Wednesday, October 15, 2014

Elasticity and College Textbooks

Thanks to Rich Hoppock for this one.   Planet Money has a lot of great stories that can put teaching economics squarely in the real world.  Here is a story on how students are buying far fewer new textbooks in college,  It would be a great exercise to address with your students as to the in-elasticity of new textbooks and the growing elasticity of other ways to get books.  

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