In 2011, in Washington, DC, Dr. Robert Shiller, an economics professor at Yale, gave a seminar at the Society for Neuroscience meeting as a special “Dialogue Between Neuroscience and Society.” You can watch the seminar here
. His presentation got me thinking about how supply and demand dynamics in economics might help me better understand biological processes.
As a pharmacologist, I work with a very simple supply and demand dynamic. On a basic level, I am interested in how a drug interacts with a receptor. To this end, when I have taught classes, I try to incorporate simple finance to help students understand how drugs interact with biological systems. I will provide a simple example today.