Alternatives and Supplements: Fun on the Internet

The Multiplier Model

The Simple Multiplier Model

Amosweb explains the simple Keynesian multiplier model:
www.amosweb.com/cgi-bin/awb_nav.pl?s=wpd&c=dsp&k=multiplier

Investment and Government

This site has little if any educational value, but it is extremely funny. Or at least I thought so:
www.columbia.edu/~xs23/keynes/keynes1.htm

Introducing Taxes

Sparknotes.com is a favorite site for many of my students when they need to read Hamlet or the Odyssey. It also has a limited offering of economics:
www.sparknotes.com/economics/macro/taxandfiscalpolicy/section1.html

Some Different Views

The "Ask Dr. Econ" column at the Federal Reserve Bank of San Francisco explains the difference between fiscal and monetary policy:
www.frbsf.org/education/activities/drecon/answerxml.cfm?selectedurl=/2002/0203.html

Paradox of Thrift

This article at amosweb.com explaining the paradox of thrift has some interactive graphs that should make everything perfectly clear:
www.amosweb.com/cgi-bin/awb_nav.pl?s=wpd&c=dsp&k=paradox+of+thrift

Activism

Alan Blinder, who has served both as a governor of the Federal Reserve System and on the Council of Economic Advisors, explains the essentials of Keynesian Economics in The Concise Encyclopedia of Economics:
www.econlib.org/library/Enc/KeynesianEconomics.html


These links were checked on July 4, 2008


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