Wednesday, March 21, 2012

Lagu Ekonomi "Demand, Supply"


Lagu "Demand, Supply" membantu mahasiswa belajar tentang prinsip-prinsip ekonomi. Lagu ini mencakup pasar, keseimbangan, monopoli, insentif, dan banyak lagi. Lagu ini saya adaptasi dari blog ekonomi Profesor N. Gregory Mankiw. "10 Prinsip Ekonomi" oleh Prof Greg Mankiw dijadikan panduan pengembangan lagu ini.

Lagu ekonomi ini sangat cocok untuk sekolah menengah atas, perguruan tinggi (mahasiswa ekonomi sarjana, dan pascasarjana).

  download mp3 (link)

Lyrics
Verse I
Tradin’ this for that, call it tit for tat
We all face tradeoffs and that’s a fact because
Everything is in finite supply
That’s the reason why we all sell and buy

Next up is rule deuce, the next best use

Of money or time defines its true value
It’s more convoluted than just the simple cost
What else could you do? What opportunities are lost?

Decisions at the margin, yeah that’s the key

To understanding principle #3
Take your present situation and assume that it’s the best
If a change is worth more than it costs, then that’s your test

Lesson #4: it’s like the carrot and the stick

We break it down so you can see what makes the world tick
So why do we do the things that we do?
It’s a system of incentives that we all respond to

Chorus

Demand, supply
Listen up, learn this, and you’ll know why
We work, we buy
The price is right when the competition’s alive
(x2)

Verse II

Everyone in society can benefit from trade
#5 is a reminder that we shouldn’t let hope fade
Just use what you’ve got to produce your best
The money that you make will buy the rest

Lesson 6 is a trick, the invisible hand

Buyers and sellers clear markets without the man
The market system almost always prevails
But recognize, too, that markets can fail

Because of monopolies and the troubles they create

Uncle Sam comes along and he’s gotta regulate
That’s lesson #7: when government’s there
They oversee to guarantee that competition is fair

#8 says the future of a national State

Relies on services and products people create
If we sell and excel and we keep doing well
Then the money keeps going ’round just like a carousel

Chorus


Verse III

#9: keep an eye on that money supply
Printing too much paper sends prices sky high
A dollar means nothing, it’s just a nice name
If what it represents doesn’t stay the same

Number 10: there’s a tradeoff in the short run

Between unemployment and inflation
I really can’t explain the whole situation
You want the full story? Step up your education!

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