Mnemonic devices for Economics

Mnemonics for gains, markets and marketing

Tell your boss to fly a kite, when the labor market is tight

  Mnemonic Device: Tell your boss to fly a kite, when the labor market is tight. Explanation: A “tight labor market” means there are many jobs available.

NO GAINS ON SACRIFICE

  Mnemonic Device: NO GAINS ON SACRIFICE Explanation:┬áto remember a Formula for Gain Ratio and Sacrifice Ratio. Gain Ratio = New Ratio – Old Ratio Sacrifice Ratio = Old Ratio
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Did Fred Make Purple Pecan Pie Saturday?

  Mnemonic Device: Did Fred Make Purple Pecan Pie Saturday? Explanation: This represents the 7 functions of marketing (a student came up with this, my first year of teaching, and
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