My econ professors were very explicit that there was no "math" associated with econ. We never learned a single formula. We did learn graphs, but with the emphasis that the graphs have no numerical values on them, only that they indicate trends.
You’d think this would click for them that what they’re saying is bullshit. If this is real, why don’t you have any real numbers to back it up? Why is it all “trends” that don’t actually ever line up with reality?
My econ professors were very explicit that there was no "math" associated with econ. We never learned a single formula. We did learn graphs, but with the emphasis that the graphs have no numerical values on them, only that they indicate trends.
if they could find real-number examples for their theoretical graphs, they'd have incorporated them into the lecture by now.
Economist: "And if you look here, I'm going to draw a line on this piece of paper. This line is intuitively correct."
Student: "So it's reflected in the real world data?"
Economist: "Well no..."
Student: "Oh, is it the result of an experiment performed in ideal conditions?"
Economist: "Er, those actually say something else..."
Student: "Oh. So where does it come from?"
Economist: "Some guy 50 years ago said it had good vibes, so we just go with this."
i feel like it would genuinely kill most math professors to find this out.
American?
:amerikkka-clap:
You’d think this would click for them that what they’re saying is bullshit. If this is real, why don’t you have any real numbers to back it up? Why is it all “trends” that don’t actually ever line up with reality?
They will lose their jobs I guess.