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Peer reviewedDittmer, Timothy – Journal of Economic Education, 2005
Many introductory microeconomics textbook authors derive the law of demand from the assumption of diminishing marginal utility. Authors of intermediate and graduate textbooks derive demand from diminishing marginal rate of substitution and ordinal preferences. These approaches are not interchangeable; diminishing marginal utility for all goods is…
Descriptors: Textbooks, Microeconomics, Economics Education, Supply and Demand
Peer reviewedSamuelson, Paul A.; McGraw, Harold W., Jr.; Nordhaus, William D.; Ashenfelter, Orley; Solow, Robert M.; Fischer, Stanley – Journal of Economic Education, 1999
Provides comments by Nobel laureate Paul A. Samuelson, Harold W. McGraw Jr., William D. Nordhaus, Orley Ashenfelter, Robert M. Solow, and Stanley Fischer on Samuelson's introductory textbook "Economics," as presented at the 1998 American Economic Association meetings in Chicago (Illinois). (CMK)
Descriptors: Authors, Economic Development, Economics Education, Higher Education
