University Question - On Economics

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University Question - On Economics

Postby Drizzt on Tue Jan 21, 2014 2:16 pm

Currently this year I've been taking several business courses and I'm enrolled in Macroeconomics at the moment. Out of curiosity to anyone who has taken any economics courses what did you think of Macro in comparison to say Micro? Open to debate what was your preference?

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Re: University Question - On Economics

Postby aradorasxeon on Tue Jan 21, 2014 2:57 pm

LOL what a coincidene I am taking an exam on it tomorrow. I hate this subject, since I am engineer.

I had time to review micro and i kind of understand the basics of it, i didn't really have time for macro, so it seems much more complicated right now, and it had a shittier note. But theoritecaly macro is easier in regards of math, because it has simpler equations.
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Re: University Question - On Economics

Postby Magyk on Tue Jan 21, 2014 3:10 pm

I've taken a few classes on both, but nothing really in-depth since it's not my forte. I preferred macroeconomics purely because I also enjoyed the political decisions that almost always go hand-in-hand with the decisions of large governing bodies.
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Re: University Question - On Economics

Postby Drizzt on Tue Jan 21, 2014 6:31 pm

Oh I see, Yes I took Micro last semester and its very in depth compared to Macro apparently. Think more along the lines of individual households/business for micro, States, Regions and Nations for Macro (Global<). I really enjoyed micro albeit it was rather difficult at times when it came to elasticity and those chapters shortly after.


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Re: University Question - On Economics

Postby Ramshi on Tue Jan 21, 2014 6:35 pm

macro > micro
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Re: University Question - On Economics

Postby MajorMajor on Fri Jan 24, 2014 2:52 pm

I've only taken micro. It wasn't that difficult. Basically, its about individual self-interest and how that adds up to different trends in the overall system. One of the things we did was about how there are fish in a lake and everyone is a fisherman then we had to fish the lake in the simulation. Object being to make the most money we could make. What happens? There aren't many fish left in the lake. Rather than having a sustained income everyone fished it out to get the most they could in the least amount of time. Thats just one example of something we did. There were other simulations, some having to do with oil (my professor was Iranian). Basically, all I had to do was pay attention and memorize what the charts with the curves were some vocabulary.
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Re: University Question - On Economics

Postby AmericanFool on Sat Jan 25, 2014 1:08 am

^Tragedy of the Commons.
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