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ZOMG MICRO ECONOMICS WTFFFF
hi bbv,
i have an allegedly difficult midterm on this topic tomorrow. i would appreciate your thoughts on: supply and demand elasticity aggregate demand curves social surplus & dead weight loss intertemporal consumption models why i am not 'cramming' (LOL) for this with hot chicks |
#2
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Re: ZOMG MICRO ECONOMICS WTFFFF
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#3
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Re: ZOMG MICRO ECONOMICS WTFFFF
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#4
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Re: ZOMG MICRO ECONOMICS WTFFFF
Seriously, though, I took microeconomics two years ago. I don't remember jack crap about it other than the unbelievably thick accent my professor had. I gave up trying to understand her and stopped going to class.
I wound up with an A. |
#5
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Re: ZOMG MICRO ECONOMICS WTFFFF
LoL wouldnt this be a lockable thread in OOT and Student Life?
BBV4L however welcomes you sir! |
#6
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Re: ZOMG MICRO ECONOMICS WTFFFF
im failing so i cant help you.
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#7
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Re: ZOMG MICRO ECONOMICS WTFFFF
Sometimes when I'm at a restaurant and I demand something loud enough, people "supply" it for me. Does that help?
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#8
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Re: ZOMG MICRO ECONOMICS WTFFFF
[ QUOTE ]
LoL wouldnt this be a lockable thread in OOT and Student Life? BBV4L however welcomes you sir! [/ QUOTE ] thank you, nice to be here |
#9
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Re: ZOMG MICRO ECONOMICS WTFFFF
[ QUOTE ]
hi bbv, i have an allegedly difficult midterm on this topic tomorrow. i would appreciate your thoughts on: supply and demand elasticity aggregate demand curves social surplus & dead weight loss intertemporal consumption models why i am not 'cramming' (LOL) for this with hot chicks [/ QUOTE ] i majored in econ. its super easy. Supply and Demand, just remember, Equilibrium occurs where S=D, if there is too much of one or the other, a surplus or deficit forms Elasticity %change P/% change in Q. land is perfectly inelastic. E=100000000000000000000, because no matter what the price change, there will be no change in quantity consumed. Stuff like wheat is very elastic, if someone sells wheat for a lot more than the other farmer, no one will buy it from him. E is near zero Aggregate Demand Curces, just add all the demand curves horizonally Social Surplus=Net benefit to society, this stuff is created when benefits of something outweight its costs, like giving money to people who live near airports to make them happy about their [censored] conditions Intermodal Consumption Models- Pretty sure this just means how consumption changes over time Remember, if you are ever confused, just remember when Marginal Cost=Marginal Benefit, we have achieved the efficient solution. Micro is so easy if you dont do well you are a moron. /serious post |
#10
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Re: ZOMG MICRO ECONOMICS WTFFFF
ur subjects are so easy o.o
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