Question
You are on the hot seat of the nation's top economist! Are you ready to apply your understanding of the concepts from Unit 1? Here
You are on the hot seat of the nation's top economist! Are you ready to apply your understanding of the concepts from Unit 1? Here is your opportunity to share your comprehension of the concepts covered in these four chapters to our economy (aka our course-mates) at large.
I have selected two different podcasts that you will listen to and you will give me your thoughts on the subject.
Option 1
Supply and Demand- https://www.econtalk.org/mckenzie-on-prices/
Option 2
Opportunity cost- https://www.npr.org/2020/07/07/888690075/summer-school-1-choices-dating
Here are some questions that you can answer:
1. Do you agree with the statements made in the episode? Why or why not?
2. How does it relate to an economic concept covered in class or in the book?
3. Does the episode reinforce what you have learned? What is different?
4. How does this topic relate to your life?
There are no wrong answers. I just want to think more deeply about these topics and see that there can be differing views.
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