Comic #3046: 2013-09-19

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Description

Here is the transcription of the text in the comic:

KNOW YOUR BRANCHES OF ECONOMICS:

• HOW WELL THEORY DESCRIBES SCENARIOS IT CONSIDERS (in red)

• HOW LIKELY THOSE SCENARIOS ARE TO OCCUR IN REALITY (in blue)

• describes well (positioned at the top)

• will never happen (positioned at the left)

• happens constantly (positioned at the right)

• describes terribly (positioned at the bottom)

microeconomics (located in the top left quadrant)

macroeconomics (located in the bottom right quadrant)

Let me know if you need further assistance!