If you’ve ever taken Econ 101 then you’ll recall in the first-class this simple principle. The entire economic system relies on the foundation of supply and demand. This in turn produces scarcity. The more scare a product or service, the higher the price (and the lower the quantity). When demand drops so does price. Take … Continue reading Print Book Industry Relies on Coloring
From everyone here at DiscussEconomics we want to wish you a great Christmas. Hopefully your bills won’t get the better of you this season, but hey, if people didn’t spend we’d have nothing to talk about! If you don’t do the Xmas thing then hey, Happy Holidays nonetheless. Keep yourself tuned for the latest news … Continue reading Merry Christmas From DiscussEconomics
And we don’t blame him…
DiscussEconomics would like to wish all our American blog readers and contributors a happy Fourth of July. Hope you actually got the day off! PS. Please stop buying so many things on credit. -B
To all our Canadian readers and students we want to wish you a Happy Canada. Keep it real Canada! (Which is where we’re from FYI.) – B
DiscussEconomics is celebrating our 1000th comment! We wanted to spend special attention to this occasion because part of ‘DiscussEconomics’ is the ‘discussion’ and that includes you the reader! Thanks for being a participant and cheers towards another 1000! Our 1000th post located in this post on printing money.
A chemist, an engineer and an economist are stranded on a deserted island. They carry with them some canned food but have no ordinary means of opening the cans. The chemist suggests gathering some wood and starting a fire and then holding the cans over the heat, counting on the expanding contents to burst open … Continue reading A chemist, an engineer and an economist joke
Wishing you and yours a Happy New Year! All the best in 2010. We will be here for another year adding great content to our economics and personal finance blogs, and news and articles in our econ forums.
All the moderators from DiscussEconomics would like to wish all our users and readers a very Happy and safe Christmas. Yes, we called it Christmas, you festivus poles can sit on it. 😛 Also, please have a Happy New Year and don’t forget to bookmark DiscussEconomics for your latest Econ news and personal finance tips.
Good news to our readers, we’re gearing up for the start of the new semester. Economics is a hot class to take especially given the recent world events surrounding our economy and money. As such, we’re continually rolling out new microeconomics and macroeconomics notes, articles, and explanations for your review. So be sure to visit … Continue reading Gearing up for the new semester in Micro and Macro