3 ms·
The issue seems to be one of terminology. The questions on the exam (and thus topic of the course) appear to be about technical competence at a handful of skill
by IIAOPSW 2y ago
The issue seems to be one of terminology. The questions on the exam (and thus topic of the course) appear to be about technical competence at a handful of skills highly specific to the railroad industry. That's fine and valuable, but its not what most people would describe as "economics". I wouldn't expect the skills taught in an "economics" class to be concerned with the specific price of shipping a very particular bill of goods on a very specific line on a very particular railroad. I wouldn't expect "economics" to mean the fine grain details of the practical engineering challenges in laying out track. I would expect "economics" to mean some sort of underlying analysis of railroad pricing and capital expenditure practices.
- sedansesame 2y agoA notable and interesting example I remember of "economics" being used to refer to practical skills is in "Home Economics"[0], which actually has nothing to do with home prices or underlying theories about spending in households. It's practical skills in social care, meal prep, and basic maintenance relevant to on-the-ground families. [0] https://en.wikipedia.org/wiki/Home_economics https://en.wikipedia.org/wiki/Home_economics