October 18, 2009
Here are a couple of videos which explain how demand is determined, and how it is graphed: An interesting article about the changes in demand for peanuts following a salmonella outbreak. Gold demand increases in India before festivals. As consumer demand and consumption increase in China, they are left with a stinky problem. What happens [...]
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October 7, 2009
Benefits of Free Enterprise: Profit Motive in Swedish Schools. How the profit motive is gutting the newspaper industry. Cartoon from class about the profit motive and American Free Enterprise: A video about the changing nature of Federal Regulation. Promoting Growth and Stability: Revisiting the circular flow of the economy and the distinction between microeconomics and [...]
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