Common Resources

Below are photos and descriptions taken by actual students who were tasked with finding economics principles in their hometown over holiday breaks. Textbooks tend to give the same boring examples over and over, but even students in fundamentals of microeconomics can apply the lessons they have learned on a truly micro level.
Jadrian Wooten, PhD

@Wootenomics

Park Maintenance

(Issaquah, WA) When faced with an either-or decision the park has to choose which ever choice leads to positive economic profit. So in this case removing the trees would lead to a negative economic profit, so the choice the park makes is to leave the trees in the parking lot because they don't incur a negative economic profit in doing so. (Submitted by: Connor McCulloh)