The times when everything did not have to make sense... Its about the situations, the conditions, the hypocrisy, the tolerance, the madness and our own unimaginable cruelty to mankind. As i said... its about the times when not many things made sense.. and neither did History till then.... but always hoping that someday our future will.

Search Human Times

Wednesday, July 18, 2007

The curves of economics


I don't know about the rest of you.. but whenever I think about economics.. the only thing that comes to my mind is the curves. The Demand Supply Curve, The Price curve, The Cost curve, The Marginal Utility Curve and The Phillips Curve. Now this could be easily taken as the flirting curve, but to be honest, i think the only thing that made any sense in economics to me were the Curves. Now this is not to take anything away from such an interesting subject, but everything was explained in curves in economics. Maybe I saw it that way cause it never interested me much studying then.
Anyways, how would anyone have understood economics without curves. Please its required.

Now Why am talking about this.....??? No reason at all. It just a thought about the subject, which has so much significance in our lives and all I can really remember about it after studying for 3 years (graduation) and 2 years (MBA) is curves.

Was game theory part of economics?

So tell me, all those NOT done majors in economics and had the chance in life to study it.. what does the subject really remind you of? Comments are welcome.

Yes, this is a random post like all the others and bears no resemblance to anyone living or dead. Just wait till I write about statistics !!!

6 comments:

Unknown said...

why exactly did ya write this blog..anyways its so very true abt those curves i mean economics

IrShAd said...

good to know you agree.. :)
It was just a thought....

khan said...

economics...whoaaa..reminds me of consistently topping in grad days (economics paper)..collecting certificates...applause...embarassment( nw since m done flaunting) :P
..post grad days reminds of prof rege..early morns..bunking..canteen..badi waali chai..and more :)

P.S.wat the hell...of course game theory is part of eco..after alll hw does the intl oil pricing model works and hw cartels are formed?? *tsk tsk* well, this reminds me its been ages since i saw a beautiful mind!!!

IrShAd said...

i dont remember Prof. Rege ke lectures early morning.. just cause i wasnt there.. I preferred sleeping at home rather than in his class... :)
I think i always joined u guys for tea....

And finally i appreciate your comment coming *NOT* as Anonymous. So finally chiperamends.. huh!!!

Katz said...

..I had economics in 10th and MCA(sem 1) but I never understood it, not even the curves.. wonder how you could remember all the names of the curves??.. I dunno how did I clear that subject..

And yeah we had Mr.Rege for Economics too, guess he would be the same person.. or else I could be all Mr. Rege's love to teach Economics..

IrShAd said...

hmm... i wonder how u passed in rest of the subjects as well...

*still wondering*