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Peer reviewedScoville, James G. – Journal of Economic Education, 1991
Presents a diagram for figuring the value of time into an individual's labor-supply decisions and the time intensiveness of the individual's consumption patterns. Seeks to make the integration of differing time values with leisure income choices more understandable for students. (DK)
Descriptors: Consumer Economics, Decision Making, Economics, Economics Education
Peer reviewedForster, Bruce A. – Journal of Economic Education, 1989
Provides a diagrammatic analysis of S. D. Gerking and J. H. Mutti's framework, illustrating their results and demonstrating additional results. Shows how the out-migration of labor from a country affects wage rates and flow of capital. Aids courses in international trade, economic development, and regional economics. (SLM)
Descriptors: Capital, Economic Development, Economic Research, Economics
