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Using Graphs In Economics

Using Graphs in Economics



Graphs are an important tool in the study of economics. Graphs make the relationships involved in economics much easier to understand.

I have chosen not to include graphs in this website. It is possible that I will incorporate graphs at some point in the future. But for now, I have chosen not to include graphs for the following reasons.

1. Ease of navigation
The purpose of this site has always been to stick to basic concepts and make it as user-friendly as possible. I want users to be able to find what they are looking for with a minimum of effort. If I included graphs along with all of the explanations, it would necessarily mean a lot more scrolling through pages in order to find the explanations for the concepts which are central to the purpose of the site.

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2. Focus on the concepts
One problem I have with the usual way that schools tend to teach economics is that the teaching tends to blur the distinction between concepts and models/theories. Models and theories are important for students to understand, but I find that conclusions based on models and theories are often confused with conclusions based on concepts (even for professors!). Graphs help students to visualize what is being taught, but at the same time they are short-cuts to conclusions that ignore the important distinction between concept and theory.

3. Most users of this site who need to know graphs will likely already have access to the graphs they need
While some users would benefit from the inclusion of graphs in this site, in weighing the pros and cons I have concluded that graphs would mostly get in the way of those who are looking for an understanding of concepts while those who need graphs are likely to be students who already have classroom materials which explain graphs.