What is a pitfall in economics?

its a question in an essay i need to do..but dont even know what a pitfall is thanks

Answer:
An intellectual error giving rise to an unforeseen or unexpected or surprising difficulty. The advise of economist to the former USSR after its collapse stands out in recent history. Their are many examples of models being mistaken for reality.
A pitfall in economics could be associated with the inaccurate results obtained by applying the theories of microeconomics onto situations requireing the implementation macroeconomics or vice versa.
Think of pitfall as a mistake or an oversight. An example would be sunk cost

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