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Thread: to god / people who know economics

  1. #1
    Registered Users Regular Rayne's Avatar
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    Default to god / people who know economics

    what is the difference between micro and macroeconomics and if one wants to study economics with what should they start

  2. #2
    Furry Authority RedCheetah's Avatar
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    Macroeconomics is the study of a system or systems, microeconomics is the study of an individual or relationships between individuals within a given system.

    If you want to start learning about economics, spend 5 minutes asking a poor person, a middle class person, and a wealthy person what they know about how money works and come to your own conclusions.
    "A human being should be able to change a diaper, plan an invasion, butcher a hog, conn a ship, design a building, write a sonnet, balance accounts, build a wall, set a bone, comfort the dying, take orders, give orders, cooperate, act alone, solve equations, analyze a new problem, pitch manure, program a computer, cook a tasty meal, fight efficiently, die gallantly. Specialization is for insects." - Time Enough For Love, by Robert Heinlein

  3. #3
    Registered Users Regular Rayne's Avatar
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    that would involve going outside

  4. #4
    Furry Authority RedCheetah's Avatar
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    Also, Keynesianism isn't what people seem to think it is. It's an entirely valid form of economic theory involving manipulation of credit that, like everything else, gets railroaded by politics.
    "A human being should be able to change a diaper, plan an invasion, butcher a hog, conn a ship, design a building, write a sonnet, balance accounts, build a wall, set a bone, comfort the dying, take orders, give orders, cooperate, act alone, solve equations, analyze a new problem, pitch manure, program a computer, cook a tasty meal, fight efficiently, die gallantly. Specialization is for insects." - Time Enough For Love, by Robert Heinlein

  5. #5
    is good for you
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    Random rant on Keynes brought to you by RC

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    Defenestration is imminent pichubro's Avatar
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    I have a basic understanding of economics but I hate the subject due to my Econ teacher last year. The single worse teacher I have ever made contact with. Ruined the whole field for me.

  7. #7
    Vanity of vanities, all is vanity Hicky's Avatar
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    Economics in general is in my opinion not worth studying. Sure it's interesting but the people who specialise in it seem to think it's paramount and surpasses everything in its validity as a field of study.

  8. #8
    Registered Users Regular Rayne's Avatar
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    because the people who specialise in it put it on a pedestal doesnt mean its not worth studying

  9. #9
    Vanity of vanities, all is vanity Hicky's Avatar
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    I suppose not

    I have been incapable of rational argument for the past two days

  10. #10
    Vanity of vanities, all is vanity Hicky's Avatar
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    I have no evidence to back that up

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