Thursday, December 8, 2016
Tuesday, December 6, 2016
My wife happened across this website. It has some great pic-o-graphs about a number of economic issues. I am not sure how I would use this as an assignment, but most certainly I would use it for off-shoot issues we tend to talk about, like what an economic choice it is to have kids. I tend to talk about that when talking about opportunity cost. This is great for any level to enhance any discussion.
Thursday, December 1, 2016
There have been a number of stories, that have been showing up on Facebook and Twitter, that have been calling attention to fake news stories and sites. This push seems to be rooted in the election, though this can be connected to economics in a big way. This isn't even talking about economic illiteracy, but instead on news that could cause economic problems. Many of us and most of our students get our news from social media sites, which by design, only show us news based on our own likes and biases. It is important our students know how to tell which news is real and which is fake. Google and Facebook are even getting into the story. Here is a Wall Street Journal article related to this topic.
Monday, November 28, 2016
I really enjoyed this article on studying and the use of quizzes to do it. This quote, "“The issue with learning is, no one ever sits down and teaches you how to study" is something I start the year telling my classes. How many times have all of us heard, "I don't know why I did so poorly on the test, I studied for hours." I normally ask them how they studied and if they had all distractions, namely their phone, turned off and in the other room. If students are being honest, they normally are trying to multitask, which one cannot do while trying to study. I am going to require this article for all of my students to read at the start of next semester.
Wednesday, November 16, 2016
I want to start this blog by saying that I AM NOT pushing one political agenda over another. I think it is important that students understand the economics on what the new president-elect has promised. The video is done by Mr. Jacob Clifford, examining the economic policies put forth by both candidates, here is an article detailing President-Elect Trump's possible policy on tariffs. Last here is the link to Planet Money's podcasts, I would suggest scrolling to #387 The No-Brainer Economic Platform, in which they interview a number of economists from all over the political spectrum.
Friday, November 11, 2016
One of the many things I love about teaching economics is the fact that it is in the news all of the time. The issue is I do not have the time to read everything. This app helps with that. It gives a brief and understandable summation of financial news brought right to your phone. It is totally worth the few minutes to sign up.
Tuesday, November 8, 2016
Last baseball post until Sping Training Promise. Here are an article and video on the profitability of the Cubs. I am a big time Cubs fan and I was so excited that I got to see something generations have not seen. With that said, I will be cheering for Cleveland to make it back and break their own drought. With increase demand, low costs, an inelastic supply curve, this article is great for discussion.
I also included a video talking about how bad an investment in public stadiums and big public events are for a city. I wanted to throw that in in case you wanted to go deeper in discussion. One thing about Wrigley, where the Cubs play, it is 102 years old and they are not calling for a stadium.