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A Beautiful Mind: Using Media to Teach Economics

A Beautiful Mind won the Academy Award for best picture in 2001 and it chronicles the life of John Nash who is noted for his pioneering work on general equilibrium theory. This scene is a great way to discuss self-interest and contrast it with the social optimum. Nash's work has augmented Adam Smith's "invisible hand" theory by extending how self-interest is modeled. This scene is must viewing even though the scene itself contains flawed...

Disciplines:

Business / Economics / Micro

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Material Type:: Assignment
Date Added to MERLOT:: December 30, 2022
Date Modified in MERLOT:: January 2, 2023
Author:: Dirk Mateer , Penn State
Submitter:: Cathy Swift

Primary Audience:: College General Ed, College Lower Division
Technical Format:: Website
Mobile Compatibility:: Not specified at this time
Language:: English
Cost Involved:: No
Source Code Available:: Unknown
Creative Commons:: This work is licensed under a Attribution-NonCommercial-ShareAlike 4.0 International