Brain Fried

With all my exams close together, it essentially means that I have to study for all my subjects at the same time. It’s essentially meant that my brain is this massive dam full of a lethal cocktail of random information and obscure facts. Here’s a glimpse of what will be floating around my head during the next two weeks:

“Neoclassical growth theory predicts absolute convergence (same income per capita levels and same growth rates) for economies with equal rates of savings and population growth access to the same technology”

“The social contract established the state with power to make and enforce law. People gave up their individual autonomy to a sovereign authority that they created. This was done to receive to receive the protection of an all powerful sovereign to be safe in person, property and liberty”

“The principle in Barclays Bank Ltd v Quistclose Investments is that where one party advances money to another with the mutual intention that it should not become part of the assets of the borrower but should be used for some specific purpose, then a trust of the moneys will be implied if the purpose fails”

“A time series is stationary if mean, variances and covariances of the series are all finite and do not depend on t.”

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