From ABBA to Led Zeppelin: using music to teach economics
From ABBA to Led Zeppelin: using music to teach economics

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Supply and Demand - The Hives

JEL: d j     

My boss he's a probable bore.
Put me hands and knees on scrubable floor.
Do it right receive the lions share bliss.
Know all too well just where that ration is.
Learned a lot about the company doe.
Learned less about receiving it though.
Saw how it came to those who always sat pretty.
Don't need it.
Supply and demand.

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Assignment:

Draw a supply and demand diagram that shows the boss receiving “the lions share bliss” while someone who scrubs floors gets much less. In other words, what factors would affect supply and demand such that CEO’s receive 300 times the compensation of average workers? Are CEO’s paid too much?

[Provided by Simon Medcalfe (Brenau U.)]

Full Lyrics


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