Everyday Economics

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.
Students often want to look up a topic in the book and then go out and find something to apply it to, which is the opposite of the intent of this assignment. Instead, students were asked to look for anything that stood out in their normal, everyday lives, and then use economics to explain the event. Essentially, order matters in the way that students find the example first, then apply economics.
Jadrian Wooten, PhD