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Boyd, Laura A.; Boyd, David W. – Journal of Economic Education, 1994
Discusses issues related to short-run marginal cost and long-run marginal cost in economic theory. Asserts that few economics textbooks deal with important aspects of this concept. Includes four figures illustrating the approach suggested by the authors. (CFR)
Descriptors: Capitalism, Economics, Economics Education, Educational Strategies
Peer reviewed Peer reviewed
Spiegel, Uriel – Journal of Economic Education, 1994
Discusses the concept of "Giffen goods" as it applies to price theory in economics instruction. Provides a graphic presentation and analysis of Giffen goods and behavior. Includes examples of Giffen behavior that can be used to illustrate the concept. (CFR)
Descriptors: Course Content, Economic Factors, Economics Education, Educational Strategies