Saturday, April 29, 2006

Economics Jokes

Explains why i like economics... =p

Unfunny Economists One-Liners!!!
(Mostly originals while a few are partial derivatives from jokes on the Net…)

1. Do not get into fights with economists. Beware of their invisible hand!
2. When you slip and fall down in the wet market, you know that the market is not in equilibrium.
3. We can assume anything under the sun and yet still get bad grades.
4. Economists have exotic taste. Their burgers come in all shapes and sizes (Hamburger Triangle). (From EC4351 Public Economics)
5. We can be classical economists and yet love rock music.
6. When you fall out of love, you know that it is just frictional and not structural (unemployment).
7. Do not marry economists. They promised you a lifetime but they only give you 2 periods. (From EC4102, Sinha Model)
8. Economists don’t like Lord of the Rings. They have Tobit, Logit, Probit but no Hobbit. (From EC3304 Econometrics II)
9. My JC Economics teacher is an agent. She always hides things from the principal. (From EC4321, Asymmetric Information)
10. If we eat too much, we say we are putting on weight. An economist would say endogenous growth. (EC4102 Macroeconomics III)
11. Econometrics is like a bikini. It shows what is important but hides what is vital.
12. Money makes better referee than humans do in a soccer match. They can be super neutral. (From EC4332 Money and Banking II)
13. Economists enjoy their lives. Chemists solve problems using experiments, physicians and mathematicians solve problems using Maths. Economists solve problems using models.
14. What motivates Solow to come up with his growth model? Because he is sick and tired of being so low.
15. I heard that the female economics lecturer is the hottest in Arts Faculty. All the students are lost in her curves (IS-LM).
16. My economics tutorials are in a steady state. They all get more and more disgusting at the same rate.
17. Why is literature a more power field as compared to economics? While economics have the invisible hand, literature has the invisible man!
18. There is a pile of shit on the floor outside LT14. No one takes ownership over it. Why? Because it’s so gross man! (EC4321, Grossman-Hart Formal Model of Ownership
19. Why economists never progress? It is because they like to do regression.
20. Which city do the economists like to live in? Elasti-city.
21. In order to profit maximize, Economists propose that everything should be Free of Charge. (FOC Condition)
22. What is economists’ favourite board game? Monopoly.

Enjoy! =)

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