“Choice: Economics Materials for Success” (by topic) - Dec. 2024 update
All worksheets organized by topic (Update: December 2024)
Updated: December 2024
On this page:
“Choice: Economics materials for success”: Worksheets with QUESTIONS based on CURRENT NEWS ARTICLES and REAL-WORLD examples of economic concepts appropriate for introductory ECONOMICS courses.
Organized by topic.
Newest article/worksheet for each topic appears on top.
Answers are available at the end of each worksheet.
TOPICS:
Introduction to economics
Shein’s tax perk is as American as apple pie (Reuters, June 21, 2024) and Amazon is launching a Shein and Temu competitor (Quartz, June 2024): https://docs.google.com/document/d/1m9TXQW0AwcM536Ku3knElCnn_m5GT1nU/edit?usp=sharing&ouid=100480691374776403328&rtpof=true&sd=true (Incentives, Unintended consequences)
Balancing the value of time and money (Forbes, May 25, 2023): https://docs.google.com/document/d/1av7AIpE7jreNyLPpPyPam--5AKRXFSgq/edit?usp=sharing&ouid=100480691374776403328&rtpof=true&sd=true
The comparative advantage concept applied to startups (Forbes, July 20, 2023): https://docs.google.com/document/d/1oXQpjfeBrTA-5BP2sILS75LA7Plczdu2/edit?usp=sharing&ouid=100480691374776403328&rtpof=true&sd=true
Should you give up your salary and go to grad school? (Wall Street Journal, January 3, 2023): https://docs.google.com/document/d/1FRb4D2KYT3mJmod60haGZGMft1N9j9mK/edit?usp=sharing&ouid=100480691374776403328&rtpof=true&sd=true
Supply, demand, and equilibrium
Spanish households purchase more sunflower oil than olive oil for the first time (Olive Oil Times, June 25, 2024): https://docs.google.com/document/d/1X8fhXNgg2YzzVqo5d4XfnYifrdvOpLrA/edit?usp=sharing&ouid=100480691374776403328&rtpof=true&sd=true
Italian pasta prices are soaring. Rome is in crisis talks with producers (CNN Business, May 12, 2023): https://docs.google.com/document/d/1SiDbAGsaJsrGbnWthZ009Dtz4Gq-MiGa/edit?usp=sharing&ouid=100480691374776403328&rtpof=true&sd=true
S, D, Eq. examples (Fall 2023): https://docs.google.com/document/d/1q6LbRpodrUC2Zd914EnGjrbGoRwyigbO/edit?usp=sharing&ouid=100480691374776403328&rtpof=true&sd=true
Surge pricing: is your favorite restaurant about to start charging you more at peak times? (The Guardian, March 11, 2024), and Dynamic pricing keeps spreading, despite protest from Wendy’s customers (Inc.com, March 11, 2024): https://docs.google.com/document/d/1wfv9Ai41cDStydoxbwf980hIKdkdwS7P/edit?usp=sharing&ouid=100480691374776403328&rtpof=true&sd=true (Application: Dynamic pricing, Surge pricing)
S,D&Eq examples (Jan. 2023): https://docs.google.com/document/d/1QlE5vW_9Vbb56I-nK5qXGruGusWP1ymx/edit?usp=sharing&ouid=100480691374776403328&rtpof=true&sd=true
Why are eggs so expensive? (The Hustle, December 29, 2022): https://docs.google.com/document/d/13HnT3TUF3dDn2ia5c7T1Lj5dRQ_rv_fX/edit?usp=sharing&ouid=100480691374776403328&rtpof=true&sd=true
Inflation report is a mixed bag – an economist explains why some items are rising faster than others (The Conversation, January 12, 2023): https://docs.google.com/document/d/1DFSkDCcUTOcWUE6gnZ_jeZYemV72yUH3/edit?usp=sharing&ouid=100480691374776403328&rtpof=true&sd=true
The labor shortage in Helsinki will deepen in the coming years (Helsinki Times, April 14, 2023), and New research delivers grim warning about ongoing nursing shortage (ABC 11, April 14, 2023): https://docs.google.com/document/d/14guxAdFwa8DTDZn2rJtPjbOGfGug0r1F/edit?usp=sharing&ouid=100480691374776403328&rtpof=true&sd=true (Shortage, Labor market)
Consumer and producer surplus
Americans are still having a lot of stuff delivered from DoorDash and Uber, and it shows how much we’ll pay for convenience (Business Insider, August 7, 2024): https://docs.google.com/document/d/1ddla4YtQD7MAmgV6PjgNUgRTg8wFvKLb/edit?usp=sharing&ouid=100480691374776403328&rtpof=true&sd=true (Willingness to pay & CS)
Men willing to pay more for chocolate than women (Lab Manager, May 30, 2023): https://docs.google.com/document/d/1AFtYS497RQuii1xETIjwTwxZVlhdE1cl/edit?usp=sharing&ouid=100480691374776403328&rtpof=true&sd=true
Some Uber and Lyft drivers have learned they can make more money if they’re pickier about whom they serve (Business Insider, November 22, 2023): https://docs.google.com/document/d/1MHOV_SuUBrEJrBZFjo50MXsovR5J4LTC/edit?usp=sharing&ouid=100480691374776403328&rtpof=true&sd=true
Pretty woman (1990) – Negotiation scene: https://docs.google.com/document/d/1pP8jdNa0H5JZpGPC6BPlFJqa1isaPi-L/edit?usp=sharing&ouid=100480691374776403328&rtpof=true&sd=true
Why is the world’s top milk producer looking to import more dairy products? (Quartz, April 6, 2023), and What’s going on with India’s milk economy? (eDairyNews, May 3, 2023): https://docs.google.com/document/d/1qKZol9RqY7T8ezlDb9lrzvbR9gb0QO9w/edit?usp=sharing&ouid=100480691374776403328&rtpof=true&sd=true (Consumer and producer surplus, Production and costs, International trade)
Elasticity
Why the price of eggs is on the rise again (NPR, September 28, 2024): https://docs.google.com/document/d/1UIU0N64ZH7D31jgfD0bIE6KkghdFr2JU/edit?usp=sharing&ouid=100480691374776403328&rtpof=true&sd=true
Premium leisure won’t replace all lost corporate business travelers (Forbes, June 18, 2023): https://docs.google.com/document/d/1EkGz8pzfDfOwx1SUDO7ySjDLOHmrmjr8/edit?usp=sharing&ouid=100480691374776403328&rtpof=true&sd=true
Weight loss drugs haven’t hurt Pepsi’s business, CEO says (CNN Business, October 10, 2023): https://docs.google.com/document/d/1BTzscNEySu05yjKtS0XG9kPaOtsqeeHs/edit?usp=sharing&ouid=100480691374776403328&rtpof=true&sd=true
How much for thin mints? Some Girl Scouts raise cookie prices. (New York Times, February 3, 2024): https://docs.google.com/document/d/1xO0p-E_MOJEOcIcoJ4LLtUSWcF5C6NIT/edit?usp=sharing&ouid=100480691374776403328&rtpof=true&sd=true (Elasticity, Law of demand, Costs of production, Consumer choice)
Egg costs peck away at budgets for consumers and businesses (StarTribune, January 19, 2023): https://docs.google.com/document/d/1BqpPcC-6zsjasFnuLXVnyHdq7dwu2730/edit?usp=sharing&ouid=100480691374776403328&rtpof=true&sd=true (Elasticity, Costs of production)
Why airlines like extra fees so much? (Forbes, March 11, 2023): https://docs.google.com/document/d/1vgV28H2QP3fadjyrqiHuPI1dhowx1cLC/edit?usp=sharing&ouid=100480691374776403328&rtpof=true&sd=true
Price ceilings, price floors, and taxes
’Families are struggling’: Almost half of parents cannot afford school trip costs (The Brussels Times, August 21, 2024): https://docs.google.com/document/d/1dfrTU2JSWD3fQF5S3QZ8Yd48sxADn7eM/edit?usp=sharing&ouid=100480691374776403328&rtpof=true&sd=true (Price ceiling)
French to get bonus to make do and mend clothes (BBC, July 12, 2023): https://docs.google.com/document/d/1BsFGpUAsVVHkwytcJkR_KYiw31aC8Ll7/edit?usp=sharing&ouid=100480691374776403328&rtpof=true&sd=true (Subsidies)
Chipotle says it may need to tick its food prices up to pay California wages (CNN Business, October 26, 2023): https://docs.google.com/document/d/1jmEGJ8Q5MgRCCbCpC44_2bGFQ8Z__S7v/edit?usp=sharing&ouid=100480691374776403328&rtpof=true&sd=true (Min wages, Unintended consequences, Elasticity)
New York wants to link minimum wage to inflation, Hochul says (Bloomberg, January 10, 2023) and Here's the difference between a 'minimum wage' and 'living wage,' and why it matters (ABC News, January 10, 2023):
https://docs.google.com/document/d/1_NDi_NsliLAIqku7wvtrom7P80BDyMEs/edit?usp=sharing&ouid=100480691374776403328&rtpof=true&sd=true (Minimum wages, Inflation)
Northbrook approves 10-cent tax on single-use bags (Daily Herald, February 15, 2023): https://docs.google.com/document/d/1arOmuKpjUbNnuQGr_uqdTdDENW2I3zCs/edit?usp=sharing&ouid=100480691374776403328&rtpof=true&sd=true
Externalities
Spanish government to help fund purchase of electric bikes (Sur in English, September 15, 2024): https://docs.google.com/document/d/1YhGsh1goPcS-Ws03xDp-RbkUgC0Tvl0O/edit?usp=sharing&ouid=100480691374776403328&rtpof=true&sd=true (Externalities and Subsidies)
Pickleball is America’s fastest-growing sport. Why is it so addictive – and divisive? (Yahoo, August 31, 2023): https://docs.google.com/document/d/1RTYfdRUn91kKZcHJ5_ojdNV5BmuWK38h/edit?usp=sharing&ouid=100480691374776403328&rtpof=true&sd=true
Cities with soda taxes saw sales of sugary drinks fall as prices rose, study finds (NPR, January 6, 2024): https://docs.google.com/document/d/1Y57yjaPYAZaM9zij4YjD9Yl_CE-S_3XD/edit?usp=sharing&ouid=100480691374776403328&rtpof=true&sd=true (Externalities, Elasticity)
WHO calls on countries to tax sugar-sweetened beverages to save lives (WHO, December 13, 2022) and Too much sugar in childhood is linked to lower wages later on (Quartz, December 28, 2022): https://docs.google.com/document/d/1npd9bUxXcQXRWFtV9c2n0COntHad5acj/edit?usp=sharing&ouid=100480691374776403328&rtpof=true&sd=true
This Nigerian school accepts plastic bottles as school fees (Quartz, April 5, 2023): https://docs.google.com/document/d/17zg4YkdTNxU9c6RmVGbVoPdldNJiXjrw/edit?usp=sharing&ouid=100480691374776403328&rtpof=true&sd=true
Types of goods
Greece to impose tax for cruise visitors on popular islands to combat overtourism (Fox News, September 11, 2024) and Rome plans to implement €2 entry fee for Trevi Fountain to manage crowds (Schengen News, September 10, 2024): https://docs.google.com/document/d/1x2KhZIWPr6m_mPoNHv0j0x58Linr_hjn/edit?usp=sharing&ouid=100480691374776403328&rtpof=true&sd=true (Types of goods, Taxes)
This popular snorkeling spot on Maui has been ‘overused’ from tourists, scientists warn (USA Today, April 14, 2023): https://docs.google.com/document/d/1pADspeDBYM8jI_S6JZ2ELIH_8DruqYCS/edit?usp=sharing&ouid=100480691374776403328&rtpof=true&sd=true (Common resources)
Consumer choice
’Too much’: Burger King’s new offering in Thailand has no meat and 20 slices of cheese (CNN Business, July 12, 2023): https://docs.google.com/document/d/1xsJplg0c7UiqlVnfNM5ocLafpdETv0zT/edit?usp=sharing&ouid=100480691374776403328&rtpof=true&sd=true
Betting on pumpkin fatigue, some brands see apple as the next big fall flavor (Modern Retail, September 11, 2023): https://docs.google.com/document/d/1U8n6CnWMT-D5UKpQitTErKdpBPaaLeIr/edit?usp=sharing&ouid=100480691374776403328&rtpof=true&sd=true
Ikea celebrates sales growth with lower prices (Retail Dive, December 1, 2023): https://docs.google.com/document/d/1MPur6QVR_w9TZeYusr-ZCyX9suMBRLKh/edit?usp=sharing&ouid=100480691374776403328&rtpof=true&sd=true (Consumer choice, Law of demand, Elasticity)
Two business school professors break down the deeper reasons why Starbucks customers were so enraged when the company changed its loyalty program (Fortune, January 25, 2023): https://docs.google.com/document/d/1KQbF7pVHN2Y8ii9--qodgYWKDvXPSCrw/edit?usp=sharing&ouid=100480691374776403328&rtpof=true&sd=true (Consumer choice, Behavioral economics)
Production and costs
China dairy farms swim in milk as fewer babies, slow economy cut demand (Reuters, September 20, 2024): https://docs.google.com/document/d/1Q6jWtvDwJUkAKsFS5lUUWyUPzYjLH9cH/edit?usp=sharing&ouid=100480691374776403328&rtpof=true&sd=true (Production, Costs, and Competition)
India landed on the Moon for less than it costs to make Interstellar (Independent, August 28, 2023) and The secret behind India’s budget-friendly moonshots: How ISRO has developed its low-cost edge (Economic Times, August 24, 2023): https://docs.google.com/document/d/1ceBepXVObgu9bX6GTf6NAgPzywGZ66c1/edit?usp=sharing&ouid=100480691374776403328&rtpof=true&sd=true
Why does my latte cost so much? (The Washington Post, November 10, 2023): https://docs.google.com/document/d/15TtxrcJxuGqNrsrlDQnDAjWilNs4fuRP/edit?usp=sharing&ouid=100480691374776403328&rtpof=true&sd=true (Supply and demand, Production and costs, Elasticity, Market structures – Review worksheet)
The startling economics of the world’s largest cruise ship (Wall Street Journal, November 30, 2023): https://docs.google.com/document/d/1U3vlmvvErdtMbvTD_7tdyKgMRz225pfY/edit?usp=sharing&ouid=100480691374776403328&rtpof=true&sd=true
How large corporations make huge profits from hidden markups at the expense of consumers (The Conversation, January 17, 2023): https://docs.google.com/document/d/1PuExJUk8kFlmCIyYnyXJAJSDXYjLH9Mr/edit?usp=sharing&ouid=100480691374776403328&rtpof=true&sd=true (Production, Costs of production, Market structures)
The underbelly of electric vehicles (The Washington Post, April 27, 2023): https://docs.google.com/document/d/1XwVTpEpIbquHFRnF2YEtNaIu_EFwI2fp/edit?usp=sharing&ouid=100480691374776403328&rtpof=true&sd=true
Perfect competition
Milk prices on the way up as flow-on effect of fewer dairy farmers impacts supermarket price (ABC Net, September 19, 2023): https://docs.google.com/document/d/1noivXSKLmOWs67gKY4FT7kjkyyH8NRO7/edit?usp=sharing&ouid=100480691374776403328&rtpof=true&sd=true
Chinese hand in global nickel price collapse (Asia Times, February 19, 2024): https://docs.google.com/document/d/1nttE-0htUA6bbAMk39LUZmYjSPZafc4-/edit?usp=sharing&ouid=100480691374776403328&rtpof=true&sd=true (Perfect competition, Oligopoly)
Apples and pears could be next UK food shortage, farmers warn (The Guardian, February 24, 2023): https://docs.google.com/document/d/1NeX_LmlIMs4znDuRKV9law9KiFksrHcq/edit?usp=sharing&ouid=100480691374776403328&rtpof=true&sd=true (Perfect competition, Monopolistic competition)
Monopoly
How Google’s huge defeat in antitrust case could change how you search the internet (USA Today, August 5, 2024): https://docs.google.com/document/d/16O_uwRL4T_kSso6VPuqX_rmGneUc_YpG/edit?usp=sharing&ouid=100480691374776403328&rtpof=true&sd=true
Google’s antitrust trial might show how it’s not abusing its monopoly power (Forbes, September 15, 2023): https://docs.google.com/document/d/1w9e1sasUcgcOCK6BCTTF-03GuZg7Dtj_/edit?usp=sharing&ouid=100480691374776403328&rtpof=true&sd=true
Apple hit with consumer lawsuit claiming cloud storage monopoly (Reuters, March 4, 2024): https://docs.google.com/document/d/16II-LiXp66dd0jZYhaXM62cvox-AqWBp/edit?usp=sharing&ouid=100480691374776403328&rtpof=true&sd=true
The Live Nation and Ticketmaster dominate the live entertainment industry (CNBC, January 25, 2023): https://docs.google.com/document/d/1veqFXFl8YI79bVZoAxXCLBCcKGq18vmW/edit?usp=sharing&ouid=100480691374776403328&rtpof=true&sd=true
Monopolistic competition
Goldfish is changing its name to ‘Chilean Sea Bass.’ Here’s why. (CNN, October 23, 2024): https://docs.google.com/document/d/1iu7FJnBu6b0dIqvdZgJ5WkgVz6h-4tWi/edit?usp=sharing&ouid=100480691374776403328&rtpof=true&sd=true
Lego grabs bigger share of declining toy market (Reuters, August 30, 2023): https://docs.google.com/document/d/1Y13qiDLLI_K7Ryj6_Ux9YsRn-V1DF2Pe/edit?usp=sharing&ouid=100480691374776403328&rtpof=true&sd=true (Monopolistic competition/Oligopoly)
Squishmallows and Build-A-Bear enter legal battle over ‘copycat’ plush toys: What to know (USA Today, February 19, 2024): https://docs.google.com/document/d/1Wss7zzHvv1Gx0zJynTHcndjBZ74Dtjxy/edit?usp=sharing&ouid=100480691374776403328&rtpof=true&sd=true
Domino’s built a pizza empire on delivery innovations; Now it faces challenges (Wall Street Journal, February 23, 2023, VIDEO): https://docs.google.com/document/d/1nHMSvaB0q0MACMnODZ6b10sKULHGLYUf/edit?usp=sharing&ouid=100480691374776403328&rtpof=true&sd=true
Oligopoly and Game theory
These two amusement parks giants just merged. Rollercoaster fans are nervous. (CNN Business, July 7, 2024): https://docs.google.com/document/d/1652FxlW6xeqymgeBMtyD1AT7YUUI5XWT/edit?usp=sharing&ouid=100480691374776403328&rtpof=true&sd=true (Mergers)
Two airlines dominate India’s growing market (Reuters, July 24, 2023): https://docs.google.com/document/d/1JIyGU7NnXYee_7-q1ZMr2adw_Sy_3Lom/edit?usp=sharing&ouid=100480691374776403328&rtpof=true&sd=true
UPS and FedEx are no longer the largest delivery companies in the US (New York Post, November 27, 2023): https://docs.google.com/document/d/1-R8lY_yr7rcOxigsPrkC4gF43RFFBGTd/edit?usp=sharing&ouid=100480691374776403328&rtpof=true&sd=true
Kroger wants to merge with rival Albertsons: What we know about the proposed $25B takeover (USA Today, January 21, 2024): https://docs.google.com/document/d/10yI3f3XgTKKNBzggbMbMibug3AeuYceT/edit?usp=sharing&ouid=100480691374776403328&rtpof=true&sd=true
Hershey and Cadbury chocolate makers eye price hikes to cover cocoa crunch (Reuters, February 14, 2024): https://docs.google.com/document/d/1Bq6l-7LxJ5Aexwt1F-Fc3gybbQ77uEli/edit?usp=sharing&ouid=100480691374776403328&rtpof=true&sd=true
The ice-cream conspiracy (Planet Money: NPR, February 8, 2023): https://docs.google.com/document/d/11iP4gPbsRc6xwUb3p6JjtuVRFEXYP9uy/edit?usp=sharing&ouid=100480691374776403328&rtpof=true&sd=true
PG&E monthly bills could jump for many customers due to new state law (SiliconValley.com, April 13, 2023): https://docs.google.com/document/d/1YtmIvBxazgorOJBPUqsOdPQgWMki2i2a/edit?usp=sharing&ouid=100480691374776403328&rtpof=true&sd=true (Oligopoly, Price discrimination)
International trade
The U.S. port strike is bad news for farmers, furniture stores – and just about everyone else (Quartz, October 1, 2024): https://docs.google.com/document/d/185i4qdBHGWqdDHkUmj9QxGl0vcWxzuR_/edit?usp=sharing&ouid=100480691374776403328&rtpof=true&sd=true (Trade, Labor market)
What are tariffs? What to know about Donald Trump’s plan to tax imports. (USA Today, November 11, 2024): https://docs.google.com/document/d/1eiOiHKDdtzCaS31nzsLN0A25SC24u8g6/edit?usp=sharing&ouid=100480691374776403328&rtpof=true&sd=true (International trade, Import tariffs)
U.S. to impose tariffs on tin mill steel from Canada, China, Germany – Commerce Dept (Reuters, August 17, 2023) and Who will the coming tinplate steel tariffs hurt? You, among others. (Forbes, August 16, 2023): https://docs.google.com/document/d/15uSckK09yOJVRGJFwGo2-_ZgRKwbHPnC/edit?usp=sharing&ouid=100480691374776403328&rtpof=true&sd=true
U.S. peanut industry likes retaliatory tariff suspension (Farm Progress, December 20, 2023): https://docs.google.com/document/d/12IC3js6HGGRJcYbr_HW1faIAYJ5_Q3-L/edit?usp=sharing&ouid=100480691374776403328&rtpof=true&sd=true
Strawberries to get pricier as UK nears Eqyptian tariff quota (The Grocer, February 9, 2023): https://docs.google.com/document/d/17fOWHwCxnDPsEavcHw8etM-V9NWBDolv/edit?usp=sharing&ouid=100480691374776403328&rtpof=true&sd=true
Labor markets
German firms tested 4-day workweek — here's the outcome (DW, November 5, 2024): https://docs.google.com/document/d/17-YF4h1haF1Fe9VuDHSC9AIp8g4CfZnp/edit?usp=sharing&ouid=100480691374776403328&rtpof=true&sd=true
At least 24 EU countries struggle with teacher shortages – here’s why (Euro News, August 30, 2024): https://docs.google.com/document/d/19G7b9joKl3Vu1a-zwrjXeTBHEP6GIJqd/edit?usp=sharing&ouid=100480691374776403328&rtpof=true&sd=true
Germany reports labor shortage in one-sixth of professions (ABC News, June 2, 2023): https://docs.google.com/document/d/1c47oOnajhj67rVhQ77H7_OGVSC_hlpTg/edit?usp=sharing&ouid=100480691374776403328&rtpof=true&sd=true
AI’s impact depends whether it displaces workers or augments them (Forbes, April 1, 2024): https://docs.google.com/document/d/1pCOHIt1atPi91NeH9Q5NAwpVCN9jXdg6/edit?usp=sharing&ouid=100480691374776403328&rtpof=true&sd=true
What’s happening with wage growth? (The Hustle, January 3, 2023) and Stay for pay? Companies offer big raises to retain workers (Mint, January 3, 2023): https://docs.google.com/document/d/1gstaKzV_2D4Qsx7SrYzb5_aOlVUbxMVN/edit?usp=sharing&ouid=100480691374776403328&rtpof=true&sd=true
Asymmetric information
With new SAVE repayment plan for student loans, college costs barely matter (Forbes, November 10, 2023): https://docs.google.com/document/d/1qe5CdppZ47EHOvsStfPKK_7jdahrqPl6/edit?usp=sharing&ouid=100480691374776403328&rtpof=true&sd=true (Moral hazard)
Salary Transparency Laws & Asymmetric Information (Monday Morning Economist, January 30, 2023): https://docs.google.com/document/d/1AV4YTKkp4f5Q1S1MF9FCV8_rjI3FiZuh/edit?usp=sharing&ouid=100480691374776403328&rtpof=true&sd=true
Behavioral economics
The answers behind why you feel superstitious (WTAJ, October 5, 2023), Are you a time optimist? (Stars Insider, October 20, 2023), and Power of delayed gratification (The Kathmandu Post, September 26, 2023): https://docs.google.com/document/d/1b_3R7BdPCPL6rYkTAYkX8V-V0d_XBZQG/edit?usp=sharing&ouid=100480691374776403328&rtpof=true&sd=true
When It Comes to Money, Your Brain Can Be Your Own Worst Enemy (New York Times, February 26, 2023): https://docs.google.com/document/d/1M9WWCIppxQApJdHnHAzOarLx_TIVmzlF/edit?usp=sharing&ouid=100480691374776403328&rtpof=true&sd=true
GDP, business cycles, and economic growth (LR growth)
Can Sweden show Europe how to compete again? (Deccan Herald, August 15, 2024): https://docs.google.com/document/d/1NqaisWVv_n42ydL2cYeelspSpAl28bqh/edit?usp=sharing&ouid=100480691374776403328&rtpof=true&sd=true (Entrepreneurship, GDP)
Businesses’ investment in new equipment helped boost GDP (Marketplace, August 29, 2024): https://docs.google.com/document/d/1vxc1Ru70rf2-4a8DLrSl330aAN6WMu5J/edit?usp=sharing&ouid=100480691374776403328&rtpof=true&sd=true (GDP)
Get ready for the full-employment recession (The Wall Street Journal, June 3, 2023): https://docs.google.com/document/d/1baT-ZaOz4orsgukJeFj4gvPmIOme6OE9/edit?usp=sharing&ouid=100480691374776403328&rtpof=true&sd=true (GDP, growth, employment, monetary, fiscal policies)
Consumption, the biggest component of US GDP, looks fragile (Fxcm.com, April 2023) and Americans are flocking to movie theaters. Could it be a recession warning? (Quartz, April 21, 2023): https://docs.google.com/document/d/1kowlocktwt7FeSr5_bLTVgn8ahNINzBw/edit?usp=sharing&ouid=100480691374776403328&rtpof=true&sd=true
Inflation and unemployment
Labor is a terrible guide to inflation, but nobody wants to admit it (The Wall Street Journal, September 5, 2023): https://docs.google.com/document/d/1WcLCCBb9ZiwE6DB7WZRxL4uQo8oJBKYN/edit?usp=sharing&ouid=100480691374776403328&rtpof=true&sd=true
Labor supply helped tame inflation. It might not have much more to give. (Wall Street Journal, January 21, 2024): https://docs.google.com/document/d/1WaTQfX4OBSzGcQw852IhNS3hIBBHSzUG/edit?usp=sharing&ouid=100480691374776403328&rtpof=true&sd=true (Labor market, Inflation)
Argentina's inflation rate at 95%, highest since 1991 (Reuters, January 12, 2023) and Argentine artist paints on inflation-hit bank notes (Reuters, January 3, 2023): https://docs.google.com/document/d/1CRx7nMN8NezPKWDTcv7lz7WsHXL0J0rs/edit?usp=sharing&ouid=100480691374776403328&rtpof=true&sd=true
Small businesses face hiring challenges despite fears of recession (Forbes, February 28, 2023) and No matter the market, there's always a demand for great talent: Here's how to cultivate and keep it (Forbes, April 10, 2023): https://docs.google.com/document/d/1h8oENE9uBZMZAesmB1Mdz0e5t3s15WJi/edit?usp=sharing&ouid=100480691374776403328&rtpof=true&sd=true
SR fluctuations (Aggregate supply and aggregate demand, Aggregate expenditure)
How hurricanes Milton and Helene will impact U.S. jobs (Forbes, October 11, 2024): https://docs.google.com/document/d/1SxT74pAcAJgzDwwpPW-aUldIqcSOHnWz/edit?usp=sharing&ouid=100480691374776403328&rtpof=true&sd=true (Business fluctuations, Unemployment, Monetary policy)
Japan economy gets major boost from weak currency (BBC, August 15, 2023): https://docs.google.com/document/d/1nIl6xJMesGi0dpdVArLAbK60rLsaMf2T/edit?usp=sharing&ouid=100480691374776403328&rtpof=true&sd=true
Money, banking, and the Federal Reserve system
Fiat vs. crypto: Argentina leads USDT adoption amidst crippling 276% inflation (AmbCrypto, July 11, 2024): https://docs.google.com/document/d/1t0GB9OLKFAojh3UGY81w1mv7aNU7F1RD/edit?usp=sharing&ouid=100480691374776403328&rtpof=true&sd=true (Money, Inflation)
Deflation is anti-inflation. Here’s where prices fell in September 2023 in one chart (CNBC, October 13, 2023): https://docs.google.com/document/d/1GG35rBoAx892sM5N6HjhPb2974w2rCMX/edit?usp=sharing&ouid=100480691374776403328&rtpof=true&sd=true (Money, Inflation)
Why the cost of money is about to go up? (Bloomberg, January 11, 2023): https://docs.google.com/document/d/1teuNXp5bMmvo0vmNkv7KdnJFDVwt9seO/edit?usp=sharing&ouid=100480691374776403328&rtpof=true&sd=true
The SVB collapse explained by an economist. Silicon Valley Bank failure (YouTube, Economics with Dr. A, March 11, 2023, 2:51 min.) and What is a bank run? (CNN, March, 2023, 1:59 min.): https://docs.google.com/document/d/1K-Jt6AKPL-pcQaPwm62vz-ne42I0MvJw/edit?usp=sharing&ouid=100480691374776403328&rtpof=true&sd=true
Monetary and fiscal policy
A home isn’t the first thing Americans want when interest rates fall (Quartz, September 4, 2024): https://docs.google.com/document/d/1bY13pEOeImX-uI7mcyotegwdjjhyZ_G-/edit?usp=sharing&ouid=100480691374776403328&rtpof=true&sd=true (Interest rates, Monetary policy)
Switzerland becomes first major economy to cut interest rates in surprise move (CNBC, March 21, 2024): https://docs.google.com/document/d/1dSNQzmludW0oPP9HEBEMVAVxr9K5KF3A/edit?usp=sharing&ouid=100480691374776403328&rtpof=true&sd=true (Monetary policy, Exchange rate)
Sticky inflation with monetary and fiscal imbalance (Trail-Gazette, March 24, 2023): https://docs.google.com/document/d/1IyI3UODaBwayjAglCVeVHrx3w6BTdsNf/edit?usp=sharing&ouid=100480691374776403328&rtpof=true&sd=true
Exchange rates
Top 10 strongest currencies in the world in 2023 (Forbes, March 23, 2023) and Burgernomics: What is the Big Mac index? (NewsBytes, March 3, 2023): https://docs.google.com/document/d/1RHNEA_cPC2fTMEibaAYLOsdgVUA9a8Vv/edit?usp=sharing&ouid=100480691374776403328&rtpof=true&sd=true
Federal budget, national debt
US national debt hits record $34 trillion (CNN, January 3, 2024): https://docs.google.com/document/d/1QxEx6bQi4sAI6t0Anpx-xJ3Tcy5VmJr4/edit?usp=sharing&ouid=100480691374776403328&rtpof=true&sd=true
WORKBOOKS:
· Workbook with worksheets from AY 2023-2024 (No answers), published in May 2024 (NEWEST): Amazon Kindle format and Paperback format
· Workbook with worksheets from Spring 2023 (No answers), published in May 2023 (last year): Amazon Kindle format and Paperback format