Great Big Stuff (Dirty Rotten Scoundrels)

Freddie is asked what he wants – and he doesn’t hesitate to answer. He wants all sorts of things. This would be a good song to play to introduce the concept of marginal utility and/or the marginal utility of wealth. If you don’t have much money, receiving $10,000 can be life-changing. But after you’re already […]

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Airport Song (Honeymoon in Vegas)

Jack wants to get from Kauai to Las Vegas as soon as possible. The initial price quoted is exorbitant, and then the airline employees discuss other routes that might be more-reasonably priced. This song provides a great introduction of price discrimination. Airlines attempt to charge customers different prices based on how much they’re willing to […]

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