I need help understanding a few of economic jokes?

1. Three econometricians went out hunting, and came across a large deer. The first econometrician fired, but missed, by a meter to the left. The second econometrician fired, but also missed, by a meter to the right. The third econometrician didn't fire, but shouted in triumph, "We got it! We got it!"

2. Q. What do economists and computers have in common ??

A. You need to punch information into both of them.

3. Talk is cheap- Supply exceeds Demand

4. An economist is someone who knows the price of everything snf the value of nothing.

If anybody can help me understanding any of these jokes, I would appreciate it. THANK YOU!!!!

I need help understanding a few of economic jokes?spyware remove

My guess is that you are a teenager or younger. As you get older you will develop more of a capacity for abstract thinking and will gain more knowledge and more jokes will make sense.

Here is my take on these jokes:

1. The same distance to the right and left average out to the center, which is the target. Since the other economist didn't fire, his inaction is not figured into the average. The point of this joke is that while thier "averages" hit the target, none of them actually hit the target, so their "averages" aren't worth anything. This joke highlights the tendency of some economists to give too much importance to averages when averages don't always tell the real story.