Wednesday, June 1, 2011

Economics is sooo much fun !!!

Economic Profit is not the same as Accounting Profit and Economic Investment is not the same as Financial Investment... how do you like that?!

Economics is sooo much fun! I had heard about the term GDP a gazillion times, but finally learnt about it today in class. Economics in many ways teaches you about life and gives you confidence to just... exist in the world full of business jargons. Finally the business section of newspapers make sense. Frikkin' awesome!

Here is an extra nugget (that has a lot of people confused):
Advertising is not the same as Marketing and Accounting is not the same as Book keeping. Yeeee Haw! :)

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