Econ 201 Opportunity Costs

Link to slides

Lecture notes 

For interest:  

• Guns and Butter and World War (Matthew Yglesias, Slate, July 3, 2013)

• Eisenhower and PPFs (US News, Sept. 30, 2011)

• History of the idea of the PPF, and WWII, and Simon Kuznets (David Warsh, June 12, 2011)

• Steven Landburg on the opportunity cost of having a baby...sooner than later.  (Slate, December 9, 2005)

For amusement

• The brilliant xkcd cartoon, and be sure to run your cursor over the cartoon to get an extra pop-up punchlinel

• Saturday Morning Breakfast Cereal cartoon

• Calvin & Hobbs on opportunity costs

• For the PPFs it is important to understand conjunctions, particularly the difference of "and" versus "or."