Alternatives and Supplements: Fun on the Internet
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Transport Costs and Borders

Hotelling's Model

This site has a description of a classroom game that illustrates the logic of Hotelling's model:
www.marietta.edu/~delemeeg/expernom/Fall2002/eber.html

Monopolistic Competition

Roger McCain's Essential Principles of Economics: A Hypermedia Text has a thorough exposition of monopolistic competition. The link below is the first of several pages:
faculty.lebow.drexel.edu/McCainR//top/prin/txt/Imch/MC1.html

Free Trade

Alan Blinder explains the case for free trade in this essay in The Concise Encyclopedia of Economics:
www.econlib.org/library/Enc/FreeTrade.html
(Since he wrote this piece, he has had some second thoughts, worrying that the transition costs may sometimes be unacceptably large:
online.wsj.com/public/article/SB117500805386350446-cRRynUb3zQgR2Yxn8wFOt96EOlE_20070404.html?mod=blogs )

Comparative Advantage

Paul Krugman, who won a Nobel Prize in economics for his work on international trade theory, shows why he is one of the most effective polemicist among economists as he takes to task scholars who write about international trade without understanding the concept of comparative advantage:
www.slate.com/id/1916 and
web.mit.edu/krugman/www/ricardo.htm

Barriers to Trade

Jagdish Bhagwati expounds on protectionism and fair trade in this contribution in The Concise Encyclopedia of Economics:
www.econlib.org/library/Enc/Protectionism.html


These links were checked on July 5, 2008.


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