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

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This weblog offers a variety of song lyrics that instructors of economics may find useful in teaching economics. Each post includes a selection from the song's lyrics and a brief assignment for students. This site has been accepted for publication in the Journal of Economic Education.

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Cigarettes and Alcohol - Oasis

JEL: j       

Is it worth the aggravation
To find yourself a job when there's nothing worth working for?
It's a crazy situation
But all I need are cigarettes and alcohol!

Click to Listen

Assignment:

How does the government calculate the unemployment rate? If Liam Gallagher decides it is not “worth the aggravation to find yourself a job when there’s nothing worth looking for” how does this affect the unemployment rate? Is Liam classified as unemployed? Should he be? What is the number of discouraged workers in the US at the current time (use www.bls.gov)?

[Provided by Simon Medcalfe (Brenau U.)]

By: Joshua Hall
10. 7.08 · Permalink
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