Archive for the ‘Shortage’ Category

High Prices Aren’t Scaring Consumers Away From The Meat Counter   Leave a comment

porkLink: http://www.npr.org/blogs/thesalt/2014/08/26/343403757/high-prices-arent-scaring-consumers-away-from-the-meat-counter 

Summary: A discussion of the factors impacting supply and demand of pork. Includes consideration of behavior of retailers and consumers in respond to changes in the market.  Considers influences and impacts of related goods.

Original Air Date: August 26, 2014

Length: 4 minutes 22 seconds

Discussion Prompt: In this podcast, what factors are driving the increase in the price of meat?  How does this relate to supply/demand factors that we are studying? Can you give two specific examples of other factors of demand or supply that might impact the price of meat? For each example, name the ‘factor of demand/supply’ and give a specific example.

Follow-up Prompt: Review the posts of your peers, comment on the accuracy of their suggestions and try to add more examples and expand on their ideas.

 

Posted September 21, 2014 by audioecon in Elasticity, Market structure, Shortage

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For Ethiopian Women, Construction Jobs Offer A Better Life   Leave a comment

ethiopia-women-construction3Link: http://www.wbur.org/npr/207858449/for-ethiopian-women-construction-jobs-offer-a-better-life

Summary: Discusses the impacts on women and on various markets in Ethiopia as women enter the construction industry.  Example of gender pay gap.

Length: 7:49 min

Original air date: August 7, 2013

Posted August 12, 2013 by audioecon in Labor market economics, Shortage

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Parking is Hell   3 comments

freak parkingLink: http://www.freakonomics.com/2013/03/13/parking-is-hell-a-new-freakonomics-radio-podcast/

Summary: Interview with Professor of Urban Planning, Donald Shoup, author of The High Cost of Free Parking about the hidden price of ‘free’ parking. Includes consideration of the use / abuse of handicapped placards and the percentage of urban land taken up by parking areas.

Length: 37:09

Original air date: March 13, 2013

Posted May 20, 2013 by audioecon in Public goods, Shortage, Urban economics

Do Sanctions Work?   3 comments

A man looks at the rates outside a currency exchange in a shop in TehranLink: http://www.npr.org/blogs/money/2012/01/17/145361054/the-tuesday-podcast-do-sanctions-work

Summary: Interview with Economist Gary Hufbauer to consider the effectiveness of sanctions as a political tool, in the context of imposition of new sanctions to Iran. Includes a profile of life in Iran in the early 1990s under U.N. sanctions.

Original Air Date: January 17, 2012

Length 22:54

Main story content begins: 2:46