About Economics: The Nudge Squad, Crystal Balls, and Gas Prices

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From Jodi Beggs, your Guide to Economics

Hi all,
I can't believe that summer is winding down already! Luckily, this week's articles are going to be helpful in my upcoming classroom discussions in the fall. Hopefully they are interesting to you as well!
Cheers,
Jodi

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Fun with Supply and Demand, Oil Prices Edition...

Contrary to what some people appear to think, gas prices are not set by politicians and are instead the result of the forces of supply and demand. Read More

Some Insights From the Economic Clairvoyants...

Economists generally aren't in the business of trying to predict the future, but there is a group of what the Philadelphia Federal Reserve Bank considers "professional forecasters." Read More

Employment and Productivity During Recessions...

When employment decreases more than output decreases during a recession, it implies that the remaining workers got more productive. Read More

The Implications of Behavioral Economics for Public Policy..

...aka the "Nudge Squad." Read More

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Jodi Beggs
Economics Guide
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