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From ABBA to Led Zeppelin: using music to teach economics
From ABBA to Led Zeppelin: using music to teach economics

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This weblog offers a variety of song lyrics that instructors of economics may find useful in teaching economics. Each post includes a selection from the song's lyrics and a brief assignment for students. This site has been accepted for publication in the Journal of Economic Education.

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Girl Your Marginal Benefits... - Mike Toomey

JEL: d       

Now girl being with you has always been so tough
With each passing minute your marginal cost goes up
But my love is inelastic and it all belongs to you
I'm the only love producer and my good is for you to consume

Cause girl your marginal benefits far outweigh your marginal costs
Without our equilibrium baby well you know I'd be lost
Trapped inside this market I need you to buy my love
Girl without your complementing goods well I'm just not enough

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Assignment:

Put yourself in the shoes of the "girl". Should she be pleased at the line "with each passing minute your marginal cost goes up?" Why or why not?

By: Joshua Hall
03. 5.09 · Permalink
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