• Trade Deficit Narrows in March, but Exports Fall - New York Times

  Weak dollar, rising unemployment and falling incomes in the states lead to weak demand for imports from abroad, shifting the US balance of trade away from deficit towards surplus. Here’s the Balance of Payment in action!

  tags: Balance of payments, trade deficit, economics

• Teachers feeling ‘frustrated’ over low pay, layoffs - May. 9, 2008

  Thousands of teacher could be laid off as state budgets are cut back… at the same time, there is a nationwide shortage of qualified teachers entering the profession. What’s missing here? Interesting article about the Catch 22 in the American education system today. It’s all about incentives… or the lack thereof in the teaching profession!

  tags: labor market, education, economics

About the author: Jason Welker is a teacher at Zurich International School in Switzerland, where he teaches Advanced Placement and International Baccalaureate Economics. Jason was an international school student in Malaysia before studying economics at Seattle University then earning his Masters in Education. He calls Seattle and Northern Idaho home. In addition to maintaining an economics wiki and this blog for economics student and educators, Jason also gives presentations on using Web 2.0 tools in education at workshops and conferences around the world. His economics wiki won the 2007 "Best Educational Wiki" award from the "EduBlog Awards".

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