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I've been taking macroeconomics and one of the questions asked, "Do you think this is a good model to explain this phenomenon?" My answer? "If a two variable

by gohat 16y ago

I've been taking macroeconomics and one of the questions asked, "Do you think this is a good model to explain this phenomenon?" My answer? "If a two variable equation can explain things that PhD/MBA's with 20+ years experience don't get, yes." Economics is very valuable but, imo, mostly on a higher level.

bpeters 16y ago
The micro graph was not designed to be an exact science to the phenomena that occurs with group-buying. It was added to give the reader a visual representation of my overall argument towards Groupon. There are no data points, it is merely a tool to show what I was saying.