different choices
Understanding the concept of opportunity cost
There are many situations where we can behave flexibly but can't claim to have a deep understanding—for example, teaching someone how to tread water.
Alternatively, we may think that explanation, and not action, is the key principle. For example, the Feynman Technique is an example of a tool that aims at self-explanation as the way to understand something. But, it is not complete, as understanding can always deepen.
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Understanding can also be the ability to visualise or simulate what's happening in a concrete problem.
These kinds of simulations played a vital role in the achievements of Albert Einstein and Richard Feynman.
We all know the difference between memorising something we don't understand and the satisfaction of genuinely understanding something.
To understand what it means to understand something is less clear. There are a few possibilities of what understanding mig...
We may view understanding as noticing deeper principles - the broad patterns that underlie an issue. Understanding is then a mental process rather than an outward result.
Research shows that novices view physics problems in terms of superficial deta...
There is no singular process behind understanding.
To understand something means having many connections between it and its related ideas.
We develop understanding by drawing relationships between what we already understand and what we are trying to understand. Analogies, metaphors, visualisations and assoc...
To understand something means to be able to apply it and various ways. Understanding chess means being able to play well from a variety of different positions. Understanding algebra means solving a wide range of algebra problems.
Experts seem to rely on having man...
Spending a large amount of time with someone literally causes you to pick up their habits. Choose your friends wisely.
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