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Internet Application Questions
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1

Compare how two well-known economic thinkers - Paul Krugman and Robert Heilbroner - view the methods used in modern economics. Which thinker's view do you think is more persuasive. Why?
2

Economists assume that individuals are rational, self-interested, and knowledgeable. Commentators such as Steve Kangas, in his article The Myth of Homo Economicus (at ), criticize each of these assumptions. After reading this article, give a possible exception to each of these three assumptions. Do you agree with Kangas that these exceptions make the assumptions invalid?





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