The Importance of Emphasizing the Intertemporal Consumption Model in Intermediate Microeconomics

Stephen Norman and Douglas Wills

Journal for Economic Educators, 2017, vol. 17, issue 1, 25-29

Abstract: We show that emphasizing the intertemporal consumption (IC) model in intermediate microeconomics can help connect the content to intermediate macroeconomics, econometrics, and finance. This also helps the instructor relate modern macroeconomic theory to topics discussed, typically incorrectly, in the media.

Keywords: Intertemporal Consumption Model; Microeconomics Teaching; Macroeconomics Teaching (search for similar items in EconPapers)
JEL-codes: A22 D90 (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:mts:jrnlee:v:17:y:2017:i:1:p:25-29

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