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February 13, 2016 

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Should have been in Super Bowl?

Patriots.
Chiefs.
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Packers.
Cardinals.
Vikings.

FICA: The abbreviation for Federal Insurance Contributions Act, passed in 1939, which established payroll deductions from wage-earning employees and the employers for the Social Security system. This is the noted Social Security tax that wage earners pay and which is then used to provide Social Security benefits to the elderly, disable, and qualified dependents.

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Menu of Lessons
A. Introduction
  • Economic Basics
  • Economic Science
  • Scarcity
  • Production Possibilities

  • B. The Market
  • Demand
  • Supply
  • Market
  • Market Shocks

  • C. Behind Demand
  • Consumer Demand
  • Utility and Demand
  • Elasticity Basics
  • Elasticity and Demand

  • D. Behind Supply
  • The Firm
  • Production
  • Cost
  • Perfect Competition

  • E. Market Structures
  • Market Control
  • Monopoly
  • Monopolistic Competition
  • Oligopoly

  • F. Factor Markets
  • Factor Demand
  • Factor Supply
  • Factor Market Equilibrium

  • Jump to Macro Course
    Microeconomics

    Introductory Microeconomics is the study of the individuals, firms, markets, and industries, including the topics of consumer demand, production, cost, market structures, and factor markets.

    To access a given lesson, click on the corresponding link in the Menu of Lessons presented to the right.

    GOLDSMITH MONEY CREATION

    An illustration of the basic money creation process undertaken by banks using the hypothetical activities of a hypothetical goldsmith. The goldsmith profession of Medieval Europe provides insight into the modern banking business, including the seemingly magical ability of banks to create valuable money out of inputs with significantly less value.

    Complete Entry | Visit the WEB*pedia


    APLS

    State of the ECONOMY

    Housing Starts
    November 2015
    1,173,000
    Up 10.5% from Oct. 2015: U.S. Dept. of Com.

    More Stats

    RED AGGRESSERINE
    [What's This?]

    Today, you are likely to spend a great deal of time lost in your local discount super center looking to buy either high-gloss photo paper that works with your printer or a desktop calendar with all federal and state holidays highlighted. Be on the lookout for malfunctioning pocket calculators.
    Your Complete Scope

    This isn't me! What am I?

    In the late 1800s and early 1900s, almost 2 million children were employed as factory workers.
    "Don't be afraid if things seem difficult in the beginning. That's only the initial impression. The important thing is not to retreat; you have to master yourself."

    -- Olga Korbut, Gymnast

    ILS
    Indirect Least Squares, International Labor Standards
    A PEDestrian's Guide
    Xtra Credit
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