Updated 27/01/2024
Hi Everyone,
Welcome to my third instalment of my collection of Hive works. I have previously authored two posts containing my work relating to economics. This third instalment focuses on contests. I have run several contests since being on Hive. I initially began with puzzle contests and then I moved onto memes and then contests more closely related to economics. When I create more contests, I will include the links in this post. My other ‘Collection of Works’ posts will also be updated frequently.
The updated Parts 1 and 2 of the collection of works can be accessed using the following links.
As with the previous collections of work, I have divided my subject matter into categories. The categories included in Part 3 are as follows:
- Spectrum Economics Six-Week Challenge
- Spectrum Economics Buying and Selling Game
- Economics Contest Series
- Puzzles
- Memes
Spectrum Economics Six Week and Seven Week Challenge Series
In April and May in 2018, I ran my ‘Spectrum Economics Six Week Challenge’. The series brought the economics and the contest aspects of my account together. The series was intended to help people think about economics and how it applies to and influences their lives. The challenges varied from analysis and problem solving to articulating and explaining how economics can be applied to everyday life.
In July and August of 2021, I brought back the challenge series. I extended it from 6 weeks to 7 weeks by including an additional challenge. This time round participants only needed to respond in the comments section. I intend to run this challenge every year. Below are the links to all the challenges and results posts for both challenge series.
Spectrum Economics Challenge 1 - 25 SBD to be given away
Spectrum Economics Challenge 1 – Vote for the Winner
Spectrum Economics Challenge 1 – Results
Spectrum Economics Challenge 2 – 25 SBD to be given away
Spectrum Economics Challenge 2 – Vote for the Winner
Spectrum Economics Challenge 2 – Results
Spectrum Economics Challenge 3 – 25 SBD to be given away
Spectrum Economics Six Week Challenge 3 - Price Calculation
Spectrum Economics Challenge 3 – Results
Spectrum Economics Challenge 4 – 20 SBD to be given away
Spectrum Economics Challenge 4 – Vote for the Winner
Spectrum Economics Challenge 4 – Results
Spectrum Economics Challenge 5 – 20 SBD to be given away
Spectrum Economics Challenge 5 – Vote for the Winner
Spectrum Economics Challenge 5 – Results
Spectrum Economics Challenge 6 – 25 SBD to be given away
Spectrum Economics Challenge 6 – Results
Spectrumecons Seven-Week Challenge (Coming Soon)
Spectrumecons 7 Week Challenge – Challenge 1: Buying and Selling Game
Spectrumecons 7 Week Challenge – Challenge 1: Buying and Selling Game Results
Spectrumecons 7 Week Challenge – Challenge 2: Game Theory (Most or Least)
Spectrumecons 7 Week Challenge – Challenge 2: Game Theory Results
Spectrumecons 7 Week Challenge – Challenge 3: Cost Benefit Analysis
Spectrumecons 7 Week Challenge – Challenge 3: Cost Benefit Analysis Results
Spectrumecons 7 Week Challenge – Challenge 4: Make Me Happy
Spectrumecons 7 Week Challenge – Challenge 4: Make Me Happy Results
Spectrumecons 7 Week Challenge – Challenge 5: Auction
Spectrumecons 7 Week Challenge – Challenge 5: Auction Results
Spectrumecons 7 Week Challenge – Challenge 6: Buying and Selling Game (Business Version)
Spectrumecons 7 Week Challenge – Challenge 6: Buying and Selling Game (Business Version) Results
Spectrumecons 7 Week Challenge – Challenge 7: Return on Investment (Buy your Coin)
Spectrumecons 7 Week Challenge – Challenge 7: Return on Investment (Buy your Coin) Results
Spectrumecons Seven-Week Challenge 2022 (Coming Soon)
Economics 7 Week Challenge 2022 – Challenge 1: Auction
Economics 7 Week Challenge Series – Challenge 1: Auction Results
Economics 7 Week Challenge Series 2022– Challenge 2: Buying and Selling Game (Business Version)
Economics 7 Week Challenge Series – Challenge 2: Buying and Selling Game Results
Economics 7 Week Challenge Series 2022 – Challenge 3: Tax Game
Economics 7 Week Challenge Series – Challenge 3: Tax Game Results
Economics 7 Week Challenge Series – Challenge 4: Game Theory (Most or Least)
Economics 7 Week Challenge Series – Challenge 4: Game Theory Results
Economics 7 Week Challenge Series – Challenge 5: Make Me Happy
Economics 7 Week Challenge Series – Challenge 5: Make Me Happy Results
Economics 7 Week Challenge Series – Challenge 6: Buying and Selling Game
Economics 7 Week Challenge Series – Challenge 6: Buying and Selling Game Results
Economics 7 Week Challenge Series 2022 – Challenge 7: Pick-a-Door
Economics 7 Week Challenge Series – Challenge 7: Pick-a-door and Challenge Series Results
Economics Challenge Series 2023 (Coming Soon)
Challenge 1: Buying and Selling Game
Challenge 3: Complements and Substitutes
Challenge 4: Buying and Selling Game (Business Version)
Economics Challenge Series – Challenge 1: Buying and Selling Game Results
Economics Challenge Series – Challenge 2: Pick-a-Door Results
Economics Challenge Series – Challenge 3: Complements and Substitutes Results
Economics Challenge Series – Challenge 4: Buying and Selling Game (Business Version) Results
Economics Challenge Series – Challenge 5: Ice Cream Game Challenge Results
Economics Challenge Series – Challenge 6: Game Theory Game Results
Economics Challenge Series – Challenge 7: Even to Win Results and Challenge Series Finale
Spectrum Economics Buying and Selling Game
I had created a number of different contests prior to the buying and selling game. These included puzzles, memes, and the six week economics challenge series. I wanted to run contests that could be more closely linked to economics. I managed to achieve that with the six week challenge series but I could not run such a series indefinitely. The third challenge in the series was a buying and selling challenge, which proved quite popular. This challenge could also be modified into a simpler contest.
I built an Excel-based model that would generate the prices of goods for the contest. The participants were required to buy goods at a given price at one of five locations. They were then required to sell these goods at another location but were not given the prices for these locations. Instead, they were given the mode, minimum, and maximum prices for a triangle distribution. The participant who made the highest profit would win. This game incorporated economics and a bit of luck. The results would always be unbiased as the Excel-based model generated the prices. This game became known as the Buying and Selling Game.
In 2021, the Buying and Selling Game was updated to include a business version. The business version required the participant to buy or produce up to three types of goods (e.g. three types of t-shirts). The participant could buy or produce as many of these goods possible within the given budget. The participant would then be required to set the selling price for these goods. The Excel-based model would determine the demand for each good as well as how many goods each participant could sell at the prices that were set. The participant with the highest profit would win.
The Buying and Selling Game is held monthly and alternates between the original version and the business version.
Buying and Selling Contest #1 – 5 SBD to be won
Buying and Selling Game Contest 1 - Results
Buying and Selling Contest #2 – 5 SBD to be won
Buying and Selling Game Contest 2 - Results
Buying and Selling Game Contest #3 – 5 SBD to be won
Buying and Selling Game Contest 3 Results
Buying and Selling Game Contest #4 – 15 SBD to be won (Amended from 5 SBD)
Buying and Selling Game Contest #4 - Results
Looking for sponsor for ‘Buying and Selling Game’ contest and YouTube versions of results
Buying and Selling Game Contest #5 -10 Hive to be won
Buying and Selling Game Contest 5 Results
Buying and Selling Game Contest #6 – 30 Hive to be won
Buying and Selling Game Contest 6 Results
Buying and Selling Game Contest #7 – 20 Hive to be won
Buying and Selling Game Contest 7 Results
Buying and Selling Game Contest #8 – 20 Hive to be won
Buying and Selling Game Contest 8 Results
Buying and Selling Game Contest #9 – 20 Hive to be won
Buying and Selling Game Contest 9 Results
Buying and Selling Game Contest #10 – 20 Hive to be won
Buying and Selling Game Contest 10 Results
Buying and Selling Game Contest #11 – 20 Hive to be won
Buying and Selling Game Contest 11 Results
Buying and Selling Game Contest #12 – 30 Hive to be won
Buying and Selling Game Contest 12 Results
Buying and Selling Game Contest #13 – 30 Hive to be won
Buying and Selling Game Contest 13 Results
Buying and Selling Game Contest #14 – Christmas Special
Buying and Selling Game Christmas Contest Results
Buying and Selling Game Contest #15 – 30 Hive to be won
Buying and Selling Game Contest 15 Results
Buying and Selling Game Contest #16 – 30 Hive to be won
Buying and Selling Game Contest 16 Results
Buying and Selling Game Contest #17 – 30 Hive to be won
Buying and Selling Game Contest 17 Results
Buying and Selling Game Contest #18 – 30 Hive to be won
Buying and Selling Game Contest 18 Results
Buying and Selling Game (Business Version) Explanation Video
Buying and Selling Game Contest #19 (New Business Version) – 30 Hive to be won
Buying and Selling Game Contest 19 Results (Business Version)
Buying and Selling Game Contest #20 – 30 Hive to be won
Buying and Selling Game Contest 20 Results
Buying and Selling Game Contest #21 (New Business Version) – 30 Hive to be won
Buying and Selling Game (Business Version) Contest 21 Results
Buying and Selling Game Contest #22 – 30 Hive to be won
Buying and Selling Game Contest 22 Results
Buying and Selling Game Contest #23 (Business Version) – 30 Hive to be won
Buying and Selling Game (Business Version) Contest 23 Results
Buying and Selling Game Contest Christmas 2021 Edition – 50 Hive to be won
Buying and Selling Game Christmas 2021 Edition Results
Buying and Selling Game Contest #25 – 30 Hive to be won
Buying and Selling Game Contest 25 Results
Buying and Selling Game Contest #26 (Business Version) – 30 Hive to be won
Buying and Selling Game Contest 26 Results
Buying and Selling Game Contest #27 – 30 Hive to be won
Buying and Selling Game Contest 27 Results
Buying and Selling Game Contest #28 – 30 Hive to be won
Buying and Selling Game Contest 28 Results
Buying and Selling Game Contest #29 – 30 Hive to be won
Buying and Selling Game Contest 29 Results
Buying and Selling Game Contest #30 (Business Version) – 30 Hive to be won
Buying and Selling Game Contest 30 Results
Buying and Selling Game Contest #31 – 30 Hive to be won
Buying and Selling Game Contest 31 Results
Buying and Selling Game Contest #32 (Business Version) – 30 Hive to be won
Buying and Selling Game (Business Version) Contest 32 Results
Buying and Selling Game Contest #33 (Final Contest) – 30 Hive to be won
Buying and Selling Game Contest 33 Results
Economics Contest Series
In 2023, I started a new economics series to replace the previous ‘Buying and Selling Game’ series. This series is held monthly. It is held in 10 of the 12 months. The remaining two months are reserved for the annual Economics Challenge Series. Each contest in the series will be unique. Some of the contests are from previous challenge series and others will be completely new. The first contest in the series was the 2022 Christmas contest.
New Economics Contest Series for 2023
Christmas Contest: One Before, One After, and One to Me (40 Hive Power to be Won)
Christmas Contest 2022 Results
Economics Contest 1: Even to Win Game – 30 Hive Power to be won
Economics Contest 2: Auction – 30 Hive Power to be won
Economics Contest 3: Cost Benefit Analysis – 30 Hive Power to be won
Cost Benefit Analysis Contest Results
Economics Contest 4: Make Me Happy – 30 Hive Power to be won
Economics Contest 5: Ice Cream Game – 30 Hive Power to be won
Ice Cream Game Contest Results
Economics Contest 6: Game Theory (Most or Least) – 30 Hive Power to be won
Economics Contest 7: Tax Game – 30 Hive Power to be won
Economics Contest 8: Pick-a-Door – 30 Hive Power to be won
Economics Contest 9: Economics Quiz – 30 Hive Power to be won
Economics Quiz Contest Results
Christmas Contest 2023: One Before, One After, and One to Me (40 Hive Power to be Won)
Christmas Contest 2023 Results
Economics Contest 1: Auction – 30 Hive Power to be won
Puzzles
I have always loved solving puzzles. I have now taken that to a new level by creating new puzzles and puzzle contests. I normally create 4 puzzles per a contest. The first person to solve all the puzzles wins. The puzzles are generally quite difficult with just a few people each week finding all the answers. Puzzles are not directly related to economics but puzzles require analytical ability, which is critical to economics. Think of solving puzzles as an indirect way of improving your prerequisite skills for economics.
Economic Analysis explained using Sports Puzzles
Economic Analysis explained using Sports Puzzles Volume 2
Economic Analysis explained using Sports Puzzles Volume 3
Economic Analysis explained using Sports Puzzles Volume 3 on Dtube
Economic Analysis explained using Sports Puzzles Volume 4
Puzzle Contest #1 - Winner Gets Half the Total Payout of this Post
Spectrum Economics Puzzle Contest #2 – Winner Gets Half the Total Payout of this Post
Puzzle Contest #3 - First to get all the answers wins 10 SBD, all attempts will receive 100% upvote
Answers to the FINAL Puzzle Contest
Memes
Memes and meme contests, well this series is really just for a bit of fun. I have many photographs from my adventures in life and some of them are quite humorous and can be used to create some really funny memes. I also have a thing for memes and how they can add value to an explanation. I often create memes for my economic posts to emphasize a particular point. In short, memes are great fun and can tell a story in an instant.
Spectrum Economics Meme Contest - Winner Gets Half the Total Payout of this Post plus $6.82
Spectrum Economics Meme Contest – Steemit World Please Pick our Winner
Match the video title to the screenshot contest - first to get all 10 matches correct wins 5 SBD
Match the Video Title to the Screenshot Contest Answers
Meme Contest #2 – Winning Meme receives 5 SBD, all attempts will receive an upvote
Meme Contest #2 – Vote for our winning meme
Meme Contest #3 – Winning Meme receives 5 SBD, all attempts will receive an upvote
Meme Contest #3 – Vote for our winning meme
Meme Contest #4 – Winning Meme receives 5 SBD, all attempts will receive an upvote
Spectrum Economics Contests (Memes and Puzzles)
Meme Contest #4 – Vote for our winning meme
Meme Contest #5 – Winning Meme receives 5 SBD, all attempts will receive an upvote
Meme Contest #5 – Vote for the winning meme
This brings me to the end of my third instalment of my collection of works. This post as well as the previous two instalments will be updated every couple of months. To be continued in Part 4.
More posts
If you want to read any of my other posts, you can click on the links below. These links will lead you to posts containing my collection of works. These posts will be updated frequently.
Economics Udemy Course
I have launched my first Udemy course ‘Economics is for Everyone’. The course focuses on how economics affects everyday people, the decisions they make and how they interact with the world around them. The course contains 24 video lectures (about 4 hours of viewing), 64 multiple-choice questions (3 at the end of most lectures), 32 downloadable resources (presentation slides, additional notes and links to relevant Hive posts), and 2 scenario questions. The course is currently free-of-charge. Click the link above to access the course.