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Thursday, June 13, 2013

About Economics: Diamonds, Job Creators, and Jobs Numbers...


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From Jodi Beggs, your Guide to Economics
Hi all!
This week I've got three regular posts and then a more classroom-type piece on the concept of economic utility. Hopefully you enjoy all of them!
Cheers,
Jodi

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Fun With the May Jobs Report...
Hey party people, it's that time of the month again when we get new unemployment numbers from the Bureau of Labor Statistics. Read More

A Very Earnest Message From a "Job Creator" to the Senate...
I was told a number of years ago that Harvard Kennedy School professor Rob Stavins is always very careful to point out to his students that a job created is a cost, not a direct benefit. Read More

Monopoly and Marketing All in One, Diamonds Edition...
Economists are quick to point out that, compared to competitive markets, monopolies raise prices for consumers by restricting supply compared to what would be optimal for society. Read More

Measures and Properties of Utility
In economics, the concept of utility is a way to quantify the amount of happiness that an individual receives from consuming a good or service. Read More
Search Related Topics:  utility maximization  consumer choice 



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This newsletter is written by:
Jodi Beggs
Economics Guide
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