“ Economics is like gravity: Ignore it and you will be in for some rude surprises. ”
The scene is strikingly familiar. At a large American university, a graduate student stands at the front of a grand lecture hall drawing graphs and equations on a chalkboard. He may speak proficient English; he may not. The material is dry and mathematical. Come exam time, students may be asked to derive a demand curve or differentiate a total cost function.
are you craving economics?
then join Charles Wheelan in this summary of Naked Economics: Undressing the Dismal Science.