The cryptocurrency Bitcoin has been prominently featured in the news recently. Its ascension in value has been nothing short of extraordinary. This article briefly explains what Bitcoin is and how it works. The more challenging question is what Bitcoin--this cryptographic breakthrough--really is: currency, like the U.S. dollar, an asset, more like…

Bitcoin, Litecoin, Dogecoin, et al "cryptocurrencies" have enjoyed a meteoric rise in popularity and use as a way of performing transactions on the Internet and beyond. While gaining market valuations of billions of dollars and generating much popular press in doing so, little has been academically published on the Computer…

Part of a series of instructional packages for use in college level economics courses, the document contains nine microeconomics chapters. Chapter I, "Economic Concepts, Issues, and Tools," discusses scarcity and choice; preferences, resources, exchange, and economic efficiency; marginal analysis and opportunity cost; and different economic…

Designed as an accompaniment to college level macroeconomic lectures (see SO 011 937), this package contains materials for three approaches to the macroeconomics course. The course covers topics of basic macroeconomic concepts, income and expenditure determination, aggregate demand, unemployment and inflation, policy making, investment and…