Lessons from the Specific Factors Model of International Trade.

Tohamy, Soumaya M.; Mixon, J. Wilson, Jr.

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Peer reviewed

ERIC Number: EJ673861

Record Type: Journal

Publication Date: 2003

Pages: N/A

Abstractor: N/A

ISBN: N/A

ISSN: ISSN-0022-0485

EISSN: N/A

Lessons from the Specific Factors Model of International Trade.

Tohamy, Soumaya M.; Mixon, J. Wilson, Jr.

Journal of Economic Education, v34 n2 p139-50 Spr 2003

Uses the Specific Factors model to illustrate the meaning of economic efficiency, how complex economies simultaneously determine prices and quantities, and how changes in demand conditions or technology can affect income distribution among owners of factors of production. Employs spreadsheets to help students see how the model works. (JEH)

Descriptors: Classroom Techniques, Computer Assisted Instruction, Economics, Economics Education, Higher Education, International Trade, Spreadsheets, Teaching Methods, Undergraduate Study

Publication Type: Guides - Non-Classroom; Journal Articles; Reports - Descriptive

Education Level: N/A

Audience: N/A

Language: English

Sponsor: N/A

Authoring Institution: N/A

Grant or Contract Numbers: N/A