This Is Economics

enjoy :)

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Economic Christmas card By Richard W. Evans

Merry Christmas and Happy Holidays from the Evans family!

There is no RECESSION of Christmas spirit at the Evans home this year, despite theECONOMIC DOWNTURN. We have moved into our new home in Provo, which represents our own little MORTGAGE-BACKED SECURITY. However, a remaining problem is that our landscaping still has a tendency to cause GREAT DEPRESSION.
Rick’s UNEMPLOYMENT RATE has decreased due to his finishing graduate studies at the University of Texas at Austin and starting his new job as an Assistant Professor of Economics at BYU.

Marty has more projects going right now than BEN BERNANKE and HENRY POULSONcombined. She has been hosting family, helping out with William’s and Jane’s classes at the elementary school, and working on making our biggest COLLATERALIZED DEBT OBLIGATION (our house) into a beautiful home. With everything happening on the home front, it sometimes feels like our HOUSING BUBBLE might burst.

The biggest ASSETS in our TREASURY are William (8), Jane (6), and Katie (2). William is turning into a wonderful young boy who will often BAIL OUT his parents by being a good big brother to his two younger sisters. Jane is a sweet INVESTOR in our family’s happiness, although she occasionally meets with some COUNTERPARTY RISK from her other two siblings. Katie is best described as a two-and-a-half year old STIMULUS PACKAGE. She is an extremely energetic kid with startling upper body strength (this is no joke).

In summary, our FHI (Family Happiness Index) has increased 4.7% on a seasonally adjusted year over year basis. With Marty’s careful OPEN MARKET OPERATIONS and Rick’s LABOR MARKET INTERVENTIONS, we hope to avoid any DEFLATION in this number. We wish you a merry Christmas and a happy holiday season. Please feel free toDEPOSIT yourselves on our doorstep any time.


Rick, Marty, Will, Jane, and Katie


Filed under funny humor economics christmas

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my favorite tutor/teacher on youtube! this guy helped me get through economics without failing :)

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Hans Rosling looks at how wealth and health have changed and evolved in different countries and regions over the past 200 years and how historical events impacted these factors.  He shows these statistics in an amazing interactive graphic.  I could imagine using this video when talking about health, lifespan, world economics, World Wars, disease, and probably much more.  This would even be great for a statistics or math class to show how statistics can be shown to make a point beautifully.  As a social studies teacher, I would look to show this video early on in the year to show the relationship between cause and effect in world events and changes. 

(Source: revolutionizeed)