Earth-economics: A closed economy approach with real world data

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Abstract

This article develops the idea of using the closed economy concept to discuss our planet's economy. The article illustrates how observations at the level of planet Earth can be used while teaching relationships that are studied in a closed economy setting. It provides an overview of internet resources with world data and some practical examples that can readily be used in teaching. (C) 2013 Elsevier Ltd. All rights reserved.
Original languageEnglish
Pages (from-to)60-70
Number of pages11
JournalInternational Review of Economics Education
Volume15
DOIs
Publication statusPublished - Jan 2014

Research programs

  • EUR-ISS-EDEM

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