tag:blogger.com,1999:blog-7342528022617501525.post2698703616720886659..comments2024-03-28T15:05:33.781+13:00Comments on Economics New Zealand: Catching up with forty years of ignoranceDonal Curtinhttp://www.blogger.com/profile/03687495556590450225noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-7342528022617501525.post-89089695702883860542014-05-30T08:28:13.959+12:002014-05-30T08:28:13.959+12:00"And I was more than a bit prone to nodding o..."And I was more than a bit prone to nodding off during microeconomics lectures, as I found a lot of the micro stuff overly theoretical and otherworldly, as opposed to the then heavily empirical and accessible bent of macro. Oddly enough, today's economics students apparently feel the exact opposite, and that it's the macro that has become the algebraic refugee from the real world."<br /><br />That was me during macro! One of my stories is that it wasn't until I had been working for two years that I discovered the difference in definition between medium and long term - even though it was a core part of what we were taught in 2nd year macro.<br /><br />Nice looking paper though, I'll have a peek in the weekend ;)Matt Nolanhttps://www.blogger.com/profile/05615455113796090765noreply@blogger.com