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ERIC Number: EJ707688
Record Type: Journal
Publication Date: 2004-Sep-22
Pages: 17
Abstractor: Author
ISBN: N/A
ISSN: ISSN-0022-0485
EISSN: N/A
Available Date: N/A
Using Nonlinear Programming in International Trade Theory: The Factor-Proportions Model
Gilbert, John
Journal of Economic Education, v35 n4 p343 Fall 2004
Students at all levels benefit from a multi-faceted approach to learning abstract material. The most commonly used technique in teaching the pure theory of international trade is a combination of geometry and algebraic derivations. Numerical simulation can provide a valuable third support to these approaches. The author describes a simple numerical nonlinear program that reinforces a widely used geometric device for teaching the factor-proportions theory. The basic model can be easily adapted to demonstrate a wide variety of models and results from the pure theory, of international trade. The author describes the model and gives suggestions for its use as a teaching device. The author discusses extensions and further applications of the model to other important results in international trade theory.
Heldref Publications, Helen Dwight Reid Educational Foundation, 1319 Eighteenth Street, NW, Washington, DC 20036-1802. Web site: http://www.heldref.org.
Publication Type: Journal Articles; Reports - Descriptive
Education Level: Higher Education
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A
Grant or Contract Numbers: N/A
Author Affiliations: N/A