Economics

The COVID-19 recession is likely to sideline a minimum wage hike for Michigan workers in 2021, the state announced Friday. The minimum wage was supposed to increase to $9.87 an hour and $3.75 for tipped employees under a 2018 law legislators passed to sidestep a ballot drive that successfully…

Legislation pending in Michigan that would limit direct vehicle sales in the state has narrowed to remove an exemption for Tesla, a change that major automakers say softened their earlier opposition to the bill. Its chances of passing, however, are not certain in the waning days of Michigan's…

Using the minimum wage as a classroom debate topic, students develop competencies in researching current issues, preparing logical arguments, thinking critically about a relevant economic issue, and formulating opinions based on evidence.

Why 15 ½?. I considered 17 ½, but decided not to include the games The Payoff and the Uber Game, that’s for a later post. Here are my favorite 15 ½ career unit interactives, ranked in reverse order.  #15: What Are Your Chances of Making It To The Executive Suite?: This is a great tool to help aspiring future CEOs understand what they need to do to live their dream. #14: Invest in What’s Next: Life After High School:   There are many possibilities for your life after high school and lots of questions to consider along the way.

Thanks to Brian Page for spending 20+ hours combing through and sharing this with the community!  He created a spreadsheet of careers that don’t require a 4 year degree, aren’t in a declining career field, and in most cases pay more than $30K. He did this for classes filled with non-college bound students and showed a 90 second career video to begin most of these classes and dubbed it "Career of the Day." He linked to the YouTube videos (click here) because the Career One Stop videos are slow, depending on the WiFi. Here's a link to the resource where Brian found ...

Test your skills running a business in this ultimate business simulation! As CEO, you will match wits in the competitive, technologically advanced industry of the Holo-Generator™.

Top reasons why bitcoin hit an all time high price include investor interest in Grayscale's GBTC, money printing and PayPal's recent push.

A look at the finances, footprints, and futures of department store chains.

Japan is seeking to boost its flagging birth rate by funding the use of artificial intelligence to help match lonely hearts, an official said Monday. Altho

‎Show Think Like An Economist, Ep Inequality - Understanding the Gap between Rich and Poor - Nov 30, 2020

‎Show Think Like An Economist, Ep A New Treasury Secretary - Who is Janet Yellen and what will she do? - Nov 23, 2020

‎Show Think Like An Economist, Ep Presidential Econ 101 - A To Do List - Nov 16, 2020

‎Show Think Like An Economist, Ep The Labor Market - Live to Work, or Work to Live? - Nov 9, 2020

‎Show Think Like An Economist, Ep Externalities - The Full Cost of the Choices we make - Nov 2, 2020

‎Show Think Like An Economist, Ep International Trade - Cars from Corn - Oct 26, 2020

‎Show Think Like An Economist, Ep Gains From Trade - Why Ringo played the drums - Oct 19, 2020

‎Show Think Like An Economist, Ep Economic Surplus - Getting the Most out of Life - Oct 12, 2020

‎Show Think Like An Economist, Ep When Governments Intervene - Taxes, Price & Quantity Regulations - Oct 5, 2020

‎Show Think Like An Economist, Ep Elasticity - What will you do when prices change? - Sep 28, 2020

‎Show Think Like An Economist, Ep Equilibrium - Balance in a Busy World - Sep 21, 2020

‎Show Think Like An Economist, Ep Supply - Getting the Best Out of What You Sell - Sep 14, 2020

‎Show Think Like An Economist, Ep The Law of Demand - How You Choose to Buy - Sep 8, 2020

‎Show Think Like An Economist, Ep Juggling Work and Childcare During a Pandemic - Sep 2, 2020

‎Show Think Like An Economist, Ep Core Principle 3 - The Marginal Principle - Just One More? - Aug 18, 2020

‎Show Think Like An Economist, Ep Core Principle 1 - The Cost-Benefit Principle - The Pros & Cons - Aug 18, 2020

‎Show Think Like An Economist, Ep Core Principle 4 - The Interdependence Principle - No Decision is an Island - Aug 18, 2020