The Importance Of Emphasizing The Intertemporal Consumption Model In Intermediate Microeconomics

Authors

  • Stephen Norman
  • Douglas Wills

Abstract

We show that emphasizing the intertemporal consumption (IC) model in intermediate microeconomics can help connect the content to intermediate macroeconomics, econometrics, and finance. This also helps the instructor relate modern macroeconomic theory to topics discussed, typically incorrectly, in the media.

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Published

2017-05-30