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Direct linkNicholson, Walter; Westhoff, Frank – Journal of Economic Education, 2009
General equilibrium models now play important roles in many fields of economics including tax policy, environmental regulation, international trade, and economic development. The intermediate microeconomics classroom has not kept pace with these trends, however. Microeconomics textbooks primarily focus on the insights that can be drawn from the…
Descriptors: Economic Development, Microeconomics, Computer Simulation, Economics Education
