Sex, Drugs and Economics

As I noted in this post earlier in the week, my ECONS101 class has just covered the supply and demand model. Once you've seen it and you...

The market capitalisation of a major tech firms is a big number. The Gross Domestic Product (GDP) of a country is also a large number. Howev...

My ECONS101 class is on a teaching recess at the moment. Just before the recess though, we covered supply and demand. So, it's timely fo...

The value of a statistical life (VSL) is a fairly difficult concept for a non-economist to get their head around. The fact that economists o...