Friday, March 13, 2009

TOP 10 REASONS TO STUDY ECONOMICS

Dear readers, Turtle is running out of ideas to blog after posting serious stuffs whole week. Thought of just pluck some jokes to wrap up this week. I've taken a few econ papers during schooling days, mostly passing one grade above 'F'. Despite of my uninspiring achievements, I still want encourage young man/woman to take at least one paper on economics. The top 10 reasons are:-

1. Economists are armed and dangerous: "Watch out for our invisible hands."

2. Economists can supply it on demand.

3. You can talk about money without every having to make any.

4. You get to say "trickle down" with a straight face.

5. Mick Jagger and Arnold Schwarzenegger both studied economics and look how they turned out.

6. When you are in the unemployment line, at least you will know why you are there.

7. If you rearrange the letters in "ECONOMICS", you get "COMIC NOSE".

8. Although ethics teaches that virtue is its own reward, in economics we get taught that reward is its own virtue.

9. When you get drunk, you can tell everyone that you are just researching the law of diminishing marginal utility.

10. When you call 1-900-LUV-ECON and get Kandi Keynes, you will have something to talk about.


For more advance readers:

Engineers and scientists will never make as much money as business executives. Now a rigorous mathematical proof that explains why this is true:

Postulate 1: Knowledge is Power.
Postulate 2: Time is Money.

As every engineer knows,

Work
---------- = Power
Time

Since Knowledge = Power, and Time =Money, we have

Work
--------- = Knowledge
Money

Solving for Money, we get:

Work
----------- = Money
Knowledge

Thus, as Knowledge approaches zero, Money approaches infinity regardless of the Work done.

Conclusion: The Less you Know, the more money you Make.



Cheers!

No comments: