Season 5 Episode 9: Prince Doran Martell decides to ‘break bread’ with the Lannisters instead of waging war over past grievances. Ellaria Sand questions his decision, but Doran explains the cost of war. This is similar to the broken window fallacy. The broken window fallacy argues that spending money on infrastructure and goods that have …
Season 5 Episode 9: In this clip, Tyrion explains to Hizdahr zo Loraq why he doesn’t approve of the fighting pit. Hizdahr retorts: “What great thing has ever been accomplished without killing or cruelty?” Tyrion then informs Hizdahr of the error in reasoning he made. Tyrion is making a normative claim about the fighting pits. …
Season 5, Episode 4: Bronn describes his ideal death, where his kids grovel over his fortune. This highlights the importance of good estate planning.
Season 5, Episode 3: House Ramsey is threatened and has to determine the balance between conflicts and violence to achieve their means and entering into coalitions.
Season 5, Episode 2: A vote between three people to be commander of the Night’s Watch is occurring. When there are three or more choices, Kenneth Arrow showed in his impossibility theorem that all three of these cannot occur: * If every voter prefers alternative X over alternative Y, then the group prefers X over …
Season 5, Episode 1: Jon Snow is talking with Stannis Baratheon. Stannis wants Jon to convince Mance – the King Beyond the Wall – to join him and bring his Wildling Army. This is risky, as the Wildling Army could be powerful and pose a threat, but Stannis clearly thinks this is worthwhile. To teach …
Objectives: Understand the concept of the production possibilities frontier and how it illustrates the trade-offs between producing different goods and services. Understand the role of investments in increasing capital and expanding production possibilities. Analyze the clip from Game of Thrones where Arya talks about reinvesting her profits and relate it to the concepts of capital …
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Objectives: Define loans and interest, and explain the basic concepts behind borrowing and lending money Explain how loans are repaid with interest, and calculate the total amount of repayment for a given loan amount and interest rate Analyze the risks and benefits of taking out loans, and identify different types of loans and their purposes …
Objectives: Understand the basic concepts of supply and demand. Analyze how changes in supply and demand affect market outcomes. Apply the concepts of supply and demand to real-world situations. Materials: Whiteboard and markers Handout on supply and demand basics Worksheet with practice problems Game of Thrones clip (Season 1, Episode 4). Link here. Procedures: Introduction …
Objectives: Understand the concept of sanctions and their purpose in international relations Evaluate the effectiveness of sanctions in achieving political or economic objectives Analyze the benefits and drawbacks of imposing sanctions Apply the knowledge gained to real-life examples of sanctions, including the case of King’s Landing in Game of Thrones Materials: Handout on sanctions and …