Archive for the 'Fun' Category

Eight more parody songs that actually teach you some economics

Monday, April 25th, 2016 by econ-network

Following on from our favourite videos from the Rockonomics student competition, here are some picks from an Advanced Placement course in Economics in the US, where students have worked economics lyrics into popular songs.

Monopoly is the Way to Go

If there’s only one seller of a product and new firms can’t enter the market, competition can’t drive prices down, as explained in this video after some nice black-and-white scene setting. Being a monopoly is nice work if you can get it.

Money quote: “Monopolistic competition, oligopolies / neither of them are efficient allocatively”

Counting Prof

Looking at the same topic from a different angle, this is┬áso well-produced it looks like a proper music video. (more…)

Eight parody songs that actually teach you some economics

Friday, September 18th, 2015 by econ-network

The Rockonomics competition, run by a group of US universities, gets students to write economics lyrics for popular songs and raps, and to make videos for them.

Some of these are pretty good ways to stick an economic idea in your head. Read on for our eight choices from the last few years of the competition.
(more…)

Demand and Supply

Friday, February 3rd, 2012 by eoghan

Ever wondered why demand and supply are so important? Wonder no more …