Guide to the Web for Economics

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CHAPTER 4

Fundamentals of Economics and the Market System

• Basic Concepts: Economics and Competition
• Demand and Supply
• Markets
• Alphabetical(4)
• Global Index

• Introduction to Economics
  • Type: writing Level: basic Length: medium Links: yes Graphics: no
  • Page provides a concise definition of the economy, macroeconomics, and microeconomics. Includes links to other basic economics lessons, information about investing, and more.
  • http://www.buckinvestor.com/economy/economics.html
• Basic Economic Concepts
  • Type: publication Level: basic Length: long Links: yes Graphics: yes
  • A chapter covering opportunity cost and the production possibilities curve with graphical illustrations. Page also links to other chapters from the on-line economics course, Economics and Economic Reasoning.
  • http://www.unb.ca/web/econ/sephton/frames1.html
• Linking the Production Possibilities Curve
  • Type: publication Level: basic Length: short Links: yes Graphics: no
  • Page contains the abstract of an article from the Journal of Economic Education. Article stresses the importance of treating the supply curve as a plot of the slope of the production possibilities curve.
  • http://www.indiana.edu/~econed/issues/v22_4/2.htm
• China Works
  • Type: article Level: basic Length: long Links: yes Graphics: no
  • An information resource center with a focus on business and investment trends in China, including links to articles relating to China's move toward a market-oriented economy.
  • http://www.pblsh.com/ChinaWorks
• Meaning of Competition
  • Type: publication Level: intermediate Length: short Links: yes Graphics: no Other: pdf
  • Page includes the abstract and a link to downloading the full text of an article from the Journal of Economic Education. Article presents a graphical method for illustrating and contrasting the static and dynamic views of competition.
  • http://www.indiana.edu/~econed/issues/v29_4/7.htm

Go To Top

Alphabetical(4)

Global Index

Go To Contents

Demand and Supply

• Study Tips for Economics Courses
  • Type: list Level: basic Length: short Links: yes Graphics: no
  • Site from the University of Texas at Austin provides a summary of economics study tips with a good review of working with graphs of demand and supply.
  • http://www.utexas.edu/student/lsc/handouts/1409.html
• Tools of Economic Analysis
  • Type: list Level: basic Length: short Links: yes Graphics: no
  • Page lists links to PowerPoint slides for an economics course. Slides have charts and detailed notes covering the market system, demand, supply, market equilibrium, and price controls.
  • http://ecolan.sbs.ohio-state.edu/Aly/classes/powerpoint/ch3/index.html
• Demand and Supply Curve Analysis
  • Type: publication Level: basic Length: short Links: yes Graphics: no Other: pdf
  • Page includes the abstract and a link to downloading the full text of an article from the Journal of Economic Education. Using demand and supply analysis, the article provides suggestions for the classroom presentation and group discussion questions on the economics of the homeless.
  • http://www.indiana.edu/~econed/issues/v29_3/3.htm
• Supply and Demand Lesson
  • Type: writing Level: basic Length: long Links: no Graphics: yes
  • Site contains detailed notes, charts, and graphs to illustrate the basic concepts of demand, supply, and market equilibrium, including the impact of changes (shifts) in demand and supply.
  • http://william-king.www.drexel.edu/top/prin/txt/SDch/SD.html
• Supply and Demand for Child Care
  • Type: writing Level: basic Length: medium Links: yes Graphics: yes
  • Site gives facts and figures about the supply and demand for childcare in the state of Michigan. Page also links to other data and information about Michigan's community-coordinated childcare network.
  • http://www.mi4c.org/graph2.htm
• Model of Supply and Demand
  • Type: publication Level: basic Length: medium Links: yes Graphics: yes
  • Page contains detailed teaching notes with a numerical examples and graphs of demand and supply, illustrating the impact on equilibrium when a shift in supply occurs. Page also links to notes on related topics in principles of economics.
  • http://ingrimayne.saintjoe.edu/econ/DemandSupply/SupEtDemand.html
• Supply, Demand & Market Price
  • Type: writing Level: basic Length: long Links: yes Graphics: yes
  • An outline of lecture notes with graphs to provide a basic review of supply and demand and the impact of shifts in the curves on equilibrium.
  • http://mountmike.creighton.edu/econ/supply_demand/index.html
• Chicken Prices up as Demand Rises
  • Type: publication Level: basic Length: short Links: yes Graphics: yes
  • Page contains a 1999 article discussing an expected increase in the price of chicken in Malaysia due to higher demand resulting from a Japanese encephalitis scare.
  • http://metro.thestar.com.my/news/1999/mar/27fachick.html
• Baby Boomers Envision Their Retirement
  • Type: publication Level: basic Length: long Links: yes Graphics: yes Other: pdf/search
  • Site from the AARP contains a downloadable 1999 report on the seventy-six million baby boomers born between 1946 and 1964. Page documents differences in the baby boomers attitudes and demand for retirement plans.
  • http://research.aarp.org/econ/boomer_seg_toc.html
• Water Scarcity
  • Type: publication Level: basic Length: short Links: yes Graphics: yes
  • A 1997 article discussing the prospect of a scarcity of water in the twenty-first century and advocating reforms in water management policies.
  • http://www.cgiar.org/ifpri/2020/newslet/nv_0397/nv_0397b.htm
• Shortage of Toilet Paper
  • Type: writing Level: basic Length: long Links: yes Graphics: yes
  • After providing history and statistics about toilet paper, the page gives an account of a joke by Johnny Carson in 1973 that resulted in an actual shortage of toilet paper.
  • http://home.nycap.rr.com/useless/toilet_paper/toiletpaper.html

Go To Top

Alphabetical(4)

Global Index

Go To Contents

Markets

• Adam Smith's Laissez-Faire Policies
  • Type: writing Level: basic Length: short Links: yes Graphics: yes
  • Page contains a brief summary of Adam Smiths belief in a laissez-faire policy of government non-intervention. Page also links to information about Victorian economics and history.
  • http://www.stg.brown.edu/projects/hypertext/landow/victorian/economics/laissez.html
• Iowa Electronic Markets
  • Type: writing Level: intermediate Length: short Links: yes Graphics: yes
  • Site provides real-money futures markets in which contract payoffs depend on economic and political events such as elections.
  • http://www.biz.uiowa.edu/iem/index.html
• Meet China
  • Type: list Level: basic Length: short Links: yes Graphics: yes
  • Site provides an electronic port of entry to the Chinese market by providing a means to purchase directly from or sell to thousands of Chinese companies.
  • http://www.meetchina.com/
• eBay
  • Type: list Level: basic Length: short Links: yes Graphics: yes Other: search
  • Home page for eBay, providing an on-line auction for buying or selling most anything, including antiques, toys, jewelry, sports memorabilia, and much more.
  • http://www.ebay.com/
• Onsale
  • Type: list Level: basic Length: short Links: yes Graphics: yes Other: search
  • An interactive marketplace offering computer products at wholesale prices and an on-line auction for computers, sports equipment, travel, and more.
  • http://www.onsale.com/