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NEW! – 02/19/21 Podcast – Authors Glenn Hubbard & Tony O’Brien discuss early thoughts on the Biden Administration’s economic plan.
Pearson Economics · Hubbard O’Brien Economics Podcast – 02-19-21 – Biden Economic Plan Authors Glenn Hubbard and Tony O’Brien discuss early thoughts on the Biden Administration’s economic plan. They consider criticisms of the most recent stimulus packages price tag of $1.9B that it may spur inflation in future quarters. They offer thoughts on how this … Continue reading “NEW! – 02/19/21 Podcast – Authors Glenn Hubbard & Tony O’Brien discuss early thoughts on the Biden Administration’s economic plan.”
The new fourth edition of our Money, Banking, and the Financial System text is hot off the presses. The new edition is thoroughly updated and includes coverage of the effects of the Covid-19 pandemic on the financial system, the Fed’s policy response to the pandemic, and issues raised by the Fed’s close collaboration with the U.S. Treasury … Continue reading “Annoucing Hubbard and O’Brien, Money, Banking, and the Finacial System, Fourth Edition.”
NEW! – 02/12/21 Podcast – Authors Glenn Hubbard & Tony O’Brien talk with early-career Econ graduate – Sydney Levine
Pearson Economics · Hubbard OBrien Economics Podcast – 02-12-21 – Conversation with Recent Grad Sydney Levine Authors Glenn Hubbard and Tony O’Brien catch up with recent Econ graduate – Sydney Levine. Sydney received her undergraduate degree from SUNY-Geneseo and received her master’s from Johns Hopkins University School for Advanced International Studies. She is now a … Continue reading “NEW! – 02/12/21 Podcast – Authors Glenn Hubbard & Tony O’Brien talk with early-career Econ graduate – Sydney Levine”
Supports: Hubbard/O’Brien, Chapter 8, Firms, the Stock Market, and Corporate Governance; Macroeconomics Chapter 6; Essentials of Economics Chapter 6; Money, Banking, and the Financial System, Chapter 6. We’ve seen that a firm’s stock price should represent the best estimates of investors as to how profitable the firm will be in the future. How, then, can … Continue reading “The Wild Ride of GameStop’s Stock Price”
Glenn recently co-wrote an op-ed column for the Washington Post with Alan Blinder. Blinder is a professor of economics and public affairs at Princeton University and served as vice chairman of the Federal Reserve Board from 1994 to 1996. They discuss President Biden’s proposed $1.9 trillion relief package currently before Congress. You can read the … Continue reading “Read Glenn Hubbard’s Recent Column, Co-Written with Alan Blinder, on the Covid-19 Relief Package.”
Jadrain Wooten is an associate teaching professor of economics at Penn State. Jadrian created the Economics Media Library. Clips to the site are included in Jadrian’s essay below. Last September, we interviewed Jadrian on our podcast. That podcast episode can be found HERE. What follows is an essay from Jadrian on ideas for teaching economics … Continue reading “Guest Post from Jadrian Wooten of Penn State on Using Pop Culture to Teach Economics”
Supports: Economics: Chapter 12 – Firms in Perfectly Competitive Markets (Section 12.5); Microeconomics: Chapter 12, Section 12.5; and Essentials: Chapter 9, Section 9.5 Solved Problem: Explaining Entry and Exit An article in the Pittsburgh Post-Gazette had the headline: “The Last Harvest: Beaver County Organic Farm Closes after Failure to Find Successor.” The article discusses the … Continue reading “Solved Problem: Why Will No One Buy This Farm?”
Guest Post from Bill Goffe of Penn State on Ways to Improve Your Teaching with Ideas Outside of Economics
Bill Goffe is a teaching professor at Penn State. Many instructors know Bill from his “Resources of Economists on the Internet,” which appears on the website of the American Economic Association and can be accessed HERE. Bill is also an associate editor of the Journal Economic Education. The journal’s website can be accessed HERE. Last … Continue reading “Guest Post from Bill Goffe of Penn State on Ways to Improve Your Teaching with Ideas Outside of Economics”
More Than You Probably Want to Know about the Debate Over Whether Giving Presents Causes a Deadweight Loss
If your sister gives you a sweater that you don’t like, the subjective value you place on the sweater will probably be less than the price your sister paid for it. As we saw in Chapter 4, Sections 4.1 and 4.2, consumer surplus is the difference between the highest price a consumer is willing to … Continue reading “More Than You Probably Want to Know about the Debate Over Whether Giving Presents Causes a Deadweight Loss”
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