demand – Sound Economics

Automobile Industry Feelin the Heat

Posted on October 23, 2016 by Cole Driscoll — No Comments ↓

On Monday Ford Motor company announced that they will be shutting down production of their F-150 pickup truck for a week. The demand for these American cars has been dropping and Ford has been feeling the heat from it. Ford’s F-150 truck has been the best-selling model in North America and Ford has seen steady growth in the last six years. But Ford was forced to shut down one of its Kentucky plants for the next week and temporarily idle production of several other plants in the US and Mexico. Reuters.com reports that 13,000 employees will be effected by these Continue reading Automobile Industry Feelin the Heat→

How NOT To Talk About Supply and Demand

Posted on April 23, 2014 by Andrew Monaco — No Comments ↓

When someone thinks of economics, the concepts of “supply and demand” often spring to mind. But, it can be easy to misuse the terms. Take this article from The Dish discussing the factors influencing the price a woman could receive for her donated eggs, which features this reader’s submission (emphasis mine): I seriously considered donating my eggs as a way to pay off some grad school debt. I knew from the frequent ads in my undergrad newspaper (a prominent liberal arts school) that there is a high premium not just for the characteristics of being tall, slim, and with high Continue reading How NOT To Talk About Supply and Demand→