Economic Perspectives

An introduction to U.S. macroeconomic policy issues, such as how we use monetary and fiscal policies to promote economic growth, low unemployment, and low inflation.

Showing posts with label PPF. Show all posts
Showing posts with label PPF. Show all posts
Monday, April 7, 2008

PPF for Cowboys - with Constant Opportunity Costs

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In this example, we are considering two options for the work done on a ranch in an afternoon. Each cowboy has the ability to store 100 bale...
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JOHN BUCK
Jacksonville, Florida
I am a professor of economics at Jacksonville University, where I teach courses in introductory economics, comparative economic development, and globalization. I use this blog to keep in touch with my current and former students. Teachers and students at other schools, as well as others interested in economic issues, are welcome to use this resource.
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