Wednesday, 3 February

HOMEWORK listed at bottom of this post!

Remember that Government books must be returned by the time we check out Econ texts next class.

Vocabulary Flash Cards are due NEXT class.

Today class viewed three short lectures from the Khan Academy

1) Review of the Prisoners' Dilemma

2) In depth explanation of Nash Equilibrium

3) Why parties to cartels cheat

Then students worked in pairs to complete two more applications of the prisoners' dilemma and pay off matrices to business situations.

Next the class was given some tools for analyzing one's attitudes and values towards money and wealth.

Students were asked to answer the following questions for next class:
1) Did the sum of your answers surprise you?
2) What do you notice about yourself? What if anything do you the results make you think about or wonder?