Sites to Browse – Money – Financial – The Economics of Seinfeld

19 Dec

Learn about monopoly power as Kramer tries to sneak coffee into a movie theatre.

In today’s hard economic times you’ve probably been bored to tears hearing about economic terms such as nominal exchange rates, financial intermediation, and the depreciation of capital.

What better way to understand economic terms than to watch classic Seinfeld clips? That is exactly what Professor Linda S. Ghent, Associate Professor Alan Grant, and Assistant George Lesica of Eastern Illinois and Baker Universities thought. These educators have combined videos of Jerry, George, Elaine, and Kramer, so by watching them talk to a lawyer about spilled coffee, try to find an automobile in a huge parking garage, and discuss a “big salad”, you may learn economic concepts such as comparative advantage, opportunity cost, and rate of time preference….

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