Talk:Microeconomics/Draft: Difference between revisions

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imported>Martin Baldwin-Edwards
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imported>D. Matt Innis
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|                  by = --[[User:Martin Baldwin-Edwards|Martin Baldwin-Edwards]] 20:19, 23 September 2007 (CDT)[[User:João Prado Ribeiro Campos|J. R. Campos]] 13:25, 1 April 2007 (CDT)
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I suggest replacing the opening paragraph with a more conventional definition including the familiar concepts of the alternative uses of limited resources and the consequences of economic efficiency for the welfare of the community. The paragraph could then include links to separate articles on competition and on economic efficiency. (My apologies for the existing competition link - that will have to be moved in any case)
I suggest replacing the opening paragraph with a more conventional definition including the familiar concepts of the alternative uses of limited resources and the consequences of economic efficiency for the welfare of the community. The paragraph could then include links to separate articles on competition and on economic efficiency. (My apologies for the existing competition link - that will have to be moved in any case)


Revision as of 18:16, 14 October 2007

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 Definition:  A branch of economics that deals with transactions between suppliers and consumers, acting individually or in groups. [d] [e]
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I suggest replacing the opening paragraph with a more conventional definition including the familiar concepts of the alternative uses of limited resources and the consequences of economic efficiency for the welfare of the community. The paragraph could then include links to separate articles on competition and on economic efficiency. (My apologies for the existing competition link - that will have to be moved in any case)

The references to economic agents and models could be retained, but might better be preceded by a sentence or so explaining the concept of a model (I have found that the term is not always well understood by non-economists)

Should there also be something in the opening paragraph about positive and normative economics?

I will not attempt any drafting until I have your reaction to my suggestions.

Nick Gardner 04:26, 14 September 2007 (CDT)

This sounds fine, so go ahead. Nothing will be set in stone anyway, so don't worry about changing things on the wiki. The previous author left in a huff: for the moment you are on your own with this article. Good luck! --Martin Baldwin-Edwards 07:32, 14 September 2007 (CDT)
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