Economics is everywhere
Author(s)
Bibliographic Information
Economics is everywhere
McGraw-Hill/Irwin, c2004
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Note
Includes index
Description and Table of Contents
Description
The purpose of "Economics Is Everywhere" by Daniel S. Hamermesh is to illustrate the wide range of daily activities to which an economic way of thinking can be applied. Each of the 401 vignettes is inspired by an everyday event that students came up with or were inspired by news articles, films, personal life or popular culture. The book is organized into three parts to follow the topical arrangement of a typical introductory microeconomic textbook. These vignettes apply what students learn in their introductory microeconomics textbook. They focus on the student's ability to apply formal analysis with myriad of examples that come out of their daily activities. After studying this applications/issues book, students will be able to read a newspaper or magazine and understand their own daily activities in a new, economic way - and as a result understand the economics at work around them.
Table of Contents
Introduction. Thinking About the Economics Everywhere Part I. Trade-Offs, Supply and Demand Chapter 1. Trade-offs and Opportunity Cost Chapter 2. Demand and Supply Curves Chapter 3. Supply and Demand Together Unrestricted Markets Chapter 4. Supply and Demand Restricted Markets Chapter 5. The Consumer---Incentives and Elasticity Chapter 6. The Consumer Satisfaction and Preferences Chapter 7. Utility---Altruism and Risk Tips on Hunting for Part I Part II. Costs, Production and Markets Chapter 8. Cost and Production Chapter 9. The Firm in the Short Run Fixed and Variable Costs Chapter 10. Competitive Markets in the Long Run Chapter 11. Competitive Markets Responses to Shocks Chapter 12. Social Optima Chapter 13. Monopoly and Monopolistic Competition Chapter 14. Price Discrimination Chapter 15. Oligopoly (Including Game Theory) Tips on Hunting for Part II Part III. Input Markets, the Public Sector and International Markets Chapter 16. Present Value and Discounting Chapter 17. Wage Differences Chapter 18. Labor Market Behavior and Poverty Chapter 19. Externalities, Public Goods and Property Rights Chapter 20. Taxes and Public Expenditures Chapter 21. International Economics Tips on Hunting for Part III Glossary Index Index
by "Nielsen BookData"