Productive Complements: Too Often Neglected in the Principles Course?
Forthcoming in Journal of Economic and Finance Education (in press).
10 Pages Posted: 9 Dec 2013
Date Written: December 7, 2013
Many great economic thinkers, including Alfred Marshall and William Stanley Jevons discussed the importance of joint production, or productive complements, and there are important applications. Yet many students today could complete an economics major and never be introduced to this important concept.
Keywords: production complements, economic education, principles of economics
JEL Classification: A1, A2, D2, M2
Suggested Citation: Suggested Citation