The Economics of The Office
Learning economics from the world's best boss
Schrute Bucks
In this clip Dwight attempts to use the motivational tool of Schrute Bucks to keep his employees motivated. The problem is even though his “money” is somewhat similar to a dollar in that it has no intrinsic value it also does not have any real buying power. It is not accepted as a good unit of account or a good store of value. This is a good opportunity to talk about the functions of money with a class.
Season 3 Episode 24 "The Job" Caution!
Schrute Bucks Counterfeits
In this scene Creed threatens to devalue Dwight’s currency. This has occurred in Zimbabwe recently and in Germany after World War I just to cite a couple of famous examples.
Monetary Systems (E42) Money Supply (E51)
