Hayward "Blah, Blah, Blah" Blog---Just a Retired Social Studies Teacher. That's all...

Economics, civics, constitutional law, Supreme Court cases, AP Economics teaching resources, and classroom lessons by a retired social studies teacher.

Showing posts with label Accounting costs. Show all posts

Showing posts with label Accounting costs. Show all posts

Thursday, August 21, 2014

Economic vs Accounting Profit: Corn or Soybean? That is the question--answered here.

Using data from the US Dept of Agriculture Economic Research Service (USDA-ERS) I made the following two charts (I am in the infant stages ...

Friday, May 30, 2014

I found a Microeconomics Unicorn! See the chart here.

A rare treat for an economics teacher. A chart that quantifies (not completely but enough) the difference between "Economic Costs...

Tuesday, May 27, 2014

Nice cost data for a broad array of agricultural commodities. For use in teaching Perfect Competition.

Given my limited editing skills in Excel, I condensed some cost data on various agricultural commodities. All costs are projected costs for ...

Friday, March 28, 2014

Explain-er with real life example: The difference between accounting costs and "economic" costs. This is why every one hates economists but love their accountant.

Here is a graph (HT: Big Picture Agriculture ) that shows the relationship over time (1972-2012) between the Average Total Cost ("ATC...

View web version

Pages

▼

Powered by Blogger.

blogger analytics