Assignment: Yesterday we learned about the concept of scarcity (limited resources) and how it is the basis for trade, among other things. Analyze Rhymefest’s “Devil’s Pie.” How does he describes the impact of economics on himself and those around him? What message is he trying to get across? Do you agree or disagree with him? What are some current events that this song might speak to (for instance, the auto industry bailout)?
Introduction to Economics: Scarcity, Factors of Production, Opportunity Cost.
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Assignment: Yesterday we learned about the concept of
scarcity (limited resources) and how it is the basis for trade, among other things. Analyze Rhymefest’s “Devil’s Pie.” How does he describes the impact of economics on himself and those around him? What message is he trying to get across? Do you agree or disagree with him? What are some current events that this song might speak to (for instance, the auto industry bailout)?
What did we do?What did we learn?Did we check the blog?(no we didn’t)