Alternative Organization
Perfect Competition and Efficiency
The late Paul Heyne writes about efficiency for The
Concise Encyclopedia of Economics:
http://www.econlib.org/library/Enc/Efficiency.html
tutor2u.net organizes its explanation of efficiency
differently than the way CyberEconomics explains
efficiency:
http://www.tutor2u.net/economics/content/topics/competition/efficiency.htm
The www.tutor2U.net site is from Britain and apparently
is quite popular. Here it gives an explanation of consumer
surplus:
http://www.tutor2u.net/economics/content/topics/marketsinaction/consumer_surplus.htm
Steve Suranovic has a textbook on international trade on
the internet. Most of it is far more advanced than
CyberEconomics, but not its examination of producer
surplus:
http://internationalecon.com/Trade/Tch90/T90-6B.php
Wikipedia has a short article illustrating producer and
consumer surplus on a supply and demand graph:
http://en.wikipedia.org/wiki/Economic_surplus
These links were checked on May 27, 2007
Copyright
Robert Schenk
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