Talk:Microeconomics/Draft

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Revision as of 03:26, 14 September 2007 by imported>Nick Gardner (suggestions for changes to the opening paragraph)
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Article Checklist for "Microeconomics/Draft"
Workgroup category or categories Economics Workgroup [Categories OK]
Article status Developing article: beyond a stub, but incomplete
Underlinked article? No
Basic cleanup done? Yes
Checklist last edited by 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)

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)