basic economics. it helps if you have a great teacher.
it tells you how the world works. basically when i started high school i was a communist. if i had gone on with that worldview i would have found things very difficult, like why this person has x and other person has y. doing stuff like calculating the market price of a good kinda helps with that. and understanding the economy and what people do in business helped me understand things better. It gave me a healthy dose of cynicism and a better idea of what behavior can be productive and what things are ultimately admirable sentiments that lead to nothing. in terms of practicality i use some of these ideas to adjust the price of the rooms i let out. no doubt being able to keep them filled without being unnecessarily cheap is profitable.
it tells you how the world works. basically when i started high school i was a communist. if i had gone on with that worldview i would have found things very difficult, like why this person has x and other person has y. doing stuff like calculating the market price of a good kinda helps with that. and understanding the economy and what people do in business helped me understand things better. It gave me a healthy dose of cynicism and a better idea of what behavior can be productive and what things are ultimately admirable sentiments that lead to nothing. in terms of practicality i use some of these ideas to adjust the price of the rooms i let out. no doubt being able to keep them filled without being unnecessarily cheap is profitable.