Wind of change in supply

This post is a continuation of a previous post aiming to provide a basic understanding of supply and the relationship between price and quantity supplied. First some repetition: supply is a term for how sellers in a market act given a set price of a particular good and […]

Signed, supplied, delivered

This post aims to provide a basic understanding of supply and the relationship between price and quantity supplied. If you’re unfamiliar with economics I recommend that you go back and read a few of my previous posts on the subject of economics in board games. In particular, I […]

Shifting demand

This post is a continuation of a previous post aiming to provide a basic understanding of demand and the relationship between price and quantity demanded. First some repetition: demand is the decisions and behavior of buyers in a market. The law of demand states that when the price […]

I demand an explanation

This post aims to provide a basic understanding of demand and the relationship between price and quantity demanded. If you’re unfamiliar with economics I recommend that you go back and read a few of my previous posts on the subject of economics in board games. Demand is the […]

Bringing it to market

This post is part of a series on economics in board games, you can find the whole series here. If you would like to learn more about economics and better follow along with thoughts in this post then I recommend that you go back and read the previous […]

What about the economy?! Intro part 7

This post is the seventh part in a series called “introduction to economics”. I recommend that you go back and read the previous posts in the series if you’re unfamiliar with economics as a subject.  As of my last post we’re finally done with going through a basic […]

What’s yours is mine: distribution and inequality. Intro part 6

This post aims to provide a basic understanding of distribution. As a first step in the vast landscape that is economics, I go through the details for a common definition for economics as a subject. The most established definition of economics is some variant of “the study of […]

Why buy stuff? Consumption and rationality. Intro part 5

This post aims to provide a basic understanding of consumption. As a first step in the vast landscape that is economics, I go through the details for a common definition for economics as a subject. The most established definition of economics is some variant of “the study of […]

Das kapital: economic games and capital. Intro part 4.

This post aims to provide a basic understanding capital as a factor of production. In my two most recent posts I covered the classical definition for the factors of production and then went into a bit more detail on both land and labor. If you are unfamiliar with […]

Hard at work or hardly worker placement. Intro part 3

This post aims to provide a basic understanding of labor as a factor of production. In my last post I covered the basics of production and talked briefly about land as a factor of production. If you are unfamiliar with the definition for the factors of production then […]