Editor: Thomas A. Smith
Thursday, December 17, 2009
By Mike Rappaport
Listed below are links to weblogs that reference Why Studying Law is So HardMike Rappaport:
Econ's tough that way too. If the price of widget has risen, what can we say about movements in the supply and demand curve? Answer: *Either* supply has shifted up or demand shifted up, or both. That's a tough answer for students to grasp.
(Second part: what data would help you pin down what happened? --Answer--what happened to quantity will help some. )
Posted by: Eric Rasmusen | Dec 17, 2009 7:28:25 PM
Studying law is hard?
Posted by: Dan Simon | Dec 17, 2009 9:08:20 PM
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