A Note on Capital as a Concept in Principles of Economics Textbooks
AbstractThis paper examines the way in which principles of economics textbooks treat the concept of capital. A number of textbooks are reviewed and are shown to exhibit consistencies and inconsistencies in the use of the word "capital" in different contexts within the main body of textbooks and in definitions found in glossaries. Included in the paper is a discussion of the new concept of capital found in international balance of payments accounting. The general conclusions of the paper are that authors should use multiple definitions in glossaries and that they and instructors should highlight potential sources of confusion in the use of technical economic terms to first readers of economics.
Download InfoTo our knowledge, this item is not available for download. To find whether it is available, there are three options:
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
Bibliographic InfoArticle provided by Missouri Valley Economic Association in its journal The Journal of Economics.
Volume (Year): 30 (2004)
Issue (Month): 2 ()
Find related papers by JEL classification:
- A22 - General Economics and Teaching - - Economic Education and Teaching of Economics - - - Undergraduate
You can help add them by filling out this form.
reading list or among the top items on IDEAS.Access and download statisticsgeneral information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Ken Brown).
If references are entirely missing, you can add them using this form.