Content and teaching ideas for Intermediate Microeconomics
Tuesday, February 5, 2008
Retail Markets - Discussion Question
This essay could have been written in the 1970s regarding much of what it describes about the behavior of retail markets (and the Arthur Okun book referenced provides that story in much depth and complexity). Let's consider updating the story. How does the presence of the Internet and modern computer technology affect the story, both on the demand side and on the supply side.