[Part I]
[Intro: Spencer Proctor]
Micro
Yeah
[Verse: Spencer Proctor]
Supply is high, price is low
Cross-price changin' every day, never stays
Demand is ever changin', yeah, it could be raised
That's just what we know, we all know nothin' stays
I tried to show 'em, yeah
I tried to show 'em
Yeah, yeah, yeah, yeah, yeah
Goin' on you with the circle flow
Farms and homes, they in econ mode
[Part II]
[Verse 1: Spencer Proctor]
ATC meets AVC as the Q moves
At the point outside, when it moves in, firms start to lose
Yeah, all of these brands, that's Nike boys, Adidas, too
Demand way too big, when it shifts right, give me the loot
(Gimme the loot!)
Was downward demand, yeah, that's the slope
Supply slopes upward, yeah, that's no joke
Two-four hour lockdown, we studied notes
Now it's 8 A.M., and I'm AP testin' with the crew
I just landed in Granger's testin' room, yeah, he's that dude
Different market types, think my graphs are really all confused
And they crossin', man, know the MC meets the MR too
[Refrain: Spencer Proctor]
I-I-I-, Ivy said
To win the AP, we all study for weeks
St-st-study for keeps, don't play us for weak (Ivy said)
To win the AP, we all study for weeks
St-st-study for keeps, don't play us for weak
[Verse 2: Jacob Rust]
Yeah, this test way too formal, y'all know I ain't sleep last night
Challengin' class, most of these kids can't get a five
Law of demand, I set these goods at a low price
Buyers takin' them all, I think my goods must be nice
Hit my profit, I need to move
'Bout to start a business out of school
Told him, "Hop in, you comin', too"
Equilibrium shows us where to find the P and Q
(Don't stop, write a label!)
Make the new price ceilin', it's like a roof
She said, "Where we goin'?" Ivy's room
She at her desk, teachin' unit two
I thought it was a market, I had no clue
Make up a question, it's not the move
Who put this class together? I can't move?
[Refrain: Spencer Proctor & Jacob Rust]
I-I-I-, Ivy said
Assignin' Edpuzzles out the blue
Ivy said
St-st-study for keeps
Ivy said, econ teacher Ivy said
Don't play us for weak
[Part III]
[Intro: Jacob Rust & Connor King]
Yeah
Micro, yeah
Yeah, yeah
(Jacob, tear this beat all up)
[Chorus: Connor King & Jacob Rust]
Can't draw curves like Ivy can
Still in high school, tryna be an econ man (Yeah)
Now I hit the price ceilin', it's bindin', I just can't
Showed off Mr. Dick, makin' cameos like Stan
Demand shifts to the right (Ayy, yeah)
To the right (Ayy, yeah)
[Verse 1: Connor King]
You can't deny, shift to the right
Draw a side-by-side
Monopolistic comp, man, this firm got lots of comp, man
I still got trades to stop, man
Opportunity cost (Yeah, the cost)
Need to find (Yeah, right)
Need to divide (Yeah, what?)
Agree on price (Yeah)
Firms try to concede (Nah, never)
Make it right (Yeah, what)
Econ's nice (Yeah)
Use it all your life (Oh my God)
Market types (Yeah)
All different kinds (Yeah)
Four different types (Yeah)
That's four different types (Yeah)
Monopoly, one company
Perfect competition, easy enter and to leave (Rich)
Oligopoly might have airlines and flights
Car companies (Ayy)
Chevy, Audi, Honda, Lamborghini, Mercedes (Yeah, what?)
Monopolistic competition, I'm learnin' these
[Chorus: Connor King & Jacob Rust]
Can't draw curves like Ivy can
Still in high school, tryna be an econ man
Now I hit the price ceilin', it's bindin', I just can't (Woo)
Showed off Mr. Dick, makin' cameos like Stan
Demand shifts to the right (To the right)
To the right (To the right)
To the right (To the right)
To the right (To the right)
To the right
[Verse 2: Jacob Rust]
Yeah, pass the test so easy, gettin' fives without a try
Yeah, she say, "Inelastic", I say, "You know that slope is high"
Yeah, it's absolute, but not value (It's lit)
Economics to Purdue U, yeah (Skrrt, skrrt)
We caught up on our work, we got some more, no time to lose
Yeah, sittin' in the back, you know we learnin' until June (Oh my God)
Diminishing, yeah, utility, yeah
Satisfy, yeah, it declines, yeah
Passin' all my classes, I'ma show 'em what it took
Yeah, Ms. Ivy cover Forbes, got these other teachers shook
