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Supply & Demand Resources

Best of the Web. Picked by our PhDs

School House Rock: This For That

School House Rock rocks.  'Nuff said. 

Demand Gone Wild: Hannah Montana Mania

The Hannah Montana craze of a few years' back is mostly a memory now; young Miley Cyrus is trying to transition her career in a more, ahem, adult direction.  But there may be no better illustration of the workings of supply and demand than the fact that some person paid $13,000 for four tix to a Hannah Montana show.  Hope it was good! 

Ballparks, Hot Dogs, and Price Elasticity

During this recession, ticket sales to ballgames have held up pretty well.  But bleacher hot dog sales have flatlined.  What does that say about the relative price elasticity of tickets vs. hot dogs? 

Supply and Demand in College Dating

What happens to the dating scene when college enrollments shift toward a 60/40 female/male split?  Think about your supply and demand curves and you'll probably be able to guess the answer. 

Investopedia

Forbes' Investopedia offers a nice, clear breakdown of the basic principles of supply and demand here. 

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