While the paper lacks a formal abstract, it draws the important distinction between stocks and flows in supply and demand to better understand the business cycle.

While there was no abstract for this brief paper, it clarifies for students that demand and supply slopes convey the burden of taxation discussion at least as well as does the more typical discussion employing elasticities.

The brief paper lacks an abstract, but clarifies a point of considerable confusion among students of economics.

We show here that the usual textbook declaration that there is no such thing as a "supply curve" for a monopoly can be confusing for students and is at least somewhat misleading. The perfect competition case corresponds to a "one-parameter" demand curve facing the firm; varying that parameter...

We describe how to usefully incorporate inventory holding behavior into supply and demand as usually presented in undergraduate economics courses. The approach taken adds considerable realism that will appeal to certain students of economics

The standard textbook description of relationship between the LRMC and the SRMC for output levels below the optimum for a particular plant size is typically misleading and imprecise. Students are frequently confused as to how the SRMC can ever be below the LRMC since everything is variable in...

The burden of taxation is usually discussed in terms of elasticity of demand and supply. We show here that, at least for many students, merely using the slopes of demand and supply to yield the same conclusions will be more intuitively satisfying

Concern about potential free riding in the provision of public goods has a long history. More recently, experimental economists have turned their attention to the conditions under which free riding would be expected to occur. A model of free riding is provided here which demonstrates that...

The paper lacks an abstract, but argues that an important systematic influence on regional growth and decline is the climate offered at various locations.

This paper presents secular evidence on the income velocity of money balances. Under a variety of specifications and statistical techniques, employed on both traditional and non-traditional variables, the Friedman assertion that money is a superior good is found to lack empirical support....