•  
  •  
 

Abstract / Synopsis

How can we teach people about the economics of labor and exploitation in mathematics courses? We define a mathematical model for describing the relationships embodied by commodities and labor. We then use this model to illustrate the exploitative nature of profit and the tendency for catastrophic chain-reactions that lead to market crashes. Lastly, we discuss applications to pedagogy in mathematics courses using a simplified version of the model.

DOI

10.5642/jhummath.ZRGJ8610

Terms of Use & License Information

Terms of Use for work posted in Scholarship@Claremont.

Share

COinS