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Posts in Microeconomics

The Killers, "Mr Brightside"

Useful for loss aversion and bounded rationality.

Microeconomics, AP ECON / FoundationsWayne GeerlingJanuary 15, 2020behavioral economics, bounded rationality, loss aversion, music for econ, rationality, status quo bias, sub-optimal, The Killers

Old Dominion, "Break Up with Him"

Useful for status quo bias and sunk costs.

Microeconomics, AP ECON / FoundationsWayne GeerlingJanuary 15, 2020loss aversion, music for econ, status quo bias, sunk costs, Old Dominion

Joris, "Heart Over Head"

Useful for bounded rationality.

Microeconomics, AP ECON / FoundationsWayne GeerlingJanuary 15, 2020behavioural economics, bounded rationality, loss aversion, music for econ, rationality, status quo bias, sub-optimal, Joris, German

BTS, "No"

Useful for externalities.

Microeconomics, AP ECON / FoundationsWayne GeerlingJanuary 15, 2020comparative advantage, cost benefit, k pop, music for econ, negative externalities, positional arms race, zero sum game, BTS

Louis the Child & Icona Pop, "Weekend"

Useful for intertemporal decision making.

Microeconomics, AP ECON / FoundationsWayne GeerlingJanuary 15, 2020behavioral economics, availability bias, inter-temporal decision making, music for econ, time discounting, Louis the Child Feat. Icona Pop

Vishal & Shekhar, "I Wonder Why"

Useful for opportunity cost.

Microeconomics, AP ECON / FoundationsBen SmithJanuary 15, 2020bollywood, hindi, love, marginal thinking, music for econ, negative sum game, opportunity cost, payoffs, positive sum game, tradeoffs, utility, zero sum game, Vishal & Shekhar