ECN201
Assignment: Inputs
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You are to answer one of the following questions.
1. Levit asks the question "Why do drug dealers live with their moms?" (online reserves) in his book Freakonomics, and I want to know the answer. What message is there in that story for you as you begin to think about entering the labor market? Please answer these questions and relate it to some of the concepts we look at in the input unit.
2. What can we learn about the functioning of markets and discrimination from baseball? To get an idea of how you might, you should read an article about Billy Beane by Hakes & Sauer, "An economic evaluation of the moneyball hypothesis." (online reserves) What was the secret behind Monyball and how did it relate to "probems" with the market for baseball players? Please answer these questions and relate it to some of the concepts we look at in the input unit.