IDEAS home Printed from https://ideas.repec.org/a/mve/journl/v30y2004i2p97-104.html
   My bibliography  Save this article

A Note on Capital as a Concept in Principles of Economics Textbooks

Author

Listed:
  • James R. Gale

    (Michigan Technological University)

Abstract

This paper examines the way in which principles of economics textbooks treat the concept of capital. A number of textbooks are reviewed and are shown to exhibit consistencies and inconsistencies in the use of the word "capital" in different contexts within the main body of textbooks and in definitions found in glossaries. Included in the paper is a discussion of the new concept of capital found in international balance of payments accounting. The general conclusions of the paper are that authors should use multiple definitions in glossaries and that they and instructors should highlight potential sources of confusion in the use of technical economic terms to first readers of economics.

Suggested Citation

  • James R. Gale, 2004. "A Note on Capital as a Concept in Principles of Economics Textbooks," Journal of Economic Insight, Missouri Valley Economic Association, vol. 30(2), pages 97-104.
    • Handle: RePEc:mve:journl:v:30:y:2004:i:2:p:97-104
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    More about this item

    JEL classification:

    • A22 - General Economics and Teaching - - Economic Education and Teaching of Economics - - - Undergraduate

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:mve:journl:v:30:y:2004:i:2:p:97-104. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Cullen Goenner (email available below). General contact details of provider: https://edirc.repec.org/data/mveaaea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.