Economics is fun...

when you study stuff like this:

Economics of Cows

//I had Ec102 last sem under Sir Walfredo (Wally) Belen. Super great, young at heart and funny teacher. Of course, Sir Vlad pa rin because Ec 102 was made easy because I learned a lot from the best teacher ever. Thanks sir! Oh and ray2, thanks for that econ post. I remembered this because of that. :))

TRADITIONAL ECONOMICS
You have two cows.
You sell one and buy a bull.
Your herd multiplies and the economy grows.
You retire on the income.

CHINESE ECONOMICS
You have two cows.
You have 300 people milking them.
You claim full employment, high bovine productivity and arrest anyone reporting the actual numbers.

INDIAN ECONOMICS
You have two cows.
You worship them.

PAKISTAN ECONOMICS
You don't have any cows.
You claim that the Indian cows belong to you.
You ask the US for financial aid, China for military aid, Britain for warplanes, Italy for machines, Germany for technology, France for submarines,
Switzerland for loans, Russia for drugs and Japan for equipment.
You buy the cows with all this and claim exploitation by the world.

AMERICAN ECONOMICS
You have two cows.
You sell one and force the other to produce the milk of four cows.
You profess surprise when the cow drops dead.
You put the blame on some nation with cows and naturally that nation will be a danger to mankind.
You wage war to save the world and grab the cows.

FRENCH ECONOMICS
You have two cows.
You go on strike because you want three cows.

GERMAN ECONOMICS
You have two cows.
You reengineer them so that they live for 100 years, eat once a month and milk themselves.

BRITISH ECONOMICS
You have two cows.
They are both mad.

ITALIAN ECONOMICS
You have two cows.
You don't know where they are.
You break for lunch.

SWISS ECONOMICS
You have 5000 cows, none of which belong to you.
You charge others for storing them.

JAPANESE ECONOMICS
You have two cows.
You redesign them so that they are one-tenth the size of an ordinary cow and produce twenty times the milk.
You then create cute cartoon cow images called COWKIMON and market them worldwide.

RUSSIAN ECONOMICS
You have two cows.
You count them and learn you have five cows.
You count them again and learn you have 42 cows.
You count them again and learn you have 17 cows.
You give up counting and open another bottle of vodka.

MALAYSIAN ECONOMICS
You have two cows.
You slaughter one for Hari Raya Puasa and the other for Hari Raya Haji.
Just before that, both the cows were wandering along the PLUS Highways.

PHILIPPINE ECONOMICS
You have only one cow.
So the government claims there is a shortage of cows.
The government ask grants from other countries so the country can produce more cows.
The other countries oblige.
The government divides the grants among themselves, and blames the opposition of corruption.
The people stage People Power 42.
The government is overthrown.
Then it’s back to the single cow.

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and when your teacher says stuff like:

"There will be a lot of graphs but I can assure you there will be no corruption."

After telling the story about a class who named their Econ course 'Graphs and Laughs,' "Because their economics teacher has a sense of humor. Familiar no?"

"What is serenity? Hindi si Dyesebel yun." //Hindi econ. haha.

Talking to one classmate about Playboy in the Philippines, "Nagkukulang na nga bigas, magPlaplayboy ka pa."

//I should have learned how to write down my teachers' witty comments since high school. I could have sold a book. :)