Monday, February 26, 2007

econ 101 | the laugh trip edition

since i am feeling economish today, i decided to post these jokes about economics and economists. if you dont know, i happen to be an economics major. believe it. i may not be able to maximize profit and utility that much but i am sure i love economics.
thanks to nico c. (",) ( http://www.prickster.livejournal.com/friends )

Q and A thinggy
Q: What is economics?
A: Everything we know in a language we don't understand.

Q: What's the difference between a finance major and an economics major?
A: Opportunity Cost

Q: What is The First Law of Economists?
A: For every economist, there exists an equal and opposite economist.
Q: What is The Second Law of Economists?
A: They're both wrong.

Q: How many economists does it take to change a lightbulb?
A: Eight. One to screw it in and seven to hold everything else constant.
A2: Just one, but it really gets screwed.

Q: How many marxists does it take to screw in a lightbulb?
A: None - the bulb contains within it the seeds of its own revolution.

Q: How has the French revolution affected the world economy?
A: It's too early to say.

Pick-up Lines for Economists

1. A loaf of bread, a jug of wine and thou beside me watching Rukeyser
2. You stoke the animal spirits of my market
3. Let's assume a ritzy hotel room and a bottle of Dom
4. Tell me whether my expectations are rational
5. Further stimulus could result in uncontrolled expansion
6. Let's raise housing starts together
7. You bring the butter, I'll bring the gun
8. What do you say we remeasure our cross-elasticity
9. Despite a decade of inflation, I still dig your supply curve
10. You raise my interest rate thirty basis points without a corresponding dropoff in consumer enthusiasm

If debaters do it "orally in public in groups"...

- Economists do it in an Edgeworth Box
- Economists do it on demand
- Economists do it risk-free
- Economists do it with a dual
- Economists do it with crystal balls
- Economists do it with interest
- Economists do it with models
- Economists do it on Leontief's table
- Economists do it with Slutsky matrices



{/Pluto got paranoid at around 5:00 PM} :: permalink ::

3 Comments:

Anonymous andianka said...

oh my... i think the economist / economy majors would love this. i did also but only because of common sense. mostly i just got the sense because i understood the familiarity of the words.

you left me hanging in between laughing and wondering, wait, let me read that again. (hahahahahaha!)

6:02 AM  
Blogger Donya Quixote said...

hahahahaha that just made my day. :D

10:13 AM  
Blogger remrick said...

strangely, it isn't very funny... the last part is a bit coarse, and all the other jokes seem to be intended at making fun of economists and economics in general...
my fave was the marxist-lightbulb joke...
oh well, to each his own humor...

3:37 PM  

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