Good thing I learnt that linearity in my chosen specialty only breaks down in the exotic circumstances of air, room temperature, 1 atm pressure, and distances of <0,5 m or >30 m.
never once in my economics education did they do that. not just because it’s easier to draw a curve than a straight line, but because the shape of the curve defines the type of good. maybe your economics education was just… bad?
Economics is just applied statistics with a little sociology mixed in
And simplified until linear relationships appear.
To be fair, my engineering degree also did this.
Good thing I learnt that linearity in my chosen specialty only breaks down in the exotic circumstances of air, room temperature, 1 atm pressure, and distances of <0,5 m or >30 m.
In college - Assume everything is linear
Later - Everything is not linear
Tell us you dont understand economics without telling us…
Supply demand curves are usually drawn with straight lines.
never once in my economics education did they do that. not just because it’s easier to draw a curve than a straight line, but because the shape of the curve defines the type of good. maybe your economics education was just… bad?
Type economics supply and demand curve into Google images for more data points than your personal experience.
ooo, everyday people (not economists) can put bad images up on the internet
This is from an encyclopedia. Here’s another
Did your economics training teach you to ignore data?
let’s talk about opportunity cost. did you learn that?
Economics is just fascist sociology.
maybe pay attention to more than chicago