Maybe, the way I think is really different from the Americans.

Yesterday in the Macroeconomics exam, there was one question: some student is working parttime in college now and earning very little, but he is promised ten times as much income as he has now upon graduation. Now he consumed everything he has and he cannot borrow due to credit constraint, so he couldnt throw the party that he hoped for. Then there were so many sub questions about what will change if he get an even higher pay after graduation? what if there is interest rate change...

The last sub question, it asked what would his choice be if his father gives him an extra amount of money. Of course I did the usual analysis and concluded that he will increase his current consumption... But the answer is "HE WILL THROW THE PARTY??!!"

That was not humiliating enough... When I talked to 宝蓝色 today, he answered immediately:"throw the party of course..." I was so discouraged by his common sense... Maybe that is why he is 宝蓝色？

Labels: eeks ECON

posted by panda xuan @ 12:49 AM