As a way of thinking through the material in the last three weeks of class (Week One, Two, and Three) I’d be keen for you to watch a video from the Primer Youtube channel. Note: I prefer to hyperlink rather than embed the link, so the channel provider gets the ad revenue – it doesn’t […]
Hello all! Last week you learned about indifference curves and budget constraints, and how we could use these concepts to understand individual choice. In the end we were able to build a demand curve that related the quantity demanded by an individual to the price of the product. This week you will go through more […]
Toilet paper has been running out all around the world, with Australian’s genuinely fighting over it in supermarkets – and there has been a big show about it in the news. This leads to some interesting thought experiments such as: And yet, here I am in a big Wellington supermarket. It has: lots of toilet […]
Hello again everyone. This week a different lecture is coming in to discuss economics with you – he’s great and you are all going to have a wonderful time. I cannot link your lecturer’s slides here – but he is covering similar ground to other years. As a result, here is the Wednesday and Thursday […]
Hi everyone – welcome to what will become a (regular) Wednesday post, even thought today is Tuesday. To the students reading this, welcome to VUW’s ECON 130. The purpose of these weekly posts is to outline some of the key questions we should be able to think through given what we have worked through in […]
I was recently asked to explain the money-shot result from my PhD in a more accessible way – and I thought I’d share that here, just to get some feedback regarding whether the words I’m using actually make sense when they are put together: