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when the lecture notes mock you

from my managerial economics class:

To maximize output at a given cost, we simply define our input bundle at the point where the isocost line intersects with the isoquant of the highest possible quantity.

after reading this a couple times, i actually understand what’s happening, but i think the “simply” here is plain rude. in general, these are pretty terrible notes. i’ve found myself going to wikipedia occasionally for definitions. that’s not right.

14 Responses to “ when the lecture notes mock you ”

  1. Russell Heimlich said:

    This is what “simply” means…

    1) Confuse the fuck out of whoever you deal with
    2) Profit!

    This is how all business is done.

    You’re merely learning techniques to utterly confuse whoever you do business with in the hopes you can stick it to ’em and profit.

  2. Tom Harkin said:

    I just laughed out loud. In fact, I’m still laughing.

  3. Bailey said:

    Wikipedia and Wolfram got me through West Point, and, dammit, they’ll get me through Georgetown.

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