Oxford University Press - Online Resource Centres

Lipsey & Chrystal: Economics 12e

Chapter 01

Opportunity Cost; Externalities and Alcohol Use An exploration by Biz/ed of opportunity cost and externalities using the consequences of the UK's alcohol consumption. Lots of data is provided (including an excellent mapping of cost-benefit and private-public space for alcohol use/misuse), as well as links to further sources and there are discussion questions at the end.

Transition Economies: From Planned to Market Systems "Russia is symptomatic of a country that, in the space of ten years, has had to make massive adjustments to its economic and political system as it seeks to move away from a planned economic system to a more market orientated one." Interesting discussion by Biz/ed of the transition issues in adapting to a market system. Applied questions and links to other research sources.