These Economics W.I.R.E.D. activities recommend web links that relate to key concepts of each chapter of the textbook. For each link, there are instructions to guide you to specific information, followed by several discussion questions or exercises.
Key Concepts: Case
Study: Your Own Firm, The Firm's Profits, Profit Maximization and the Individual
Firm's Supply Curve, Producer Surplus
Fortune 500—Fastest Growing Companies (Profits)
Select "Top Performing Companies" and review the company ranking information
under "Most Profitable Companies—Profits".
Identify the current top three
most profitable Fortune 500 companies.
Which companies have a relatively
low "500 Revenues" ranking, yet managed to rank high on the "Most Profitable"
list? How does this (profit) relate to "producer surplus"?
Review today's list of "Earnings
Announcements" at Yahoo! Finance.
Why are financial investors interested in the earning report (e.g. EPS—Earnings per Share)?