Talk: Microeconomics
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There are several basics that need to be worked on. First is basic consumer theory (indifference curves and how these cause a response to income and price changes) and producer theory (isoquants(sp?) marginal cost, etc), and how they combine to create demand and supply curves. Right now we have basically a dictionary with lots of terms, but no real link between them, because the underlying producer and consumer theory is missing. I mean, how can you possibly explain natural monopoly or factors of production adequately without a decent understanding of how producer theory works in the competitive state? I plan on working on these topics as I have time in the upcomming months, but I know that there are quite a few other people in wikipedia who know as much as I do on microeconomics topics. Jrincayc 15:27 Feb 28, 2003 (UTC)
- Added Consumer theory. I will start working on Producer theory soon. By the way, if I any of the microeconomics articles are confusing or need more examples, feel free to comment in the talk page or in my talk page. Jrincayc 13:09 2 Jun 2003 (UTC)