Class first read a story from the NYTimes INDIVIDUAL RETIREMENT ACCOUNTS (IRA'S) Summer Job? Time to Start a Roth I.R.A. AUG. 1, 2014
The class discussed this article after reading.
Next the class listened to a report on the economy and auto loans that aired this morning on NPR's Morning Edition.More Americans Opt For Risky Long-Term Car Loans
The class discussed this story in light of recommendations for saving from the Times article, and the discussion in previous class about establishing and using credit.
Next the class returned to elasticity of demand, first reviewing the concept, then looking at how elasticity relates to the quantity supplied (e.g. effects the Law of Supply) using these online notes http://www.investopedia.com/university/economics/economics4.asp.
Finally the class considered the cost and supply of insulin (as reported on NPRs Morning Edition today) as a case study of supply and inelastic demand.
The class discussed this article after reading.
Next the class listened to a report on the economy and auto loans that aired this morning on NPR's Morning Edition.More Americans Opt For Risky Long-Term Car Loans
The class discussed this story in light of recommendations for saving from the Times article, and the discussion in previous class about establishing and using credit.
Next the class returned to elasticity of demand, first reviewing the concept, then looking at how elasticity relates to the quantity supplied (e.g. effects the Law of Supply) using these online notes http://www.investopedia.com/university/economics/economics4.asp.
Finally the class considered the cost and supply of insulin (as reported on NPRs Morning Edition today) as a case study of supply and inelastic demand.
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