TV for Economics

We are a group of economics instructors who actively try to demonstrate the relevance of economic concepts to our students’ daily lives. One of the ways that we do this is to use contemporary media in our classrooms. Pursuant to that goal, we have compiled a list of clips from TV shows that we use to emphasize applications of the economic concepts that we teach.

Topics

Addiction Arbitrage Availability of Substitutes Barriers to Entry Black Markets Business Ethics Changes in Demand Changes in the price of a substitute Choices Coase Theorem Common Property Common Resource Problem Comparative Advantage Competition Compound Interest Consumer Surplus Cost-benefit analysis Costs and benefits of government regulation Currency Debasement Deadweight Loss of Gift Giving Diminishing Marginal Utility Diminishing Marginal Utility of Income Discount Rate Discounting the future Discouraged worker effect Division of labor Elasticity Externalities Factors of Production Fairness Fixed and Variable Costs Food Stamps Free Riding Functions of Money Gains from Exchange Game Theory Generics Health Care Economics Incentives Income elasticity Inelastic demand Inferior Goods Inflation Law of Demand Law of One Price Law of Supply Legalization of organ sales Luxury goods Marginal Benefit Marginal Cost Marginal Revenue Market Power Market Size Money Supply Monopoly Monopoly Power Moral Hazard Negative Externalities Negotiation Normal Goods Opportunity cost Optimization with a Budget Constraint Perfectly Elastic Demand Personal Finance Poverty Price Discrimination Price Searching Pricing Strategy Principle of Substitution Prisoner's Dilemma Private Property Rights Profit and loss Prohibition Public Goods Purchasing Power Rationality Real Income Effect Shifts in Demand Shortage Specialization Strategic Thinking Strike Subsidies Substitutes Sunk Cost Supply and Demand Tastes and Preferences Trade-offs Tragedy of the Commons Unlimited Liability Wealth Welfare

Our Favorite Links:

The Economics of Seinfeld
ABBA to Zeppelin: Using Music to Teach Economics
Music for Econ website
Economics in the Movies
Movies for Econ website

Contact Us:

Linda Ghent
Dirk Mateer
Misty Stone

Suggestions

Suggestions
*Contributing authors will be acknowledged.

Showing posts with label Normal Goods. Show all posts

Family Guy, "Death Has a Shadow"

Posted by TV for Econ On Wednesday, April 14, 2010 0 comments

Shifts in demand, normal vs. inferior goods: Peter loses his job, goes on welfare, and due to an accounting glitch receives $150,000 a week.

DVD Location: Season 1, episode 1, 11:30-15:25

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TV Shows

▼ 2011 (2)
- ▼ January (2)
  - Two and a Half Men, "Dead from the Waist Down"
  - The Office, "Did I Stutter"

► 2010 (83)
- ► April (83)