Showing posts with label Elasticity. Show all posts
Showing posts with label Elasticity. Show all posts

Someone help her!

Here is a classic case of an opportunity to a) help someone else and b) test your own knowledge.

What happened to the Economics students who were told to post the answers to the multiple choice?

What happened to the Economics students who were given elasticity questions for homework last Friday?

STOP SLACKING!

Maths cancellation?


If you're faced with a sudden 2 hours on your hands - and you do Economics/Business Studies - then i hope you will use the spare time wisely.

And what could be wiser than reading this blog and learning some more Economics/Business Studies?

(Well, more mathsd is probably wiser - but that aside....)

Take a look at the FANTASTIC image on the left (from today's Financial Times) and also follow this link to see this interactive graphic. Also download or just view this ppt display from tutor2u.

Also consider this:
Can you discuss the effects, both positive and negative, of this recession on the Property Market of Asian developing economies, notably, China and India."

I will be expecting David and Mary to discuss this - or maybe Aidana or Anastasia. Then again I might ask Beavis and Long. I might ask Bibibibibibibi is she's not meditating.

is there anyone else I should ask?

Anyone who has posted long long blogs of excellent English?

Ah, yes, RINAT! Talking of Rinat, he could always revise his elasticity.....

Remember: in times of credit crunching, spend your money wisely

I suppose you could always study Mathematics for Economists....Mary - and if you had time, the class exercises.

:-)

Know the price of everything and the value of nothing?

I gave my class two bags of shopping today and told them to estimate the prices. The results provided an insight into prices in their country as well as the value they placed on the item.

Chocolate costing ONE POUND was 'priced' at THREE POUNDS+
Fruit at ONE POUND was priced at over THREE etc.

From the pricing we were able to discuss:

a. pricing policy
b. market research
c. elasticity
d. image/quality

... and also the cost of meals with a host family!

Please watch this:

Approach to teaching

Methods there are many, principles but few, methods often change, principles never do