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

Economic Analysis of the Solar Eclipse

Tuesday, August 22, 2017

For the first time in 99 years, a solar eclipse was visible from coast to coast across the United States. Click to read our analysis of the Economic Impact of the Eclipse. More

State of the Economy - July 2017

Friday, August 18, 2017

The US economy continues to grow, inflation remains low, and employment is rising. Stock markets continue to hit record highs fueled by positive corporate earnings. Read more at Higher Rock Education! More

Coping in Venezuela - A Student's Story

Tuesday, August 15, 2017

My name is Kervin. I am studying to be an English teacher at the Universidad Pedagógica Experimental Libertador (UPEL) located in Maracay Venezuela. The current political and economic turmoil in Venezuela has added many challenges to being a student. Many students risk their lives and endure many hardships every day. I have been asked to share the challenges that I face daily. I am not alone. Many students in Venezuela face even worse than what I describe below. More

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