I think sixes_and_seven’s point (though I may have misunderstood) is that your understanding of supply & demand (and everything else in the econ textbook) still has to be applied to concrete cases to prove useful, and following the news furnishes you with concrete cases, and allows you to practice recognizing where the models in the textbook are most applicable.
I think sixes_and_seven’s point (though I may have misunderstood) is that your understanding of supply & demand (and everything else in the econ textbook) still has to be applied to concrete cases to prove useful, and following the news furnishes you with concrete cases, and allows you to practice recognizing where the models in the textbook are most applicable.