Sunday, August 30, 2009

Economics of Biofuels

This past Thursday (8/27/2009), The Wall Street Journal contained an interesting story (currently subscriber content) on the current downturn in the biofuel market. It was quite good and if you poke around using your browser, you might find most of the text in one or more sites.

What I found interesting were the various economic concepts that were illustrated in the story. I played with it a bit and came up with a PowerPoint® presentation that uses various quotes from the story and relates each one to basic ideas in economics - some with simple graphs to demonstrate them.

I'm interested in finding out whether this type of presentation would be helpful to classroom teachers. As a result, I will send a copy of the presentation to the first 25 high school teachers who reply to this post and request a copy. However, I will request three things: your name, the school you teach at and its location, and your analysis of the presentation. Let me know if it would be useful for your class or not. If not, why not. I'd be most grateful.


Julie said...

Of course you would use one of the principles of economics to get our attention! THE FIRST 25 teachers!
(Incentives matter!)
I am interested in the powerpoint. I missed the article in the WSJ. It's always harder to keep up the reading once school starts. Good thing you are there for us! And, with a powerpoint too! How fortunate can an economics teacher be?

Charles said...

I am interested in the powerpoint.

Tim Schilling said...

If you're interested in a copy of the presentation, I need your name and school - you contact me by going to the 'My Profile' section on the left hand side, near the bottom. Then click on email.