Teaching Economics with Media
J Cole discusses the impact of tax brackets on his earnings. As J Cole continues to increase his earnings, he moves into new tax brackets, which requires an increasing amount of tax liability to the government. This song could be used as a good pre-class video before discussing tax policy. The Tax Policy Foundation provides… Continue Reading →
I reached out to #EconTwitter and asked what songs they like to use to teach different topics in their classes and the results did not disappoint: I need some help #teachEcon! What's your favorite song(s) to play for class that's associated with economics topics you're teaching that lesson? — Jadrian Wooten (@Wootenomics) August 15, 2018… Continue Reading →
Beyonce does a great job discussing just how valuable she is as a partner (inelastic), but that her man isn’t all that special because “I could have another you in a minute” (elastic). These are good lines to talk about perfectly inelastic and perfectly elastic demand. Thanks to Michael Coon for the recommendation!
The driver of the car faces scarcity (limited data). The driver is forced into a decision between streaming music and using maps with her data. At the end of the commercial she chooses maps, leaving Arianna as her opportunity cost. Thanks to Brian Devitt for the clip and description!
If you haven’t driven by YUM!’s combination stores, they are a site to see. A family of picky eaters can stop by a location and grab a combination (depending on the pairings) of pizza, tacos, fried chicken, fish, or burgers. The combination of stores varies depending on the area, and some even have three-in-one: This… Continue Reading →
One of the fun topics of decision making is to ask students if they have ever been stuck in a relationship they weren’t happy with, but they continued dating that person anyway. The most common response to why this occurs is that the students have invested a lot of time in the relationship and they… Continue Reading →
I reached out to #EconTwitter and asked what songs they like to use to teach different topics in their classes and the results did not disappoint: I need some help #teachEcon! What's your favorite song(s) to play for class that's associated with economics topics you're teaching that lesson? — Jadrian Wooten (@Wootenomics) August 15, 2018… Continue Reading →
I reached out on Twitter to solicit advice for great music videos associated with different lessons, and my former teaching assistant responded with this great song from the Beatles. One of the great lines from the song goes like this: If you drive a car, I’ll tax the street, If you try to sit, I’ll… Continue Reading →
http://videos.criticalcommons.org/transcoded/http/www.criticalcommons.org/Members/jtierney86/clips/chris-young-beer-or-gasoline-choices-and-tradeoffs/video_file/mp4-high/chris-young-beer-or-gasoline-mp4.mp4 Tradeoffs are one topic you can use this video for. With only $3 to his name, Chris needs to decide between a gallon of gas or a 6-pack of beer! Thanks to James Tierney for the clip and description. For more country videos with economics, check out EconGoneCountry!
The song is about a guy that chose to go fishing instead of staying with his wife. It shows opportunity costs because he could either choose fishing where he didn’t know if he would catch anything or stay with his wife which could have been the best thing for him. Thanks for the summary… Continue Reading →
