Watch reruns… and learn! Three academics created a site that contains over 100 Seinfeld clips that illustrate principles of the dismal science. As they see it:
It is the simplicity of Seinfeld that makes it so appropriate for use in economics courses. Using these clips… makes economic concepts come alive, making them more real for students. Ultimately, students will start seeing economics everywhere – in other TV shows, in popular music, and most importantly, in their own lives.
The famous Soup Nazi episode, viewable below, illustrates barriers to entry and monopoly power:
