ECON 9740
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BAUMOL/BLINDER CHS. 1-8 SOLUTIONS 13TH EDITION - BAUMOL/BLINDER CHS. 1-8 SOLUTIONS 13TH EDITION (All Answers are Correct)
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BAUMOL/BLINDER 
CHS. 1-8 SOLUTIONS 
 13TH EDITION 
 
CHAPTER 1 
WHAT IS ECONOMICS? 
DISCUSSION QUESTIONS 
1. Think about a way you would construct a model of how your college is governed. Which 
officers and administrators would you include and exclude from your model if the 
objective were one of the following: 
a.To explain how decisions on financial aid are made 
b.To explain the quality of the faculty 
 Relate this to the map example in the chapter. 
 This question is designed to make studen...
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