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June 9, 2015 by jagfnz Leave a Comment

Self interest or greed at the basis for economic thinking about human behaviour

Doug’s book has a provocative idea: people are always and everywhere motivated by Greed. Just what does this mean? John asks: Isn’t it a bit off putting to think this is the one and only motivation for human behaviour – and wrong, since many of us do clearly feel we are not greedy people? ” Doug replies….. (8 minutes long)

Filed Under: Econ103 Summer SFU, Intro Econ, MicroEcon Principles, Uncategorized Tagged With: econ 103, Econ103 Summer SFU, economics

May 13, 2015 by jagfnz Leave a Comment

Building on the sketchy outline of the simple demand and supply model from Lecture 1’s class – and the experience of the trading pit – we follow Prof Allen in Ch1 by examining how economics is a particular way of thinking – a particular scientific way of thinking. Remember, this is just the beginning, a little framework to work with. PS – we ran out of time at the end of Lecture 1, but this segment was supposed to be the final part of that lecture. Of course we moved it into Lecture 2…but it really should be (and here is) labelled as part of lecture 1.

Next up we’ll look at some practical ideas about how to be a good critical thinker, reasoner , writer, listener…..whether or not you are using – economic models – to guide your reasoning.

https://strategicecon.com/979/

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May 6, 2015 by jagfnz Leave a Comment

Consumer and seller surplus animation

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May 6, 2015 by jagfnz Leave a Comment

Consumer and Seller surplus : Darlene and Nelson

Animated version of Ch 6 pp 134-136 example form Doug’s text. Click the “+” at the end of the slider to enter a numeric value. You will/may be prompted to register at Wolfram to download the CDF player. This registration process is quick and easy and safe – well as safe as apple, adobe, microsoft…since Wolfram has been around since as long as they have. Think of the CDF player as you would Adobe reader – exceptionally powerful of distributing interactive graphical visualisations of complex mathematical expressions.

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May 6, 2015 by jagfnz Leave a Comment

week 1 1.1.g Thinking inside a “box” – 7 principles define the model

1.1.g Thinking inside a “box” – 7 principles define the model

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