Hi everyone. My apologies that we can’t meet in person anymore – as the university is now running classes online due to the COVID-19 quarantine. You will have seen that the lectures are already online – feel free to watch them when you can. Lecture 7 slides are here and Lecture 8 slides are here. […]
Greetings reader from 2120, I see that you are trying to work out what the economic consequences of the unfolding pandemic in your time will be – and so are looking up information on the COVID-19 pandemic from 2020. I am a random person from 100 years earlier, and I am here to guide you […]
Gulnara keeps telling me that she needs to go shopping – but of course there is a nationwide quarantine so she’s stuck at home listening to me. Although I feel some sympathy with her situation, I was worried that I will get dragged all around the place when we do go shopping in the future […]
As a way of thinking through the material in the last three weeks of class (Week One, Two, and Three) I’d be keen for you to watch a video from the Primer Youtube channel. Note: I prefer to hyperlink rather than embed the link, so the channel provider gets the ad revenue – it doesn’t […]
Hello all! Last week you learned about indifference curves and budget constraints, and how we could use these concepts to understand individual choice. In the end we were able to build a demand curve that related the quantity demanded by an individual to the price of the product. This week you will go through more […]
Toilet paper has been running out all around the world, with Australian’s genuinely fighting over it in supermarkets – and there has been a big show about it in the news. This leads to some interesting thought experiments such as: And yet, here I am in a big Wellington supermarket. It has: lots of toilet […]