Briefly defines and provides some background on Eugen von Bohm-Bawerk's "marginal pairs" theory of pricing. Asserts that Bohm-Bawerk's theory is a good introduction to the Austrian school of economics and illustrates the differences between this approach and neoclassical economic theory. Includes several graphs and tables of data. (MJP)

Recommends reviewing the 1958 debate between P. A. Samuelson and J. R. Minasian over the controversy involving tax-financed television versus pay-TV. This exercise is a lively way to introduce students to the issue of exclusionary devices for public goods. Includes graphical analysis and excerpts from the original debates. (MJP)

Describes a class where students learn microeconomics from the perspective of a new business owner. This approach requires reordering the typical sequence of material and introducing a market simulation exercise. Includes a sample business plan, course outline, and data tables. (MJP)

Examines two classes of production functions in which the long-run competitive equilibrium scale of the firm increases when the relative price of the dominant factor decreases. Compares these with a third class of production functions where the equilibrium scale is independent of the relative price of the dominant factor. (MJP)

Maintains that most graduate-level economics textbooks rarely mention the need for consumers to be above their minimum wealth position as a condition for market equilibrium. Argues that this omission leaves students with a mistaken sense about the range of circumstances under which market equilibria can exist. (MJP)

Replicates an earlier study that used videotapes to examine the types of errors made by novice economics students in graphic analysis of a simple supply-demand problem. Further explores the issue by improving the framework for analyzing errors and documenting some methods used by novice groups to correct errors. (MJP)

Asserts that subscription price increases for academic journals have been the area of single greatest concern to librarians during the past decade. Finds that systematic variations in library prices across economics journals offer explainable reasons. (CFR)

Discusses linear demand functions and constant marginal costs related to a monopoly in a market economy. Illustrates the demand function by using a curve. Includes an appendix with two figures and accompanying mathematical formulae illustrating the concepts presented in the article. (CFR)

Discusses issues related to short-run marginal cost and long-run marginal cost in economic theory. Asserts that few economics textbooks deal with important aspects of this concept. Includes four figures illustrating the approach suggested by the authors. (CFR)

Asserts that international trade, as compared with international finance or even international economics, is primarily an applied microeconomics field. Discusses decomposition analysis in relation to international trade and tariffs. Reports on an evaluation of the treatment of this topic in eight college-level economics textbooks. (CFR)

Reviews recent research into the theory of the kinked demand curve in economics. Applies this theory to economic concepts such as marginal cost and price flexibility. Discusses the implications for corporations and government policymakers. (CFR)

Contends that the production possibilities frontier (PPF) appears only in preliminary discussions of scarcity in principles textbooks. Illustrates how linking the Keynesian cross and the production possibilities frontier can yield worthwhile results while maintaining analytical simplicity. (CFR)

Examines the behavior of long-run average cost when the firm knows it faces pecuniary economies or diseconomies of scale. Asserts that the central issue is the conditions under which the scale properties of the production function will or will not dominate the pecuniary effects of changing input prices. (CFR)

Investigates factors that influence the short-run and long-run effects of supply-side shocks on aggregate income and tax revenues. Concludes that the long-run relationship between tax revenues and the tax rate is completely independent of price-level elasticity. (CFR)

Maintains that it is generally assumed that rent control redistributes wealth from landlords to consumers of housing. Presents data and graphs to illustrate how rent control can benefit landlords and increase housing availability. Asserts that this exercise is effective for students studying microeconomic theory. (CFR)