Making Macroeconomics Fun

Because it's not quite difficult enough to understand the material in English, economists also tend to throw in a latin phrase or two just for kicks, such as ceteris paribus (loosely translated as: all other things remaining the same), ex post (after the fact), and ex ante (before the fact).

Our professor had built some slides for us and the title of one of them was trying to relate the fact that Investment is always equal to Savings after the fact, but it appeared as:

• I=S ex post

He had trouble moving on from there.


...What are we, twelve?