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Macroeconomics: “Easy Key” Product for Campus Safety and Convenience

By Colin Boylan and Jonathan Noel, VI Form

 

Macroeconomics: “Easy Key” Product for Campus Safety and Convenience

Editor’s Note: As a final project in Macroeconomics, students had to find an issue within St. Mark’s and the world and then find the solution to it by “creating” a product. They had to find the costs associated with making the startup business, pitch the idea to Mr. Rob Calagione, and ask the venture capitalist for money in exchange for royalty.

On American educational campuses and specifically the St. Mark’s campus, campus safety and individual convenience are issues. All campus buildings are now being locked for safety reasons, but unfortunately, this is leaving students and faculty locked out of the buildings as well. Yes, key cards are a solution. However key cards are easily forgotten or lost, are likely to be broken, and are simply outdated. Our product, Easy Key, addresses both issues by providing students with a convenient way to access locked buildings in addition to allowing students to pay for school products. (more…)