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

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Original Pokémon Theme - Billy Crawford

JEL: a d     

Pokemon!
It's you and me.
I know it's my destiny!
Pokemon!
Ooh you're my best friend
In a world we must defend!
Pokemon!
A heart so true
Our courage will pull us through
You teach me and I'll teach you
Pokemon!
(I'll catch you!)
(Gotta catch 'em Gotta catch 'em Gotta catch 'em all!
Pokemon!

Click to Listen

Assignment:

In the song, the narrator insists that he has to “catch ‘em all.” How elastic is the narrator’s demand for pokémon? Considering the law of diminishing marginal utility and the six factors that change the demand for a good, how realistic is his stated elasticity? In other words, is it usually efficient to “catch ‘em all”?

[Provided by Rhiannon Roselle - Beloit College]

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