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The Economics of Seinfeld

The Economics of Seinfeld

Thinking Outside the (Big) Box Illustration by Kelsey Dake Deep thoughts this week: 1. Big retailers classify workers as a "cost." 2. 3. It’s the Economy Adam Davidson translates often confusing and sometimes terrifying economic and financial news. One recent Sunday, however, my wife and I caved. In the last few years, Ton has become a revolutionary force in a field that would seem unlikely to generate many — the Kafkaesque-titled Operations Management. The problem results from the way many companies consider their workers. Ton, however, argues that workers are not merely a cost; they can be a source of profit — a major one. I was thinking about this as my wife and I re-entered Ikea.

Digital History Mathematics resources - www.mathcentre.ac.uk or Personal Finance and Economics Education Online Game for teachers teaching grades 6 through 12 students - Gen i Revolution BBC Learning English | For teachers | Talking Business Plan Family Vacation Webquest What if YOU were the one to choose where your family goes on vacation? What if you got to plan all activities, where to stay, and what to eat? Here's your chance! Created by Alena Zink and Betsy Cain Forsyth County Schools Khan Academy Federal Reserve Education - Federal Reserve Education Teaching Economics-Game choice First, choose your game here to get logins and passwords for your students (max: 100 players for each game). Industrial Organization Price discrimination, vertical differentiation and peak-load pricing Players take price and quantity decisions for an airline on a given route against a robot competitor. Illustrates notions such as marginal cost/average cost, variable cost/fixed cost, sunk cost, short-run/long-run cost, price discrimination (yield management), elasticity of demand, peak-load pricing... And eventually, players must choose whether or not to use vertical differentiation to soften competition. Try the demo to have an idea. Short Market Games - Introductory Microeconomics The 5 market games below can be played on their own or one after the other: Instructor's Guide Demand is the same in all of the games and is proportional to the number of players on the markets (Demand data). Oligopolistic price competition for differentiated products. Try with one player to have an idea.

Visualizing Slavery: The Map Abraham Lincoln Spent Hours Studying During the Civil War If you look closely at Francis Bicknell Carpenter’s 1864 painting “First Reading of the Emancipation Proclamation by President Lincoln” (see above — click image for a larger version) you will notice a map in the lower right-hand corner, next to the group that includes Lincoln and his cabinet. The map in the painting was a document Lincoln consulted often during the Civil War. It was created by the United States Coast Survey using data from the 1860 Census to show the geographic distribution of the South’s vast slave population. Carpenter lived in the White House for six months while working on his painting, and according to historian Susan Schulten, author of Mapping the Nation: History and Cartography in 19th Century America, the artist encountered Lincoln poring over the map on more than one occasion. The map (click it to see a larger version) is an early example of statistical cartography. The map helped Lincoln visualize what he was up against. Related Content:

LabSpace - The Open University Life Happens | Lessons & Worksheets | Life What do your students know about life insurance and how it works? Print and distribute the unit quiz, or have students go to www.scholastic.com/nextgeneration/students to take the interactive version of the quiz and print their answers. Students evaluate the financial standing and future obligations of a couple with two children and determine if their life insurance policy will enable them to meet their future financial needs and goals. Student Activity: Better Safe (PDF) To help them understand the purpose of life insurance, students will brainstorm portraits of fictional characters and then examine their financial obligations to assess how these responsibilities would be met if the character passed away. Student Activity: Who Needs Life Insurance? The Educator’s Guide, which includes tips for implementing the featured lessons and background information on life insurance, can be downloaded by clicking below.

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The Civil War

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