Intro to Economics: Case Studies

The Case Studies section explores diverse real-world economic issues, connecting theory to market applications. Designed as a quick-reference tool, it reinforces understanding with in-depth analyses, key insights, and global examples. Whether you're studying for exams or exploring trends, this resource offers a broad perspective on economic challenges.

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Icon of a closed book with a bookmark on the top right corner, on a light purple background.
A simple black line follows the shape of a person hanging from a swing, with a hat and shoes visible, against a white background.
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Unit 1: Introduction to Economics

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Close-up of a computer circuit board with a focus on a white and gold connector. The text discusses the 2023 global chip shortage, supply constraints, industry impacts, and concepts like scarcity and opportunity cost, with an easy difficulty level indicated.

Three people wearing black face masks, standing in a line outdoors. The image is part of an educational slide discussing the impact of the pandemic on face mask supply, highlighting concepts of scarcity and trade-offs, rated as easy in difficulty.
Close-up of a person wearing goggles drinking from a nebulizer with blue and transparent parts. The top of the image features text about the scarcity of medical oxygen in India in 2020, discussing healthcare shortages and government responses. The bottom section lists concepts discussed, such as scarcity and government response, with an easy difficulty rating.
Nighttime photo of the Reichstag building in Berlin, Germany, illuminated with warm lights.
Close-up of blue mineral samples on sand with small white rocks, illustrating cobalt scarcity in the U.S.
Close-up of Tesla emblem on a black vehicle with a blurred background.
A digital educational slide discussing McDonald's approach to key economic decisions, showing the exterior of a McDonald's restaurant with people walking and sitting outside, and the slide text explaining how McDonald's responds to economic questions related to production, pricing, and target markets.

Aerial view of houses and water in Cape Town to illustrate recent clean water scarcity, highlighting resource shortages impacting daily life, driven by severe droughts and government initiatives like desalination and water-saving measures.
Skyline of Hong Kong with illuminated skyscrapers at dusk, showing a colorful cityscape with Victoria Harbour in the foreground.
Photo of a densely packed hillside city in Yemen with numerous beige and brown buildings, under a clear blue sky.
A page discussing Kenya's flower industry, featuring a photo of a red hibiscus flower among green leaves and branches, with text about factors affecting flower production in Kenya.
An urban scene with tall modern buildings viewed from below, framed by palm trees at the top and bottom.
Three rolls of toilet paper with a taped note saying "STOP PANIC" attached. The top of the image has a title indicating it discusses the demand surge for toilet paper during the 2020 pandemic.
An infographic titled 'Apple's Tradeoff Between iPhones & MacBooks' showing a MacBook, iPad, and iPhone on a marble surface. The text discusses how Apple's decision to prioritize one product line over another is influenced by supply chain constraints, chip shortages, and shifting consumer demand, with concepts of trade-offs, production limits, and company-specific factors. The infographic indicates a medium difficulty level with three out of five stars.
A close-up of an espresso machine pouring coffee into a white cup, with another cup in the background.

Desert landscape showing brown shrubs with distant mountains, under a clear blue sky.
A city park in South Africa with a statue of a man with open arms overlooking purple flowering trees and numerous apartment buildings in the background.
Photograph of a city waterfront with colorful historic buildings, boats on the water, and a partly cloudy sky, illustrating urban infrastructure.
A worker wearing a white safety helmet and yellow safety vest speaking on a mobile phone in an industrial wind farm with multiple wind turbines in the background, suggesting a focus on energy infrastructure.