The Economics of The Office
Learning economics from the world's best boss
Pyramid Scheme
Michael tries to convince the office to sell calling cards until he realizes it is a pyramid scheme. Occasionally, students will be offered "internships" that are thinly disguised ponzi schemes. This clip can be used as a lead in to talk about "mufti level marketing schemes" where the product being offered is not very valuable.
Season 2 Episode 19 "Michael's Birthday" Caution!
Consumer Protection (D18) Corporate Finance and Governance (G30)
Nepotism
Michael hires his nephew, Luke, to work at the office and is forced to defend his decision to the rest of the employees.
Season 2 Episode 19 "Nepotism" Caution!
Labor Demand (J23) Labor Discrimination (J71)
