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Macro and micro economics.They are always confused!
The most obvious being the word "recession" meaning a downturn for economists but people use it synonymous with "high unemployment" instead.
Yes, it's a real situation. People do misinterpret economics broadly than any other subject.
The situation is even worse in non-native English countries.
could it be that economics and finance people act as gatekeepers to information and they obscure things to maintain competitive advantage.
Macro and micro economics.
They are always confused!
The most obvious being the word "recession" meaning a downturn for economists but people use it synonymous with "high unemployment" instead.
Yes, it's a real situation. People do misinterpret economics broadly than any other subject.
The situation is even worse in non-native English countries.
could it be that economics and finance people act as gatekeepers to information and they obscure things to maintain competitive advantage.