Article ID Journal Published Year Pages File Type
357493 International Review of Economics Education 2015 9 Pages PDF
Abstract

The present paper has two objectives, both of which are purely pedagogical in nature. The first is to propose a competitor to the conceptual “workhorse” of economics, the Cobb–Douglas functional form. Our competitor is a special case of the square-root functional form. The second objective is to employ our special case as the foundation for a much-needed overview or roadmap to a large expanse of producer and consumer theory.

Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
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