Economics explained

[delanvital]

Might not be fun for all...

http://www.boreme.com/boreme/funny-2007/principles-of-economics-p1.php

[Gone_Away]

Out of all of my finance courses, economics interested me a great deal.
 
It's amazing how the governement and the BOE can influence the economy.. As I'm involved in multicurrency deals / businesses I always watch what is going on in the political stage as it has a definate impact on currencies. Cool stuff..
 
NF

[Bob]

Us engineers, both here at the uni and at the college where I took my bachelor, a hard day would lighten up if we just joked around about the not-too-bright economists - at least in our narrow point of view

Loved that one - just helped prove my point :roflmao:

[delanvital]

Us engineers, both here at the uni and at the college where I took my bachelor, a hard day would lighten up if we just joked around about the not-too-bright economists - at least in our narrow point of view

Loved that one - just helped prove my point :roflmao:

Kinda why I chose not to do a Ph.D. Let us say some guy developed a famous theory, which actually has some good points and might not assume two thousand things. I.e. it is applicable. Then some other guy critises that, then another critises his and so on. And at some point they end up with models that are based on so many assumptions. And models that are developed as a response to other theory - not as a response to what RL wants and needs... Researchers become so theoretical that they forget that there is no point in this research if it can never be tested or at least used empirically...

[Le Rouge]

:roflmao:
a great find. I am actually an economist (and an attorney) so I found it to be very funny, yet accurate. I think this is especially applicable to Economic Analysis of Law, which most of it is total BS imho.