Showing posts with label obscure economics textbook. Show all posts
Showing posts with label obscure economics textbook. Show all posts

Wednesday, July 8, 2009

filler

I want to post. There are all manner of things going through my head these days. I'm quite busy with school. Statistics (or as my father says, "sadistics") is currently being very fun. It's like a big logic puzzle. I get stuff wrong sometimes, but that just adds to the challenge.

Economics, on the other hand, is a pain in the tokus. The book is horrid. Obscure. Here's an example from my reading tonight. The subject is market demand for labor.
In such a case, how is the demand for labor by one firm linked to the demand for labor by all firms? If your common sense suggests that all that must be done is to sum the individual firm demands, then you are right. The procedure is quite simple; for each wage, each individual firm's quantity demanded is added to the quantity demanded by all of the other firms to form the quantity demanded of labor by all firms. In this way, the demand for labor by all employers may be thought of as the summation of the individual demands for labor by the individual employers in the economy.* **
Are there any economic wizards out there? Does anyone reading this post have an easy working knowledge of basic economic principles? I ask because I'd like an informed opinion about this text. Is it really as muddled as it seems, or am I the only one having trouble deciphering it? Also, can anyone direct me to a source that explains this stuff in a way that human beings can easily understand?

Twitch goes off to college on Friday. I'm driving him to Charlotte, NC where he will move into an apartment near the campus. He will have three roommates in a two bedroom apartment, unless he is assigned to a three bedroom apartment, in which case there will be five other roommates. I hope he gets a two bedroom unit. He isn't the easiest guy to live with. "Quirky" doesn't come close to describing him. "Twitchy" does, though. He talks to himself very loudly, carrying on involved conversations with himself. He talks in his sleep, very loudly. And...

Well, this is all about him growing up and learning to survive in the real world. I'm not going to worry (much) about what he might encounter. It will be a powerful learning experience, I'm sure.

I am sleep-deprived. I could write a lot more, but I really need to shut this box down and go to sleep. I have lots of homework to do tomorrow, then a very long day Friday transporting the boy to his new digs. I have stuff to relate about Sproing and Diva, none of it especially surprising and all of it very consistent with the track they have been on now for a very long time. The cats continue to amuse us. Light is enlightening. She cleaned the living room, mopped the floor yesterday. It was very exciting. Right now my butt hurts from sitting here too long, and I'm soooo tired. I don't know when I'll post next; things are typically chaotic. Just know that I want to post more often than I do.


*If you are interested in the bibliographical information, send me an email and I'll be glad to tell you. I'm omitting it here to a) protect the identity of the guilty parties and b) attempt to stay under the search engine radar.
**This passage gets more confusing each time I read it.