Monday 23 February 2009

Have you ever wondered...

I was thinking about an economics syllabus for "average" school students, because I've done ones for top students and for uni students several times.

I haven't worked out the answers but I was thinking of just asking the following questions:
  1. Why is this year's TV bigger, better and cheaper than last year's?
  2. Why is food cheaper in Asia?
  3. Why is Bill Gates the world's richest man?
  4. Who pays for pollution?
  5. How much is information worth?

Further Info:
There's No Such Thing as a Free Market
Sad Guys on Trading Floors
"How Many Currencies?" by Paul Krugman, The New York Times, 23 Feb 2010
Balassa-Samuelson Effect
"Copyright laws threaten our online freedom" by Christian Engstrom, FT.Com, 7 July 2009

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