Undergraduate students in Dr. Basu Roy’s ECO 165 (Principles of Microeconomics) class were given an optional bonus assignment to write an econ-themed poem. Although the assignment was not compulsory, several interesting entries were received. Students took it up as a novel opportunity to blend their creativity with the key concepts learned in class. Here are few of the top entries:
The Opportunity Cost of College
I love going to school at Missouri State,
But for some reason, it has such a high rate.
Going to college has an opportunity cost,
And sometimes, it makes me feel lost.
Instead of going to college, I could have gotten a career,
Which might bring me a cheer……
But with no post-secondary education, I will have less money
Meaning I cannot spend as much as I want on my honey.
But since I am going to school,
I will have higher income, which is pretty cool.
In that case, I will demand more normal goods,
And I will have a prosperous livelihood.
Attending college may require a trade-off or two,
But it won’t leave me feeling blue.
After college, I will have proficiency,
And in turn, I can work at maximum efficiency.
College is not only good for me,
It is also good for the economy.
The Econ Poem
The fate of Supply and Demand
Is determined at the Sellers and Buyers hand
The outcome of a decision, when something is lost
Is actually known as the opportunity cost
When a limit is set on certain items like Soda,
Economists would refer to it as setting a Quota.
Macroeconomics is Big like a house,
Micro, on the other hand, is Small like a mouse.
Output and input, supply and demand,
Just to name a few, are the matters at hand.
If these interest you, there are many things you can do,
From being a professor, economist, researcher
Even a financial analyst too.
Demand and Supply
Although economics may seem too much and bland
Sit down and let Dr. Roy give you a hand.
We study many factors such as demand and supply
And how they correlate when consumers choose to buy.
You may be tempted to buy a complement good
Which could include a hammer and a plank of wood.
Don’t let a seller make your choice
Because everyone in the market has their voice.
Bound together like supply and demand,
Our love together is what I wish to command.
Meeting at a point of you and I,
The love we share is more than the sky.
If equilibrium were a place,
We’d be there together tied like a lace.
If I didn’t have you I’d be dead weight loss,
Completely inefficient, like teeth without floss.
Now that You know how I feel about You,
Give me a chance and we can become two.