Showing posts with label CSUSB micro. Show all posts
Showing posts with label CSUSB micro. Show all posts

Monday, June 6, 2011

Spring Micro Blog CSUSB #9

How does a market-oriented system (like the US mixed-capitalist system) determine "who gets how much" of the goods and services produced? Is this system the best way? Why or why not?

Wednesday, April 6, 2011

Spring Micro CSUSB Blog #1

Of the 10 Big Ideas, students generally agree "Incentives Matter" is one of the most important concepts in our course. Provide one example from your life where you responded to positive or negative incentives in making a decision. For example, recently the family wanted to go out to dinner. I suggested P.F. Chang's because I had received gift cards to that restaurant. The incentive to go there was stronger because the total bill would be smaller after the gift cards....make sense?