ECON Assistance

DISCUSSION WEEK 3 TOPIC

Read the articles:

1)     Measuring consumer surplus online. If this link does not work, your instructor can provide a pdf. file with this article.

http://www.economist.com/blogs/freeexchange/2013/03/technology-2

2)     Net benefits.  If this link does not work, your instructor can provide a pdf. file with this article.

http://www.economist.com/news/finance-and-economics/21573091-how-quantify-gains-internet-has-brought-consumers-net-benefits

 

Response should also be at least 100 words each, using apa style.

 

 Choose one question to answer:

1)      Explain the challenges in measuring consumer surplus of a free product like major online applications, such as Facebook and Google Search.

2)      Explain how to quantify the gains that the internet has brought to consumers.