Photo Essay:
Thinking Like an
Economist
By:
Angeline “Angie” Jones
Dakota Blue
(A family restaurant)
 Goods and Services:
~ Burgers
~Hot dogs
~ Tacos
~ Soft Drinks
~Salads
 Factors of Pro...
Dakota Blue (cont.)
 Trade off:
~The manager may
miss his children's soft
ball games when
doing an extra shift in
the res...
Barnes and Noble
 Goods and Services ~
~ Books
~Magazines
~ DVDS
~CDS
~ Coffee
~Pastries
 Factor of Production:
~ Manage...
Barnes and Noble
 Opportunity Cost:
~ Not having a book
for an assigned class
in school.
 Trade Off:
~ One of the cashie...
Shell Gas Station
 Trade off:
~ Going to Harvard
School of business
Shell Gas Station
 Goods and Services:
~ gasoline
~ snacks
~ restroom
 Factors of Production :
~ Gas pumps
~ Corner Lot
...
Grant Central Pizza
 Goods and Services:
~ Pizza
~ Soups
~ Soft Drinks
~Salads
 Factors of Production:
~ Manager
~ Waite...
Grant Central Pizza
 Trade off:
~ One of the cashiers
might have to miss
her nephews
wedding for
overtime.
Ben and Jerry’s Ice Cream
Parlor
 Goods and Services:
~ Ice Cream
~ Shakes
~ Frozen Yogurt
~ Tubes of single Ice cream
~ ...
Ben and Jerry’s Ice Cream
Parlor
 Opportunity Cost:
~ Eating bland rice
cakes
 Trade off~
The cashier might
gain weight ...
Source Credits
 Ben and Jerry’s :
http://www.fotolibra.com/gallery/768589/georgia-atlanta-
airport-ben-and-jerrys/
 Gran...
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Photo essay

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Economics Photo Essay

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Photo essay

  1. 1. Photo Essay: Thinking Like an Economist By: Angeline “Angie” Jones
  2. 2. Dakota Blue (A family restaurant)  Goods and Services: ~ Burgers ~Hot dogs ~ Tacos ~ Soft Drinks ~Salads  Factors of Production: ~ Manager ~ Waiters/Waitresses ~ Custodial Staff ~ Tables and chairs `~ Kitchen ~ Food that Is produced  Opportunity Cost: Eating at home
  3. 3. Dakota Blue (cont.)  Trade off: ~The manager may miss his children's soft ball games when doing an extra shift in the restaurant.
  4. 4. Barnes and Noble  Goods and Services ~ ~ Books ~Magazines ~ DVDS ~CDS ~ Coffee ~Pastries  Factor of Production: ~ Manager ~Custodial Staff ~ Cashiers ~ Staff book stockers ~ Café cashiers/blenders ~ blenders ~ book shelves
  5. 5. Barnes and Noble  Opportunity Cost: ~ Not having a book for an assigned class in school.  Trade Off: ~ One of the cashiers might miss a semester of college .
  6. 6. Shell Gas Station  Trade off: ~ Going to Harvard School of business
  7. 7. Shell Gas Station  Goods and Services: ~ gasoline ~ snacks ~ restroom  Factors of Production : ~ Gas pumps ~ Corner Lot ~ Manager ~ATM ~ cashiers ~ Manager  Opportunity Cost: ~ Walking to your friends house
  8. 8. Grant Central Pizza  Goods and Services: ~ Pizza ~ Soups ~ Soft Drinks ~Salads  Factors of Production: ~ Manager ~ Waiters/Waitresses ~ Custodial Staff ~ Tables and chairs `~ Kitchen ~ Food that Is produced  Opportunity Cost: ~Eating at your moms house on a lonely Saturday night 
  9. 9. Grant Central Pizza  Trade off: ~ One of the cashiers might have to miss her nephews wedding for overtime.
  10. 10. Ben and Jerry’s Ice Cream Parlor  Goods and Services: ~ Ice Cream ~ Shakes ~ Frozen Yogurt ~ Tubes of single Ice cream ~ Soft drinks  Factors of production: ~ Ice cream maker ~ tubes ~ Refrigerator ~ Thermostat ~ Cashiers/ waiters ~ Manager
  11. 11. Ben and Jerry’s Ice Cream Parlor  Opportunity Cost: ~ Eating bland rice cakes  Trade off~ The cashier might gain weight from complementary ice cream during the job.
  12. 12. Source Credits  Ben and Jerry’s : http://www.fotolibra.com/gallery/768589/georgia-atlanta- airport-ben-and-jerrys/  Grant Central Pizza: http://www.imperfectparent.com/topics/2012/02/17/pizzeria- asks-parents-to-control-their-kids-amid-negative-yelp-reviews/  Shell gas station: http://www.dividendamerica.com/wp/182/gas-station- financing-loans-for-gas-stationconv  Barnes and Noble: http://store-locator.barnesandnoble.com/store/2204  Dakota Blue: http://eastatlanta.patch.com/groups/police-and- fire/p/vandals-hit-dakota-blue-restaurant

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