Companies Need to Borrow and Spend to Get Economy Moving

Come on Economy, you can do it!

tags: Macroeconomy, fed spending, interest rates, factors of aggregate demand

Study: Lowering prices will not increase profits | Marketplace From American Public Media

It's like the world is just begging for more economists. Read the posts at the bottom of the article too.

Study: Lowering prices will not increase profits | Marketplace From American Public Media

tags: elasticity, inelastic, elastic, responsiveness of consumer to changes in price, total revenue, demand, ped

buffer stock schemes

This is a good video for reviewing buffer stocks and could assist you with your homework.

Tags: Buffer Stock, Buffer Stock Manager, Buffer Stock Scheme, agriculture and commodity price controls, commodity agreements

Buffer Stocks still exist

Rotting grain & judicial transgression - The Economic Times

Why do we have them? Should we still have them? Prove it! :)

Ever Feel Like a Sloth?

This video is great. Sloths as pets, makes you wonder, are they a Veblen Good?
Ruky hore! video (Hands Up!)

This second video is a feeding. I think the grubs are definitely an inferior good. Yet the way the sloth licks his fingers at the end they could be a luxury.
Sloth Feeding

These findings came thanks to a QSIB student. Thanks for the links!

Petroleum Subsidies

Debating the Need for Petroleum Subsidies

To what extent do the jobs created by this subsidy outweigh the costs?

The Importance of an Economist

This article from Planet Money on NPR discusses how to keep prisoners alive when ship captains were transporting them to Australia in the 1700's.

Global Competitiveness

The world's most competitive countries are...
Article by the World Economic Forum

Tommy's Advice

Tommy's Advice

I am loving this website! So much great information!

Value of Education

Compare the average annual earnings for a college graduate to a non-graduate. Click here

Professional degree = $109,600
High School degree = $30,400

source: U.S. Census Bureau, Current Population surveys: March 1998, 1999, 2000.

Consider the opportunity cost of education and compare the lifetime earnings potential of full-time employees.

Economic Freedom Index 2010

Guess Who's number in Freedom? Hong Kong stays on top!

Check out the rest of the list here.

Drinks creating new jobs at McDonald's | Marketplace From American Public Media

Drinks creating new jobs at McDonald's | Marketplace From American Public Media

Can you graph this? Can you identify the determinant?

Good news amid the weak economy | Marketplace From American Public Media

Good news amid the weak economy | Marketplace From American Public Media

Interesting story about the current state of the U.S. economy. So, what do you think? Is the U.S. economy on track to improve yet?

Orbitz offers new hotel search tools | Marketplace From American Public Media

Orbitz offers new hotel search tools | Marketplace From American Public Media

Market Structures: Is Orbitz an Oligopoly? Listen to this story and consider what types of non-price competition they are considering now.

Price for refined sugar hits sweet spot | Marketplace From American Public Media

Price for refined sugar hits sweet spot | Marketplace From American Public Media

tags: supply, demand, subsidy, determinants of demand, expectations, substitutes