Talk:Microeconomics/Draft

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Revision as of 13:35, 13 February 2008 by imported>D. Matt Innis (→‎APPROVED Version 1.0: I think we can call that one common sense)
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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)

Near completion

There is little left to be said that should not be adequately covered in the linked articles. However I still retain some slight hope of attracting suggestions from fellow-economists. But perhaps I should give that up and await approval of what I have done before attempting anything further? Nick Gardner 16:53, 15 October 2007 (CDT)

Nick, thanks for all the good work you have been doing. I am not managing to do any more than just keep an eye on things, but I hope to spend more time here next month. I am also hoping that more economists will venture here -- especially new editors. We could send them some mail to encourage that:-) --Martin Baldwin-Edwards 17:00, 15 October 2007 (CDT)

APPROVED Version 1.0

Way to go Nick! Congratulations!

In the section "The consumer" of the approved version there is a typo: there stands "substition" for "substitution". Is there any way to fix it immediately? Andres Luure 00:03, 13 February 2008 (CST)

Not immediately. This is one of the glitches yet to be ironed out...Martin Baldwin-Edwards 00:40, 13 February 2008 (CST)
I made an executive decision. I'll apologize later if necessary;) --D. Matt Innis 12:35, 13 February 2008 (CST)