"In the world today, all we need to do is open up our eyes a bit and it becomes bitterly obvious that examples of microeconomics are everywhere, all around us. In fact, whether we are informed enough to know it or not, microeconomics does have a part in almost everything we do." C.Larson
Should you doubt these words, check out the items below....
FoxTrot 3/2/06Income Inequality and Friendship?
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Paying to raise population
Is ethanol the solution to high fuel prices? Click here and here!
An article on supply, demand and price floors in the corn market.
The farm subsidy article discussed in class is available here.
An article about elasticities.
Price elasticity of demand and the introduction of a new video game
A link to some information about OPEC.
A recent article about OPEC and the high price of oil.
Can you label these curves and axes?