I read a cool book over Winter Break -- The Economic Naturalist. It's a collection of short explanations for every day oddities -- all written by Econ students! Here are some examples of the enigmas they observe:
Why are milk cartons rectangular, but soft drink cans round?
Why are there braille dots on the keypads of drive-up ATMs?
Why are the portraits on coins done in profile while those on paper money are in full face?
Your blog post for the end of the semester is to consider an odd situation you observe as you live your life here in Bahrain. In your post, please do three things:
1) Describe the situation and ask the question you will answer.
2) Offer the simplest economic explanation.
3) Briefly consider the greater complexity of the situation.
Keep your limit to 200 words. To give you an example, I've posted mine as the first comment [175 words :-)]. Have a look at it to get your ideas flowing.
I hope you will see economics all around you. Have fun!
Wednesday, January 13, 2010
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