Taylor, Microeconomics 2E

Chapter 1: Observing and Explaining the Economy


Mapping - Another Type of Abstraction

a. Use Yahoo's mapping service to construct a map of your home or school address. In what way does this map serve as an abstraction?
b. Zoom out to the highest level. How does this affect the level of abstraction?
c. When would each type of map be most useful? Generalise this argument by discussing the level of abstraction needed for alternative economic models.