ECON 200 Blog
Saturday, March 14, 2009
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The most popular sports in today's society are basketball, baseball, and of course football. These sports attract thousand of fans each ...
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Friday, March 13, 2009
Political Action Committees
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In class Professor Hampton made the statement that if you look hard enough you can find an externality with anything. When I thought about ...
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I was recently working on an assignment with my biology lab partner. On our drive home, he mentioned that he was part of the Student Athleti...
Circuit City Closing
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One of the biggest competitors of Circuit City is Best Buy. Best Buy would naturally love to see Circuit City close its doors because that m...
Harry Potter and the Predatory Pricers
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We all remember the craze that surrounded a Harry Potter book release. Devoted fans would flock to stores at midnight on the release day a...
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Not again! Gasoline is pretty much completely inelastic. So over time, as gas prices continue to increase, the quantity of gas in theory sh...
My economic observations as an international student...
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A typical Indian grocery shop. The guy behind the counter gives you what you ask for. You can't go in an grab for yourself whatever you...
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Does the Ownership Saves the Whales?
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In the last class, there were some comments about economic ecology. It took the sushi as an example, which relates to the Japanese seafood i...
Noise Pollution
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It is a Thursday night and my neighbour has decided to have a party, like every other week. Obviously they don't care much for their fin...
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Thursday, March 12, 2009
Pomegranate Craze
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So, normally when you think of a fad it pertains to something in fashion or the entertainment world in general. I can say with confidence th...
The "Stimulus plan" pertaining to small business
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Yeah I know, this whole plan has been talked to death. This part though has not recieved much attention, if a small business hires a worker ...
Cigarette prices increase
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Recently I went to buy a pack of cigarettes, and I noticed that the brand I usually purchase were priced abnormally high. I ended up buying ...
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Laid off
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Well this had some sting to it, I was laid off from my work in mid-January. The reason was the opportunity cost for my boss to work two addi...
Fashion & Econ
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As a fashion major, I was wondering how in the world a class like mocroeconomics could relate and have any relevance to what i needed to kno...
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Price gouging
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I live just steps away from the Exxon station on Lane. When I’m not in the mood to drive to the grocery store I just walk out my door and ge...
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Another opportunity cost post
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I looked at my bank account earlier this quarter and realized I was in some trouble. Actually, I was in a lot of trouble. I crunched some nu...
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Classic Case of a Monopoly
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So I have a little brother that is twelve years old right now, a few years back when I was still under my parents roof my little brother wen...
Manny Ramirez Contract
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For all of you who do not follow MLB baseball as extensively as I do you may or may not have know about the Los Angelas Dodges acquisition o...
SICK OF PAYING AEP MORE AND MORE!
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So I've been contemplating for a while. How is it possible that I keep taking more and more measures to assure that I conserve electric...
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Price of Tickets
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The Athletic Department at The Ohio State University has it's own monopoly in the market for athletic tickets. They are the sole local p...
The Music Market (T & R 8 am)
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When was the last time you bought a CD? Do you even consider the whole ordeal worthwhile anymore? As the digital age dawns on all of us, i...
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Market for Organs?
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If you were in class today, you’ll realize that unfortunately for me, Kyle has spoiled some comments that I was going to make pertaining t...
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Ownership of Fish
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After today’s class I was drawn to think about the great Discovery Channel show “Deadliest Catch” where King Crab fishermen try to catch the...
Lacking Moral and Political Will
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I know several people have previously discussed why various government policies seem to conflict with the economic principles we have covere...
Red Lobster and Olive Garden?
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Today's class really had me thinking why Red Lobster, Olive Garden and even Applebee's prices have increased in a short period of ti...
Job or Trip
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Shortly following my graduation my friends and I decided to go to Myrtle Beach as our long awaited senior trip. Obviously I was excited for...
Economics(simpified)
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Wants to open up a company Not so sure how successful it would be Wants to work hard and make a lot of money But not to only make a couple d...
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The supply curve of professional athletes
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There is a problem in the MLS. There is a barrier to entry for foreign players into the professional soccer teams in America. This means t...
Wednesday, March 11, 2009
Another New York Monopoly on Professional Athletes?
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While trying to think of a topic for my blog I took a short break and while doing so visited ESPN.com when I thought of the Cleveland Cavs, ...
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An Obsession Made Worse
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A couple of weeks ago, a few of my friends introduced me to this show. Before I agreed to watch, they warned me that once I watched the fir...
Airline Companies & Expensive Flights
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One thing I have noticed over and over again is the market’s ability to constantly play mind games with the consumers. Living in the state o...
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Rent control for off campus housing?
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Around the same time of this class discussing price ceilings and price floors, I was looking for a place to live for next school year. It wa...
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From Econ Lecture 8:00 on Tuesday and Thursday
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College is a transformative period in one’s life. It is during this period that people, unsurprisingly, experience their strongest period o...
Imports
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While many people think that importing goods from other countries can only harm an economy, this is not always true. The example I am referr...
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Rebelling Against the Market
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I have a friend who recently had his car broken into on campus and had a significant amount of valuables stolen. The person(s) who broke int...
Producers Love Consumers Like Myself
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I guess you could call me a clutz or technologically unlucky, but I have no doubt that producers count on people with my luck to keep their...
Two for the Price of One
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Naturally, econ is not the only class I have homework for. So, when I was told I had to write an original children’s story for my Spanish ...
Free-Riders
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When we were talking about free riding, it made me think way back to when I was elementary school. They redistricted my neighborhood to a ne...
The economy and the NHL
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The ever-popular National Hockey League is feeling the effects of the economy as much as anyone. As the NHL and the NHL Players Association ...
Madoff and International Trade
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George Madoff, former chair of the stock market Nasdaq, has been in recent news involving financial swindling. Madoff is expected to pl...
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People come to Ohio State and there are many benefits that are established for us. Such as Scholarships and internships. One benefit that we...
Philip Onorato
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World of Warcraft, also known as W.o.W, is played by millions and itself is an economy inside an economy. World of Warcraft currency is divi...
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Blood and Turnips
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I was told the other day that 'you can't squeeze blood from a turnip.' Well let us just say for the sake of argument that you c...
End of Quarter Humor
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Hey all. With the end of the quarter and finals upon us I was just gonna put up here a few bits of humore I found to be aplicable to Econ 2...
Resale Price Maintenance
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I work for a small music store chain of three stores in northeastern Ohio. We sell guitars, basses, drums, pianos, PA systems, and much mor...
Resale Price Maintenance
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I work for a small music store chain of three stores in northeastern Ohio. We sell guitars, basses, drums, pianos, PA systems, and much mor...
Tuesday, March 10, 2009
House MD Cares About Patients?
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I came across the idea for my blog while watching House MD season one. In the episode the owner of a high profile pharmaceutical drug compan...
Externalities for gymnastics
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Externalities Externalities such as chalk and it's affects on its audiences. Chalk is used in many sports and you can see it consuming t...
Externalities from Free Riding Neighbors!!!
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In my apartment complex we live with the coolest neighbors. They are all older, "super seniors" and to them my roommates and i are...
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Demand and Price Discrimination in Fuel Prices
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I have to complain about fuel prices. I know that the prices have gone down since the last time I drove but what I want to know is "Why...
Price Discrimination
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I was at work one Friday night when I get the idea for my econ blog. I have worked at Donatos pizza (not at the ones on or near campus) fo...
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