Submitted by Zach Swain (Fall -- I chose to carve "Raise the Wage" into my pumpkin because my roommate and I got into a debate about whether it was a good economic policy to raise minimum wage. At the end, we agreed to disagree.
Submitted by Terah Johnston (Fall 2015) -- The idea behind my pumpkin design is “mobility”. Mobility is talked about often throughout this course, especially in the Friction chapter. I tried to think creatively by representing the mobility that some workers face in moving between different jobs. Therefore, I made my pumpkin mobile. (Note the blue string represents windows ☺)
Submitted by Costanza Perez (Fall 2015) -- I decided to put dollar signs in my pumpkin's eyes in order to represent how every one of our action's is driven by incentives. Incentives essentially make the world go round! Even submitting my pumpkin in this contest (when I had never in my life actually carved a pumpkin before) was as a result of the potential extra credit and weighing the opportunity costs vs the potential benefits.
Submitted by Steve Bercel (Fall 2015) -- The dollar sign is the symbol of money and how everything in economics revolves around money. I tried to do a supply of labor graph with wages on the y axis and employees on the x axis and an elastic curve in photo 2. I added a third greedy pumpkin (Jack Skellington from "Nightmare Before Christmas" by Tim Burton) with the money pumpkin to demonstrate the reality of economics in today's business enviroment. PS. My wife helped carve Jack Skellington.
Submitted by Taylor Grant (Fall 2015) -- I chose to do Supply vs. Demand arm wrestling because this is a fundamental concept throughout any discipline of economics from labor economics to environmental economics. It is a constant struggle for any market that we study to achieve that point and supply and demand, when one increases it can affect the other greatly, hence the arm wrestling.
Submitted by: Sammie Lynch (Fall 2015) -- I applied what I've learned in TWO semesters with you, thought it's the most basic concept in economics; the supply and demand curves. As you will see, the supply curve is illustrated by the yellow M&M's, and the demand curve is illustrated with the green M&M's. The red M&M marks the equilibrium point, where the two lines intersect (where supply and demand are equal).
Submitted by: Erin My Easter egg is modeled after former chairman of the Federal Reserve, Ben Bernanke. #TeachEcon
Submitted by: Heather Essentially, consumer compassion keeps the egg industry further from being perfectly competitive, and a tiny bit closer to the monopoly end of the spectrum than it otherwise would have been.