Showing posts with label economics. Show all posts
Showing posts with label economics. Show all posts
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?
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