This business problem for microeconomic students might be used as part of a problem set or as a take-home exam. It highlights the importance of marginal analysis and the implications of the fact that rational individuals will undertake the most cost-effective measures first. Copyright 1997 by...

Recent outbreaks of measles and other childhood diseases have put immunization policy on the national agenda. This teaching note on childhood immunization, intended for principles courses, discusses the rationale for government involvement, the situation in the United States, and the policies of...