Cinderella and her Fairy Godmother sing in this song. Initially, the song focuses on what is impossible. Relating this to economics, Cinderella desires a point that is beyond the boundaries of her production possibilities frontier (PPF). The way to obtain a bundle that is initially impossible to obtain is by obtaining or creating a new […]
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Norma Desmond wants to look younger, and is willing to endure significant pain to get there. This is a great song to illustrate two concepts – tradeoffs and opportunity cost. The tradeoffs here are clear – to look younger and better, Norma Desmond has to endure some suffering. This song also is a good one […]
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In Legally Blonde, Elle Woods was just dumped by Warner, the boyfriend she thought would marry her. In What You Want, she sings about how she’s going to get back him back. She has decided to attempt to get into law school. Once she accomplishes that, she’ll move from Southern California to Harvard and spend […]
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This is a great song to illustrate both trade-offs and opportunity costs. Kathy is singing a letter that she’s writing to her husband, Jamie. She is taking a shot at her dream of being an actress, but to do so she has to spend the summer in a small town in Ohio. She’s not happy […]
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