Thursday, April 28, 2016

Ceteris Paribus

My curves are upward sloping,
Directly proportional to the price.
The quantity of love that I supply,
Has a coefficient of one, not thrice.

I could say it’s price inelastic,
You’ll get as much as you always have.
I could lie through my teeth and flutter my lids,
And act like your season’s flav.

But I’ll be honest as honest can be,
And respect the opportunity cost of your time.
You may think we’re both complements.
Burst your bubble, will this rhyme.

The competition in this marketplace,
Is perfect with strong form efficiency.
While you may think you hold a monopoly,
The entry barriers are open, as is the vacancy.

The marginal utility of what we shared,
Has diminished to quadrant three.
The equilibrium in our chemistry,
I no longer can see!

The indifference curve that you have plot,
May be invisible to your own eyes.
But I’ve had enough of your time-rationing,
So here’s your pareto optimum in disguise.

The cross-income elasticity of my love,
Has been under the wraps for a while.
The consumer surplus that I wished to save,
Has been found across the Nile.

Your costs have all just sunk,
The capacity stagnates like a blot.
What used to be a candlestick,
Is now an untailed boxplot.

My preference for a differentiated product,
May be termed as Game Theory No. 2.
Only if the beloved “ceteris paribus”,
Could apply to our “love you’s” too.


Image Source: robert-h-frank.com


11 comments:

  1. Economic nostalgia is crawling up. :')
    Ah, all those terms, those graphs, just everything. Now that I am almost done with economics as a subject in life, I think reading this post was the only time I actually enjoyed it. :P
    @@@@@

    ReplyDelete
    Replies
    1. You studied Economics in school? I always thought you were a PCM kid.

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    2. Ah. Cambridge allows you to choose whatever subjects you want. So I chose PCM+Eco and english. Also, I've had Eco since 8th grade. So from the time I was like 13, I have been hearing my eco teacher say ceteris paribus in her bengali accent. It's the hilarious shit I've ever heard!

      Delete
  2. Dude... i want to see u do the same with stats sometime...
    @@@@

    ReplyDelete
    Replies
    1. Haha. Provided you teach me some today.

      Delete
  3. Replies
    1. Counting on you for a Tangonomics guest post for the blog soon!

      Delete
  4. Poetry at this economic best Sarthak. This guy is a genious and should be given a nobel in literature, economics and ofcourse accounts :P

    -pj

    ReplyDelete
    Replies
    1. For anyone who is reading this, this comment came after PJ was the audience to a rant about how no one comments on my blog.

      Delete
  5. Don't become kuen ka mendhak please.

    ReplyDelete
    Replies
    1. How is this being a kuen ka mendhak? :P

      Delete

If you had 5 Jalebis, how many would you give me for writing this post?

None = You don't deserve any >:O
@ = Soggy and stale! :(
@@ = Stale! :|
@@@ = I'll need a samosa to digest this with! :P
@@@@ = Sweet and Crisp! :)
@@@@@ = I'm opening you a Halwai Shop! :D