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Making Sen$e with Paul Solman: Web Extra: 'Share' Economy at Beth Israel Hospital
Source: Council for Economic Education (EconEdLink) | Type: Interactive Tool - Making Sen$e with Solman
At Boston's Beth Israel Deaconess Medical Center, more than 400 positions have been saved thanks to executives taking lower salaries and other measures.
Grades:
Concepts:
- Cost/Benefit Analysis
- Costs of Production
- Decision Making
- Incentive
- Recession
- Unemployment
Standards:
- Economics 2: Marginal Cost/Benefit
- Economics 4: Role of Incentives
- Economics 9: Role of Competition
- Economics 19: Unemployment and Inflation
Related Resources:
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