Higher Rock Education - Economics Blog

Are There Any Unlimited Resources?

Tuesday, August 29, 2017

Economics is the study of how every business, person, and government allocates their limited resources. A resource must be useful to be classified as a resource. Chances are new economic students have covered the economic principle of scarcity in their first lesson. If a resource is not scarce, it means it is readily available at no charge. Can you identify the only resource that is not scarce? Listed below are several of the suggestions made by my students and the only resource that is not scar More

Volunteering - What is the Real Value of Your Time?

Monday, July 10, 2017

In my spare time, I (Hannah) spend many hours volunteering at an organization called Hope Reins located in Durham, NC. Hope Reins is a Christian nonprofit that pairs a rescued horse, a hurting child, and a caring session leader for ninety minute sessions in order to help the child find hope and healing in Jesus Christ. Serving in this ministry is truly one of my greatest joys and passions. For many nonprofits, Hope Reins included, volunteers and financial donors are More

Five Everyday Economic Illustrations That Do Not Involve Money Part 2

Wednesday, February 22, 2017

Last week this nerdy economist wrote a blog providing examples of the relevancy of economics in everyday life that I used in the classroom. Here are five moreā€¦. More

The Great US Recession - Opportunity Amidst Crisis

Monday, November 07, 2016

One of our contributors lives in New York City and tells her story of how the recent recession impacted her life, but ultimately provided an opportunity. More

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