econs in real life
September 12, 2010 at 3:02 am (in my quirky head, metaphors, musings)
today i tried to mug as much JC Econs as i could since i’m taking an econs module this sem and i am up against a bell curve populated with battle-hardened pre-u econs students. the afternoon was basically me studying my econs and stanford studying his math, periodically punctuated by questions about the definition of a term in economics, demands of proof for a mathematical theorem, and inquiries about stanford’s secret (oops) romantic congress with a local girl.
from what i have surmised about opportunity costs and markets, i tried to explain to stanford what an ‘open relationship’ meant. So here’s what i told him:
“An open relationship is like when you are consuming this good but the good knows that if a better good penetrates your market, then the old good becomes opportunity cost.”
I have no idea how accurate that explanation was, what with my shallow understanding of the nuances of economic terms, although i received an enlightened ‘oh’ accompanied by the brightening and widening of my friend’s eyes.
but as much as i would like to feel good about myself for being able to ‘apply’ economic theories to real life scenarios (an exercise which econs zealots relentlessly tell me is FUN), i feel very disturbed by the fact that that was probably my highest academic achievement of the day.
