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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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Milkshake - Kelis

JEL: a       

My milkshake brings all the boys to the yard,
And their like
It's better than yours,
Damn right it's better than yours,
I can teach you,
But I have to charge

Click to Listen

Assignment:

“It’s better than yours/…/I can teach you/But I’d have to charge.” What sort of market structure is Kelis operating in: price taker, price searcher with low entry barriers, or price searcher with high entry barriers? How would competition affect Kelis’s market and what is she doing to protect her profits?

[Provided by Rhiannon Roselle - Beloit College]

By: Joshua Hall
05.12.09 · Permalink
Keywords: ·

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