Ebay: Using Media to Teach Economics
and is replicated here as part of the SERC Pedagogic Service.
Ebay is a parody of I Want it That Way by the Backstreet Boys a #1 hit from 1999. This song contains animated lyrics and an economic explanation that are synchronized to the music. The song explores a wide range of economic issues including: markets, supply and demand, and gains from trade.
Context for Use
Description and Teaching Materials
The entire animation can be accessed at Music for Economics and played in class over the Internet. Ebay is just one of over 40 examples at Music for Economics that instructors can access for use in class.
Teaching Notes and Tips
This song should be used as a lead in to the portion of the course on markets. I do this by showing the animation before class begins to set the stage for the discussion that takes place that day and then I reference back to the music as the class unfolds. Other instructors may prefer to use the animation in class. The time required to show the animation is five minutes without discussion.