Economics Memes

Posts tagged with Economics

The Psychological Pricing Illusion
Psychology Science
8 hours ago 2.7K views 0 shares
The Psychological Pricing Illusion
Your brain on psychological pricing! That moment when $100 feels like highway robbery, but $99.95 feels like a bargain. It's literally a 5-cent difference, but our brains process these numbers completely differently. The left prefrontal cortex (responsible for analytical thinking) gets overridden by the emotional limbic system that sees the first digit change from 1 to 9 and goes "WHAT A DEAL!" Retailers have exploited this cognitive bias since the 1880s, and despite knowing better, we still fall for it. Next time you're shopping, remember you're basically in a neurological chess match with marketing departments.

Military Grade™ Marketing Magic
Materials Engineering Tech
3 days ago 3.5K views 0 shares
Military Grade™ Marketing Magic
The magical transformation of a 50-cent production increase into "AVIATION MATERIAL" and "Aluminium and Magnesium Alloy Forging" is the marketing equivalent of turning lead into gold. Except in this case, it's turning a plastic bottle opener into aerospace engineering. Companies slap "military grade" on anything these days when the military's actual procurement standard is "whatever costs exactly $0.50 more than the absolute minimum required to not immediately disintegrate." Next time you see "military grade," just remember it translates to "we spent an extra two quarters on this thing."

Economics Is Applied Mathematics
Math Academia
4 days ago 4.0K views 0 shares
Economics Is Applied Mathematics
Behold, the pinnacle of economic education: "What's the change in price?" with -$100 nowhere to be found. Subtraction is apparently too advanced for the dismal science. No wonder economists failed to predict every major recession - they're still struggling with "$1000 minus $900." Next semester: the revolutionary concept of negative numbers!

My Car Slowed Down, Why Am I Still Moving Forward?
Math Academia
4 days ago 3.7K views 0 shares
My Car Slowed Down, Why Am I Still Moving Forward?
The student who thought calculus was useless just got schooled by real life! The headline perfectly captures the concept of derivatives vs. absolute values. When inflation falls , it doesn't mean prices go down—it means they're still going up, just more slowly! This is exactly what calculus teaches us: the rate of change (derivative) can be negative while the actual value remains positive. That student is probably kicking themselves now for not paying attention during those derivative lectures. Next time someone says "when will I use this in real life?" just point to your grocery bill!