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 About UsThis 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.Recent Entries
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Search ResultsEntries from From ABBA to Zeppelin, Led tagged with 'Wages'10 DollarIn "10 Dollar" M.I.A. sings about a young child who had her sights set on better things but is stuck in the sex industry. What are the costs and benefits of this girl engaging in the underground economy? How are... Supply and DemandDraw 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... Mercedes BenzJanis Joplin wants a Mercedes Benz in order to keep up with her friends. Economist Robert Frank writes about how people seek status in a game of constantly trying to outdo each other. He has advocated highly progressive taxes in... Money, Money, MoneyEconomists often use supply and demand curves to illustrate markets. Changes in income, preferences, and the price of a substitute or complement shift demand curves to the left and right. In the lyrics above, lead singer Anni-Frid Lyngstad is tired... She Works Hard for the MoneyThis classic Donna Summer song is about a waitress she met at a local restaurant who was working two jobs. Donna could see “she works hard for the money.” Many economists are somewhat puzzled by tipping behavior. The tip is... 1 2 3 4 (Sumpin' New) - CoolioIn this excerpt, Coolio suggests that he would rap for no money. Draw a representative labor supply curve. [HT: Julianne Treme]... 40 Hour Week (For A Livin')Lots of people want to be entertainers because they place a high value on fame. What effect might placing a positive value on fame have on wages for the average entertainer? Alabama states "the fruits of their labor are worth... Hip 2 Tha SkemeBoots, the lead rapper in the Coup, is making a social commentary when he says, "If everybody in the hood had a Ph.D., You'd say hey Dr. flip that burger, hell it good for me." In a world where everyone... Feed SubscriptionIf you use an RSS reader, you can subscribe to a feed of all future entries tagged 'Wages'. [What is this?] |
