Economics

Until we have influencers willing to accurately define reality, we will continue to attempt to fix the blame rather than fix the problem.

We do what we are rewarded for doing. We are strongly motivated by the desire to maximize the positive consequences of our actions and minimize the negative consequences. Academics identify these a…

Bud commercial.

Former Wells Fargo bankers tell CNNMoney's Cristina Alesci how they tricked customers and opened fraudulent accounts.

Apple Card is a better kind of credit card. And with Apple Card Monthly Installments, you can pay for a new iPhone with interest-free payments.

We'll pick a random 10-year period and see if you can spot and avoid the downturn.

Edpuzzle video lesson. Make any video your lesson. Take a video and crop it, add your voice or embed questions at any point.

Question of the Day Investing #31 Nike or Under Armour: Which company's stock has performed better over the past five years? www.ngpf.org Last updated: 5/719

Gimkit is a game show for the classroom that requires knowledge, collaboration, and strategy to win.

Consumers tend to overestimate their financial literacy; when given a financial quiz only 6 percent scored an "A." Overconfidence can lead to costly mistakes.

Popular payment app Venmo has ushered in 40 million users to its platform, its parent company PayPal announced on Wednesday.

Publishers say digital options make textbooks cheaper. Affordability advocates say it increases their stranglehold on the market.

With the help of statistics and economist, Ignacio Palacios-Huerta (who studied more than 11,000 penalty kicks), we take a look at why penalty shootouts are so unfair to the goalies and what can be done about it.

Current Topic: Oligopoly Previous Topics Connected: none Future Topics Foreshadowed: none Article Name: Why penalty kicks are so unfair to the goalie – according to an economist Link: https://mru.io/watchb6119 Description: Goalkeepers have just 0.4 seconds, the time it takes you to blink, t...

How can you win a race by going slow? Check out the following video from the World Cup 2012 Individual Sprint Track Cycling (similar scenes can be found at the Olympics). The two cyclists, some of the fastest riders in the world, start out by going as slow as possible, almost like something out of Monty […]

This video uses game theory to solve a simple problem. Bob and Al are magicians. They’ve agreed to only perform one show per week and each earn $10,000. But ...

Oligopoly and game theory 1. Carlise and Mary are the only two editors of mystery novels in the city of Readville. If Carlise and Mary collude to earn more profits, they would: a) each reduce the number of books published and raise prices.*** b) each reduce the number of books published an...

Answer: 27% Questions: Which majors do you think are more likely to lead to a job in that field? What steps can you take to prepare yourself for employment, regardless of which major you choose? Given that almost 3/4 of college grads end up in fields that are not related to their major, do you think it's a good idea to consider multiple majors while in college?  Click here for the ready-to-go slides for this Question of the Day that you can use in your classroom.  Behind the numbers (Inside Higher Ed): A New York Federal Reserve Bank study came up with this 27% statistic. The Insi...

Index funds (funds that mimic popular stock market indices like the S&P 500) now have more assets under management then active funds trying to "beat the market."  Per the WSJ:  Funds that track broad U.S. equity indexes hit $4.27 trillion in assets as of Aug. 31, according to research firm Morningstar Inc., giving them more money than stock-picking rivals for the first-ever monthly reporting period. Funds that try to beat the market had $4.25 trillion as of that date.

It's better to panic a little than to panic a lot