-Sunk cost - Opportunity Cost - Brain Depreciation = MP(Watching 'Tashan')

Even sometimes experienced ecomonists get is so wrong so a newbie like me can be excused. They also say that in economics we cancome up with models to simulate the real world , but only once you arrive in the real world do you realise that your model was nothing but a fictional tale.

After 10 straight days of studying continously (don't read: 'I am a geek' , Read: 'I am slow') me and a few friends decided to escape the walls of the ISB. It was a true escape plan, we had identified our escape car (ND's car) , our escape route (First Atrium -> Rec Centre -> SV2 -> SV1 -> Main gate), found our accomplices, and decided to buy our ticket for this escape (tickets for 'Tashan' a new movie at Prasads). In our hearts we knew we were creating history on assignment weekend by deciding to escape..

We filled our stomachs at a place called 'Malgudi' which served exotic south indian food, i had mutton chops, biriyani and chicken, food was spicy but good ... got into our escape car again and headed to what we were later going to realise was going to be a life altering experience..

The movie 'Tashan' started and well maybe in the first 10 secs or so i had a 'oh no!' feeling. But i hung on .. after 10 minutes the 'oh no !' feeling had turned into a 'oh no way!' feeling .. for the mathematically inclined.. this line had a negetive gradient from here on and the law of dimishing returns was starting to set in.. the movie i would have to say is one of the crapiest i have seen in a long time.. i mean this time bollywood has out done itself on all fronts... to and to it I was sitting in the second row so the pathetic acting was blown up to look even more pathetic , it was well and truely in my face..

My movie ticket was a 'Sunk' cost.. but what did i do .. nothing .. at various points in the movie i thought about getting up and leaving and maybe heading back .. but like a true indian i wanted paisa wasool.. which every good economist knows is a bad strategy.. one should cut your losses and move on .. so i sat their through it all .. which meant that now i had introduced 'opporunity' cost to my escape .. obviously wasn't paying attention in economics class to evaluate just how much I was loosing.. While walking out of the theatre the one feeling that we all shared was 'That was an out of this world experience' .. i guess i can't really explain it .. for the curious ones all i can say is go watch it :)

On the way home we realised that in the process of watching 'Tashan' we had killed those valuable brain cells that we needed for all the assignment.. our minds had truely depreciated..

All I can say is that it wasn't all futile.. I truely understand the meaning of 'Sunk' cost and 'opportunity' cost .. Maybe they should make a trip to watch 'Tashan' a part of the economics course ;)