Tuesday, January 17, 2006

Suggestions on Textbook Readings

I suggest that you look at the graphs and explanations for the following sections in the textbook, since they are important but were not (in my opinion) sufficiently covered in the reviews.


-- income and substitution effects: Figure 9 on p. 465 (also figure 10 on p. 467

-- supply of labor: Figure 14 on p. 471

-- supply of saving (capital) Figure 16 on p. 474

-- Demand for Capital: Figure 7 on p. 405

-- Demand for Labor: Figure 3 on p. 396


The discussion on pp. 397-398 is also helpful.

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