Alternative Organization
Consumer Choice
Roger McCain's online textbook has an excellent
discussion of the assumption of self-interest that is spread
over three short pages:
http://william-king.www.drexel.edu/top/prin/txt/Neoch/Eco111t.html
http://william-king.www.drexel.edu/top/prin/txt/Neoch/Eco111t1.html
http://william-king.www.drexel.edu/top/prin/txt/Neoch/Eco111t2.html
Arnold Kling explains the economic concept of utility in
his on-line book:
http://arnoldkling.com/econ/markets/consumer.html
The notion of cost is essential to economics:
http://www.econlib.org/LIBRARY/Enc/OpportunityCost.html
This page from MIT lets you play with a budget line:
http://plaza.mit.edu/econ/index.php?id=15
One of my favorite authors, Steven Rhoads, explains why
the marginal way of looking at problems is important:
http://www.econlib.org/LIBRARY/Enc/Marginalism.html
The blurtit.com website seems to allow people to post
questions, which others then answer. I have not found
anything else that they have on economics, but they did have
a short explanation of the equimarginal principle:
http://www.blurtit.com/q870945.html
These links were checked on May 27, 2007
Copyright
Robert Schenk
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