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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 EntriesRelevant Research and ResourcesSuggestions?
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"Modern Rock" ArchivesCash Machine - Hard-FiJEL: e iI scratch a living, it ain't easy There's a hole in my pocket, my pocket, my pocket Full Lyrics · Click to ListenAssignment:This 2005 modern rock hit examines the circular nature of poverty. Recognize the ending? It is a variation of the well-known children’s song, “There’s a hole in my bucket, Dear Liza.” The ballad is especially poignant since if your money is draining out you can never get ahead! Using the most recent edition of the Statistical Abstract of the United States determine the personal savings rate. Why does a low savings rate matter? "Modern Rock" ArchivesBeverly Hills - WeezerJEL: a d rWhere I come from isn't all that great Full Lyrics · Click to ListenAssignment:Beverly Hills, and other affluent communities, are examples of rich enclaves (Forbes, 2005) with markedly higher property values than surrounding areas. What explains why some areas are affluent and other areas nearby are not as well to do? Use substitution and income effects to explain your answer. |