Blog Post #1

Athletic Trainer at a Sports Event

• The economic principle I will explore is: Because of scarcity, people choose. All choices have an opportunity cost.
• The overall question I will research to help explore the economic principle is (the question should contain 1-2 keywords from the economic principle):
• Due to a scarcity of athletic trainers in major league sports, what is the opportunity cost of the athletes that need assistance with training and injuries?
• Subquestions that will help me answer my overall research question are: 
• What are alternate options for sports players who are injured/need training?
•  How do athletic trainers differ from physical therapists and what do they do differently? 
• Who are the people that need athletic trainers the most? What do they NEED from the trainers?
• What are the working conditions and why do people NOT want to be athletic trainers?

• RESOURCES FOR RESEARCH:
• NCBI  
• PT vs. AT
• NATA
• BLS
• Occupation Details

• • The Economic Principal I will explore is people generally respond to incentives in predictable ways.
  • The overall question I will research to help explore the economic principle is (the question should contain 1-2 keywords from the economic principle):  How has technology changed the music industry over the past 50 years?
  • 3-4 subquestions that will help me answer my overall research question are: 
    •  How has the role of a producer changed?
    •  How has the style of music changed?
    •  How have methods of listening to music changed?

• Links to 3-4 reliable resources that can help answer the research question:
  • Tech.Co
  • LA Times
  • Business Insider

Picture from Music Tech Musician

Graphic organizer for what price shoes are sold at

Picture from CBSSports

• The economic principle: Links to an external site.Peoplegain when they trade voluntarily.
• The overall question I will research to help explore the economic principle is (the question should contain 1-2 keywords from the economic principle): How do companies decide what price to sell their shoes at & why do consumers buy such expensive shoes?
• 3-4 subquestions that will help me answer my overall research question are: 
  •  Do most people buy the cheaper shoes or spend a few extra bucks to get the best shoes?
  •  Would most people rather have a few good pairs of shoes or one great pair?
  •  Do companies that have a higher supply but lower price make more profit or companies that have fewer supply and have a higher price?
  • How much profit are companies making and how much exactly do they spend to make the shoes?
• Links to 3-4 reliable resources that can help answer the research question:
  • (Investopedia)
  • (PsychologyToday)
  • (Forbes)
  • (Citizen-Times)
  • (Solereview) 

Effects of Super teams on NBA

• I will explore : Because of scarcity, people choose. All choices have an opportunity cost.
• The overall question I will research to help explore the economic principle is:  How can teams use their limited budgets, draft picks, and roster spots to build the best team possible to win a championship? 
• 3-4 subquestions that will help me answer my overall research question are: 
  •  how are NBA teams able to build dynasty's with such limited contract space
  •   what influence have these super teams  had on the league as a whole
  •   what do these super teams give up in order to maintain such stacked rosters 
  • will super teams continue to dominate the league as a whole
• Links to 3-4 reliable resources that can help answer the research question:
  • Univ Oregon 
  • sports skeeda
  • the state times

How will Netflix Fare in the Coming Year?

Source: polygon.com

• KEY ECONOMIC PRINCIPLE(S) I’M ADDRESSING: People generally respond to incentives in predictable ways.
• OVERALL RESEARCH QUESTION: Can Netflix predict its customers' loyalty with its selection and price changes along with its competitors on the rise?
• SUB QUESTIONS TO HELP ANSWER OVERALL RESEARCH QUESTION
• How has the price changed for Netflix over the years
• How has the library expanded over the years
• How has subscription rates changed
• Has competition (Amazon, Hulu, Disney) hurt Netflix or does it still hold its own.
• RESOURCES FOR RESEARCH:
• fortune
• digitaltrends
• bgr

What ways do soccer trades happen that being loans, selling players, or player swaps?

                                     Source: I screenshotted it from Independent

1. People gain when they trade voluntarily.

People do not produce all the goods and services they consume. Instead, they produce a narrower range of goods and services and then trade (exchange) with others to help satisfy their economic wants. Both parties expect to benefit from a voluntary trade; there are no “winners” and “losers.” This is why both buyers and sellers often say “Thank you!” after a purchase.

What ways do Soccer Trades happen that being loans, selling players, or player swaps?

Subquestions

1: How do they work

2: What happens if something happens to the player in question

3: Is it all money or how do player swaps work

Reliable source 

Sky Sports (Links to an external site.)Links to an external site.

Independent (Links to an external site.)Links to an external site.

BBC Sports (Links to an external site.)Links to an external site.

Demand for "The Boss"

Bruce Springsteen in concert from"Vulture"

The Topic I am researching is demand, and how consumers learn and become interested in products.

How did Bruce Springsteen utilize demand to help him succeed as an artist?

3-4 subquestions that will help me answer my overall research question are: 

•  how did Bruce Springsteen start out
• How did his producers market him
•  why did Bruce Springsteen "make it" while others did not 

Links to 3-4 reliable resources that can help answer the research question:

• EconLife.com 
• "Springsteen on Broadway" 
• History News Network 

How will professional sports should regulate excessive PED abuse? And how will it influence the athletes?

Lance Armstrong (photo taken by New York Times)

-The economic principle I will explore is Institutions, “rules of the game” that influence choices.

-The overall question I will research to help explore the economic principle is how will professional sports regulate performing enhancing drugs and how will it influence its players/athletes?

3-4 subquestions that will help me answer my overall research question are:
-How will the NFL regulate its players using PED's? ESPN
-How will the MLB regulate its players using PED's? Seton Hall Law
-How will the Tour De France regulate its players using PED's? Taylor & Francis
-How will regulating PED's affect the athletes? U of I News Bureau

Graphic Design and the Psychology Behind It

Image taken from Designrfix

Economic Principle: People generally respond to incentives in predicable ways.

Research Question: How do graphic designers use psychology to incentivize consumers to buy a good or service?

Sub Questions:

1. How do graphic designers use different fonts to change the way consumers view a brand or product?
2. How do graphic designers use colors to invoke feelings towards a brand or product?
3. How do graphic designers use shapes to change the way consumers view a brand or product?
4. How do graphic designers use different forms of composition to change the way consumers view a brand or product?

Resources:

1. Nickkolenda
2. CreativeBloq
3. Study
4. CompanyFolders

Changing Through Time

https://www.slideshare.net/jessicalydiaf/the-evolution-of-western-fashion

Institutions are the “rules of the game” that influence choices.

How has fashion changed from the 1920's to now?

Sub questions:
What trends have changed fashion?
Who sets the trends?
How has social media affect what's in and what's out?
When did somethings become socially acceptable to wear?

Sources:

Fashion Blog

Fashion Time line Blog

You Tube Channel

Man vs Machine

Hunter Belvis


Because of scarcity, people choose. All choices have an opportunity cost.

How do companies choose between hiring human labor or installing robotic labor?

-What are the prices of robotic labor?

-Is robotic labor more efficient than human labor?

-Could installing robotic labor potentially harm human employment in the long run?

http://sks.sirs.com/webapp/article?artno=0000399825&type=ART (Enlaces a un sitio externo.)Enlaces a un sitio externo.

http://sks.sirs.com/webapp/article?artno=400149&type=ART (Enlaces a un sitio externo.)Enlaces a un sitio externo.

http://sks.sirs.com/webapp/article?artno=394026&type=ART (Enlaces a un sitio externo.)Enlaces a un sitio externo.

How does climate change effect ski resorts and why is skiing so expensive?

SOURCE: SnowBrains

The economic principle I will explore is:
What are the opportunity costs of lift ticket prices being so high?

The overall question I will research is How does climate change effect ski resorts and why is skiing so expensive?

3-4 sub questions that will help me answer my overall research question are:

Why are Ticket prices so high?

How does climate change effect total profit?

What is the operation cost of electricity on the mountain?

 Links to 3-4 reliable resources that can help answer the research question:

• NBC News
• DW 
• NSAA

The Exotic Pet Trade

SOURCE: pictures-of-cats.org

The economic principle (Links to an external site.)Links to an external site. I will explore is “Institutions are the ‘rules of the game’ that influence choices.”

Overall Research Question: How does the varying legality of exotic pet ownership around the world influence the exotic pet trade?

3-4 subquestions that will help me answer my overall research question are:

• Has making the exotic pet trade entirely illegal (in the US) actually damaged the market? Or has it only strengthened its appeal to buyers?
• What sort of countries/cultures are more likely to be interested in the exotic pet trade? Which ones are more averse to the idea?
•  How has the increasing awareness of environmental issues affected the trade over the years? Has the environmental movement shrank it?

Links to 3-4 reliable resources that can help answer the research question:

• NHES Links to an external site.
• Animal Planet Links to an external site.
• NY Daily News
• National Geographic News

What are the opportunity costs of building a wall on the southern border of the United States?

SOURCE: Fox News

The economic principle I will explore is : Because of scarcity, people choose. All choices have an opportunity cost. Economists emphasize that we live in a world of scarcity. By this, they mean that there are never enough resources to provide all the goods and services that people want. The result is that people must constantly choose among competing alternatives. 

The overall question I will research to help explore the economic principle is: What are the opportunity costs of building a wall on the southern border of the United States?

 3-4 sub-questions that will help me answer my overall research question are:
1. Would it help or harm employment? How much would it cost to build? 
2. Would it affect the rate of illegal immigration? 
3. Would the state of the economy improve? 

Links to 3-4 reliable resources that can help answer the research question:
1. Am Greatness 
 2. Market Place
3. Heritage
4. Market watch

How Socially Mobile is the Lower Income Class in America?

The Hechinger Report

• The economic principle Links to an external site.I will explore is  Institutions are the “rules of the game” that influence choices.
• The overall question I will research to help explore the economic principle is (the question should contain 1-2 keywords from the economic principle): How socially mobile is the lower income class of America? 
• 3-4 subquestions that will help me answer my overall research question are: 
  •  How many people born in poverty stay there there whole life?
  •   Are those born into higher income families more able to stay in that position?
  •   How much does public school funding affect the success of children?
  • Is the system "rigged: against the poor?
• Links to 3-4 reliable resources that can help answer the research question:
  • Business Insider 
  • The Economist
  • The Atlantic
  •  

Self Esteem

Source: louisehay.com

Institutions are the “rules of the game” that influence choices.

How do beauty product companies & social media affect self-esteem?

Subquestions: 

-Do people generally feel more confident when wearing makeup?

-How has technology played a role in changing the way people think about themselves? 

-How do people's comments (in-person & on social media) have an affect on people's behavior?

-How have trends changed people?

Makeup role

NY times

Quora 
 (Links to an external site.)Links to an external site. 

Social media role 

huffington post  

NewYork behavior health 

bustle 

medium 

In the future, I want to research how fashion and design trends have changed over time. 

Links to an external site. m

Institutions are the “rules of the game” that influence choices.

Overall Question:  What role should institutions like Congress, EPA, etc play in promoting the use of renewable energy?

Sub Questions: 

There is not a scarcity of wind, light, or flowing water so why not use it more often?

Which country relies the most on renewable energy sources?

How much more expensive are renewable sources than nonrenewable sources?

Resources: 

• EIA
• Climate Council 
• Renewable

Architecture and Economics

Architecture and Economics

Source: Wellesley College

The Economic Principle for this Topic: Institutions are the “rules of the game” that influence choices.

The Overall Research Question: What cultural, economic, and environmental factors do architects need to consider when designing buildings?

3-4 Sub-questions:

• How do architects  have to change the way they design buildings in order to impact the environment less?
• What are the economic impacts of designing environmentally friendly buildings and houses?
• How do architects take into consideration societal/cultural trends while designing buildings? 

3-4 Reliable Sources:

• Architectural Digest

 (Links to an external site.)Links to an external site.

• Architecture Wiki

 (Links to an external site.)Links to an external site.

• Careers in Architecture 

 (Links to an external site.)Links to an external site.

do certain institutions of the food industry influence consumers to avoid other food industries

Source: Angel Broking

The economic principle I'm exploring is Institutions are the “rules of the game” that influence choices.

The overall question I will research to hep explore the economic principle is "do certain institutions of the food industry influence consumers to avoid other food industries?"

3-4 sub questions that will help me answer my overall research question are: 

-is this actually an effective way of influencing consumers?

-How do they convince consumers

-What does fat free and sugar free really mean

Links to 3-4 reliable resources that can help answer the research question:

Tufts Links to an external site. 

NCBI

The GuardianLinks to an external site. 

Nutrition Research

For my next blog I will be going into depth how effective it actually is for industries to influence consumers  

Free Trade

                                                                         

• 
  
• 
  
• The economic principle (Links to an external site.)Links to an external site. I will explore is (copy/paste bolded from the link):  People gain when they trade voluntarily.
• The overall question I will research to help explore the economic principle is (the question should contain 1-2 keywords from the economic principle): How does free trade help Americans. 
• 3-4 subquestions that will help me answer my overall research question are: 
  •  How does free trade affect the price of goods and consumer spending?
  •   What countries will benefit from free trade?
  • How does free trade have an affect on jobs?
  • How will free trade have an affect on the overall economy?
• Links to 3-4 reliable resources that can help answer the research question:
  • Investopedia  
  • SmallbusinessLinks to an external site.
  • The Balance