CAT (VARC) PYQs

sarcastic about how economists, who earlier shunned other disciplines, are now beginning to incorporate them in their analyses.

critical of economists’ openly borrowing and collaborating across disciplines to explain how humans make decisions.

judgemental about the ability of economic tools to accurately manage crises leading to the downfall of this lofty science.

disparaging of economists’ inability to precisely predict market behaviour, and are now borrowing from other disciplines to remedy this.