Friday, October 28, 2011

Mikeroeconomics: Daily Review -- Real Variables

Mikeroeconomics: Daily Review -- Real Variables: AmosWEB.com has the best economics encyclopedia on the web.  This Daily Review was inspired by looking at current statistics. If the CPI ...



About the Author: Mike Fladien is a high school Economics and Law teacher in Muscatine, Iowa. He has been called the EconHacker because he has a talent for explaining Economics concepts in a simple language that anyone can understand.
Sunday, October 16, 2011

Mikeroeconomics: Long Term Unemployment and Structural Unemployment...

Mikeroeconomics: Long Term Unemployment and Structural Unemployment...: This graphic is from the Pew Charitable Trusts’ Fiscal Analysis Initiative via Chart Porn. The blue line shows that the number se...



About the Author: Mike Fladien is a high school Economics and Law teacher in Muscatine, Iowa. He has been called the EconHacker because he has a talent for explaining Economics concepts in a simple language that anyone can understand.
Saturday, October 15, 2011

Mikeroeconomics: Daily Review--Market failure

Mikeroeconomics: Daily Review--Market failure: Juan has a gambling problem. He gets a rush from playing the game plus he's good at it. Juan isn't in debt and no one thinks he should cal...

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About the Author: Mike Fladlien is an AP Economics teacher from Muscatine High School in Muscatine, IA. He is an EconEdLink.org author, and also publishes the Mikeroeconomics and iMacroeconomics VB blogs.

Mikeroeconomics: Daily Review--Market Structure

Mikeroeconomics: Daily Review--Market Structure: This is a quote from the WSJ . Steve Jobs knew all about competitive markets. He once likened our school system to the old phone monopoly...



About the Author: Mike Fladien is a high school Economics and Law teacher in Muscatine, Iowa. He has been called the EconHacker because he has a talent for explaining Economics concepts in a simple language that anyone can understand.
Sunday, October 9, 2011

Mikeroeconomics: Daily Review--Elasticity

Mikeroeconomics: Daily Review--Elasticity: In the graph to the right, explain why the Demand curve is inelastic? My answer is that elasticity is defined as the percentage change i...



About the Author: Mike Fladien is a high school Economics and Law teacher in Muscatine, Iowa. He has been called the EconHacker because he has a talent for explaining Economics concepts in a simple language that anyone can understand.
Friday, October 7, 2011

Mikeroeconomics: Daily Review--Related Goods

Mikeroeconomics: Daily Review--Related Goods: In the recent recession, many workers are finding that their hours are being cut. Thus, for these workers, their income is declining. Supp...



About the Author: Mike Fladien is a high school Economics and Law teacher in Muscatine, Iowa. He has been called the EconHacker because he has a talent for explaining Economics concepts in a simple language that anyone can understand.
Wednesday, October 5, 2011

Mikeroeconomics: Daily Review--Market Failure

Mikeroeconomics: Daily Review--Market Failure: Suppose that you have two friends Juan and Juanita. Juan has an idea which will yield a return on his investment of 10%. Juan also likes t...

Summary:


About the Author: Mike Fladlien is an AP Economics teacher from Muscatine High School in Muscatine, IA. He is an EconEdLink.org author, and also publishes the Mikeroeconomics and iMacroeconomics VB blogs.

Mikeroeconomics: Daily Review--Fiscal Policy

Mikeroeconomics: Daily Review--Fiscal Policy: Which fiscal policy has the strongest expansionary effect on aggregate demand? a. Decreasing taxes by $100 b. Increasing government spe...



About the Author: Mike Fladien is a high school Economics and Law teacher in Muscatine, Iowa. He has been called the EconHacker because he has a talent for explaining Economics concepts in a simple language that anyone can understand.