Re: "Substitute for" vs. "Substitute with"

From: James Lacey (jwlacey@gmail.com)
Date: Mon Feb 06 2006 - 12:47:59 CST

  • Next message: G Huxley, Economics: "Re: "Substitute for" vs. "Substitute with""

    The term "substitute" has never been a problem with my students, but
    try explaining that normal goods don't have to be "normal," nor
    inferior goods "inferior.'

    Jim Lacey
    Hesser College

    On 2/6/06, JeniferGamber@aol.com <JeniferGamber@aol.com> wrote:
    >
    > Sorry if I wasn't clear. I wasn't suggesting using the "replacement" effect.
    > I was suggesting that when explaining mathematical substitution that you use
    > the word "replace." Substitution effect is for me, an example of good use of
    > economic terminology. 

    --
jwlacey@gmail.com

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