The Economics of The Office

Learning economics from the world's best boss

Dunder Mifflin Infinity

In this clip (from deleted scenes) we can demonstrate a good example of structural unemployment. Due to an advance in technology the skills of the Dunder Mifflin accountants will no longer be needed. Obviously from here students may want to discuss cyclical and frictional unemployment (which can be demonstrated when Michael foolishly quits his job with no real plan for his job search in season five).

Season 4 Episode 3 "Dunder Mifflin Infinity"

Technological Change (O30) Unemployment (J60)

Michael Pam Ryan Oscar Angela Kevin

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Write That Down

In this clip, Michael tries to explain the concept of profits and business decisions and the demand for paper. Clearly, Michael does not understand how technological changes have influenced demand for paper!

Season 3 Episode 16 "Business School" Caution!

Teaching of Economics (A20) Technological Change (O30)

Michael Ryan

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