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Observations on the Use of Textbooks in the Teaching of Principles of Economics: A Comment |
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| Authors: | Karl Case |
| Affiliation: | Wellesley College |
| Abstract: | The usual substitution effect of a price change between goods is extended to substitution among differentiated products within a heterogeneous good in a manner useful for the introductory and intermediate courses. The example of student choice of course load is used. |
| Keywords: | course performance economic principles employer tuition reimbursement financial aid sources of funding for higher education |