Basic Economics 2

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Basic Economics

Basic Economics Pdf/ePub eBook Author: ,
Editor: Basic Books
ISBN: 0465056849
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Basic Economics by , Summary

The bestselling citizen's guide to economics Basic Economics is a citizen's guide to economics, written for those who want to understand how the economy works but have no interest in jargon or equations. Bestselling economist Thomas Sowell explains the general principles underlying different economic systems: capitalist, socialist, feudal, and so on. In readable language, he shows how to critique economic policies in terms of the incentives they create, rather than the goals they proclaim. With clear explanations of the entire field, from rent control and the rise and fall of businesses to the international balance of payments, this is the first book for anyone who wishes to understand how the economy functions. This fifth edition includes a new chapter explaining the reasons for large differences of wealth and income between nations. Drawing on lively examples from around the world and from centuries of history, Sowell explains basic economic principles for the general public in plain English.

Economics in One Lesson

Economics in One Lesson Pdf/ePub eBook Author: Henry Hazlitt
Editor: Currency
ISBN: 0307760626
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Economics in One Lesson by Henry Hazlitt Summary

With over a million copies sold, Economics in One Lesson is an essential guide to the basics of economic theory. A fundamental influence on modern libertarianism, Hazlitt defends capitalism and the free market from economic myths that persist to this day. Considered among the leading economic thinkers of the “Austrian School,” which includes Carl Menger, Ludwig von Mises, Friedrich (F.A.) Hayek, and others, Henry Hazlitt (1894-1993), was a libertarian philosopher, an economist, and a journalist. He was the founding vice-president of the Foundation for Economic Education and an early editor of The Freeman magazine, an influential libertarian publication. Hazlitt wrote Economics in One Lesson, his seminal work, in 1946. Concise and instructive, it is also deceptively prescient and far-reaching in its efforts to dissemble economic fallacies that are so prevalent they have almost become a new orthodoxy. Economic commentators across the political spectrum have credited Hazlitt with foreseeing the collapse of the global economy which occurred more than 50 years after the initial publication of Economics in One Lesson. Hazlitt’s focus on non-governmental solutions, strong — and strongly reasoned — anti-deficit position, and general emphasis on free markets, economic liberty of individuals, and the dangers of government intervention make Economics in One Lesson every bit as relevant and valuable today as it has been since publication.

Applied Economics

Applied Economics Pdf/ePub eBook Author: Thomas Sowell
Editor: Basic Books
ISBN: 0786722703
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Applied Economics by Thomas Sowell Summary

The application of economics to major contemporary real world problems -- housing, medical care, discrimination, the economic development of nations -- is the theme of this new book that tackles these and other issues head on in plain language, as distinguished from the usual jargon of economists. It examines economic policies not simply in terms of their immediate effects but also in terms of their later repercussions, which are often very different and longer lasting. The interplay of politics with economics is another theme of Applied Economics, whose examples are drawn from experiences around the world, showing how similar incentives and constraints tend to produce similar outcomes among very disparate peoples and cultures.

Evolutionary Economics:

Evolutionary Economics: Pdf/ePub eBook Author: Marc R. Tool
Editor: Routledge
ISBN: 1315493039
FileSize: 1213kb
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Evolutionary Economics: by Marc R. Tool Summary

This is part of a two-volume work intended to map the theoretical heartland of the institutionalist perspective on political economy. Volume II considers basic economic processes, institutions for stabilizing and planning economic activities, the role of power and accountability, and emerging global interdependence. Marc R. Tool is the editor of "Journal of Economic Issues".

Basic Economics, Grades 5 - 8

Basic Economics, Grades 5 - 8 Pdf/ePub eBook Author: Karl Biedenweg
Editor: Mark Twain Media
ISBN: 1580379036
FileSize: 609kb
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Basic Economics, Grades 5 - 8 by Karl Biedenweg Summary

Make money talk with Basic Economics for grades 5 and up! This 80-page book helps students develop economic awareness and an awareness of resources and trade. It includes 12 sections, each with worksheets and Internet activities. These sections introduce students to supply and demand, the government's effects on economic behavior, the economic cycle, and global trade. The book also includes an answer key, reproducibles, and review pages.

The Dynamic Systems of Basic Economic Growth Models

The Dynamic Systems of Basic Economic Growth Models Pdf/ePub eBook Author: Bjarne S. Jensen
Editor: Springer Science & Business Media
ISBN: 9401110360
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The Dynamic Systems of Basic Economic Growth Models by Bjarne S. Jensen Summary

Two central problems in the pure theory of economic growth are analysed in this monograph: 1) the dynamic laws governing the economic growth processes, 2) the kinematic and geometric properties of the set of solutions to the dynamic systems. With allegiance to rigor and the emphasis on the theoretical fundamentals of prototype mathematical growth models, the treatise is written in the theorem-proof style. To keep the exposition orderly and as smooth as possible, the economic analysis has been separated from the purely mathematical issues, and hence the monograph is organized in two books. Regarding the scope and content of the two books, an "Introduction and Over view" has been prepared to offer both motivation and a brief account. The introduc tion is especially designed to give a recapitulation of the mathematical theory and results presented in Book II, which are used as the unifying mathematical framework in the analysis and exposition of the different economic growth models in Book I. Economists would probably prefer to go directly to Book I and proceed by consult ing the mathematical theorems of Book II in confirming the economic theorems in Book I. Thereby, both the independence and interdependence of the economic and mathematical argumentations are respected.

The Battle

The Battle Pdf/ePub eBook Author: Arthur C. Brooks
Editor: Basic Books
ISBN: 0465027873
FileSize: 439kb
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The Battle by Arthur C. Brooks Summary

America faces a new culture war. It is not a war about guns, abortions, or gays—rather it is a war against the creeping changes to our entrepreneurial culture, the true bedrock of who we are as a people. The new culture war is a battle between free enterprise and social democracy. Many Americans have forgotten the evils of socialism and the predations of the American Great Society's welfare state programs. But, as American Enterprise Institute's president Arthur C. Brooks reveals in The Battle, the forces for social democracy have returned with a vengeance, expanding the power of the state to a breathtaking degree. The Battle offers a plan of action for the defense of free enterprise; it is at once a call to arms and a crucial redefinition of the political and moral gulf that divides Right and Left in America today. The battle is on, and nothing less than the soul of America is at stake.

Reforming Pensions

Reforming Pensions Pdf/ePub eBook Author: Nicholas Barr,Peter Diamond
Editor: Oxford University Press
ISBN: 9780199741977
FileSize: 487kb
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Reforming Pensions by Nicholas Barr,Peter Diamond Summary

Mandatory pensions are a worldwide phenomenon. However, with fixed contribution rates, monthly benefits, and retirement ages, pension systems are not consistent with three long-run trends: declining mortality, declining fertility, and earlier retirement. Many systems need reform. This book gives an extensive nontechnical explanation of the economics of pension design. The theoretical arguments have three elements: * Pension systems have multiple objectives--consumption smoothing, insurance, poverty relief, and redistribution. Good policy needs to bear them all in mind. * Good analysis should be framed in a second-best context-- simple economic models are a bad guide to policy design in a world with imperfect information and decision-making, incomplete markets and taxation. * Any choice of pension system has risk-sharing and distributional consequences, which the book recognizes explicitly. Barr and Diamond's analysis includes labor markets, capital markets, risk sharing, and gender and family, with comparison of PAYG and funded systems, recognizing that the suitable level of funding differs by country. Alongside the economic principles of good design, policy must also take account of a country's capacity to implement the system. Thus the theoretical analysis is complemented by discussion of implementation, and of experiences, both good and bad, in many countries, with particular attention to Chile and China.

Good Economics for Hard Times

Good Economics for Hard Times Pdf/ePub eBook Author: Abhijit V. Banerjee,Esther Duflo
Editor: PublicAffairs
ISBN: 1541762878
FileSize: 1506kb
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Good Economics for Hard Times by Abhijit V. Banerjee,Esther Duflo Summary

The winners of the Nobel Prize show how economics, when done right, can help us solve the thorniest social and political problems of our day. Figuring out how to deal with today's critical economic problems is perhaps the great challenge of our time. Much greater than space travel or perhaps even the next revolutionary medical breakthrough, what is at stake is the whole idea of the good life as we have known it. Immigration and inequality, globalization and technological disruption, slowing growth and accelerating climate change--these are sources of great anxiety across the world, from New Delhi and Dakar to Paris and Washington, DC. The resources to address these challenges are there--what we lack are ideas that will help us jump the wall of disagreement and distrust that divides us. If we succeed, history will remember our era with gratitude; if we fail, the potential losses are incalculable. In this revolutionary book, renowned MIT economists Abhijit V. Banerjee and Esther Duflo take on this challenge, building on cutting-edge research in economics explained with lucidity and grace. Original, provocative, and urgent, Good Economics for Hard Times makes a persuasive case for an intelligent interventionism and a society built on compassion and respect. It is an extraordinary achievement, one that shines a light to help us appreciate and understand our precariously balanced world.

The Principles of Political Economy and Taxation

The Principles of Political Economy and Taxation Pdf/ePub eBook Author: David Ricardo
Editor: Courier Corporation
ISBN: 0486147916
FileSize: 667kb
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The Principles of Political Economy and Taxation by David Ricardo Summary

DIVThis landmark treatise formulated the principles behind the market economy. Its foundation of the tenets of diminishing returns and economic rent led to the doctrines of distribution theory and international trade theory. /div

Business Economics, Microeconomic Analysis 13e

Business Economics, Microeconomic Analysis 13e Pdf/ePub eBook Author: Ahuja H.L.
Editor: S. Chand Publishing
ISBN: 9352837363
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Business Economics, Microeconomic Analysis 13e by Ahuja H.L. Summary

This edition is specially revised to cater to the changed syllabi requirements of business economics as per UGC model curriculum, and in the light of the new UGC's Choice Based Credit System (CBCS) syllabus for B.Com and B.Com (Hons.). The book is a recommended text by UGC in its model curriculum.

The Basic Economic System of China

The Basic Economic System of China Pdf/ePub eBook Author: Changhong Pei,Chunxue Yang,Xinming Yang
Editor: Springer
ISBN: 9811368953
FileSize: 355kb
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The Basic Economic System of China by Changhong Pei,Chunxue Yang,Xinming Yang Summary

This book uses facts and data to prove that socialist public sectors are still in a predominant position in China. Based on previous research and studies, a set of methods for measuring the structure of public or non-public owned economy is offered in this book. As is remarked by the authors, China’s basic economic system, namely the system with the public sector remaining dominant and diverse sectors of the economy developing side by side, represents an efficient approach towards mutual benefit, common prosperity and peaceful co-existence.

Production Economics

Production Economics Pdf/ePub eBook Author: Svend Rasmussen
Editor: Springer Science & Business Media
ISBN: 3642302009
FileSize: 515kb
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Production Economics by Svend Rasmussen Summary

This book covers the basic theory of how, what and when firms should produce to maximise profits. Based on the neoclassical theory of the firm presented in most general microeconomic textbooks, it extends the general treatment and focuses on the application of the theory to specific problems that the firm faces when making production decisions to maximise profits. Increasing level of government regulation and the use of specialised and often very expensive equipment in modern production motivates the following focus areas: 1) How to optimise production under restrictions., 2) Treatment of fixed inputs and the process of input fixation, 3) Optimisation of production over time, 4) Linear and Mixed Integer Programming as tools for optimisation in practice. This updated second edition includes a more comprehensive introduction to the theory of decision making under risk and uncertainty as well as a new chapter on how to use linear programming to generate the supply function of the firm.

Introductory Economics

Introductory Economics Pdf/ePub eBook Author: John Wilbur Baer
Editor: Xlibris Corporation
ISBN: 1483664473
FileSize: 1399kb
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Introductory Economics by John Wilbur Baer Summary

Introductory Economics is written for the curious reader who is trying to follow the often-contradictory economic explanations found in many public controversies. The book uses very few of the mathematical formulas and graphs found in most economic textbooks. The book approaches the science or discipline of economics through concepts frowned in related disciplines. Topics covered are concepts from accounting, management science, physics, and the social sciences. Special emphasis is put on the theoretical and actual operations of market capitalism and state capitalism. The book ends with a study of the cooperation and the competition between American financial capitalism and the Chinese totalitarian state capitalism. John Baer

Rediscovering Fire

Rediscovering Fire Pdf/ePub eBook Author: Guinevere Liberty Nell
Editor: Algora Publishing
ISBN: 0875867499
FileSize: 412kb
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Rediscovering Fire by Guinevere Liberty Nell Summary

In this book, Guinevere Liberty Nell visits this historical laboratory of social science to study the lessons in basic economics that it teaches. Nell observes that the founders of the Soviet experiment, Lenin and other Bolshevik leaders, wrote volumes of articles and books on Marxist theory and then proceeded to enact the very policies that they promised. Therefore the Soviet experiment provides an ideal lens through which to view the consequences of various interpretations of economic theories and Marxist theories. However, despite the wealth of information available on the Soviet experiment, few writers have closely analyzed this historical process and what lessons it might offer for market economies. In this book, Nell carefully considers Soviet theory and practice, and draws out the lessons that Soviet planners learned. Each chapter considers one theory; the experience in the Soviet Union of policies based on this theory, and the reforms that planners implemented as the system evolved as well as in response to changes in the local and international conditions; and the lessons for market economies that this experience offers. Nell's lessons capture the dynamic nature of the economy and illustrate insights from the debate between socialists and Austrian economists. They should be useful and informative not only for readers interested in basic economics, but also for economists interested in heterodox approaches to economic modeling and theory, as well as for the citizen interested in rethinking the assumptions underlying mainstream policy debates.

Essentials of Business Economics

Essentials of Business Economics Pdf/ePub eBook Author: D.N. Dwivedi
Editor: Vikas Publishing House
ISBN: 8125924000
FileSize: 1141kb
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Essentials of Business Economics by D.N. Dwivedi Summary

There Has Been A Rapidly Growing Demand For Professional Managerial Manpower Over The Past Two Decades, As A Result Of Which Most Indian Universities And Management Institutes Had To Introduce Degree And Diploma Courses Right At The Undergraduate Level, With Business Economics As A Separate Paper. To Meet The Requirement Of The Students Who Take On Economics For Business For The First Time, The Subject Matter Needs To Be Within Their Comprehension Level That At The Same Time Lays A Strong Foundation. This Book Meets This Requirement By Presenting A Short, Simpler And Restructured Version Of The Author S Popular Book Managerial Economics. The Book Is As Per The Model Syllabus Of Business Economics Recommended By The Ugc For Bba Students, With Additional Topics For The Sake Of Completeness And To Cover The Syllabi Of A Large Number Of Universities. The Book Also Caters To Bbe, B Com, And Pgdbm Courses Run By The Indian Universities And Management Institutes. The Book Differs From The Author S Managerial Economics In Its Scope Of The Subject Matter And The Level Of Analytical Treatment, Inasmuch As Here Only The Microeconomic Aspects Of Managerial Economics Are Covered.

The Economics Of Environmental And Natural Resources Policy

The Economics Of Environmental And Natural Resources Policy Pdf/ePub eBook Author: J. A. Butlin
Editor: Routledge
ISBN: 1000316181
FileSize: 1574kb
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The Economics Of Environmental And Natural Resources Policy by J. A. Butlin Summary

The purpose of this collection of readings is to aid the student taking a course in environmental economics to place the issues in perspective. The text is designed for an undergraduate audience, and those readings that have appeared elsewhere have, with the permission of the holders of the copyright, been suitably abridged for this purpose. The book is designed to be used in conjunction with a conventional text on environmental economics or as an adjunct to a comprehensive series of lectures in environmental and natural resource economics.

International Economics II

International Economics II Pdf/ePub eBook Author: Giancarlo Gandolfo
Editor: Springer Science & Business Media
ISBN: 3662079798
FileSize: 384kb
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International Economics II by Giancarlo Gandolfo Summary

There is no lack of good international economics textbooks ranging from the elementary to the advanced, so that an additional drop in this ocean calls for an explanation. In the present writer's opinion, there seems still to be room for a textbook which can be used in both undergraduate and graduate courses, and which contains a wide range of topics, including those usually omitted from other textbooks. These are the intentions behind the present book, which is an outcrop from undergraduate and graduate courses in international economics that the author has been holding at the University of Rome since 1974, and from his on going research work in this field. Accordingly the work is organized as two-books in-one by distributing the material between text and appendices. The treatment in the body of this book is directed to undergraduate students and is mainly confined to graphic analysis and to some elementary algebra, but it is assumed that the reader will have a good knowledge of basic microeconomics and macroeconomics (so that the usual review material on production functions, indifference curves, standard Keynesian model, etc. , etc. has been omitted) . Each chapter is followed by an appendix in which the treatment is mainly mathematical, and where (i) the topics explained in the text are treated at a level suitable for advanced undergraduate or first-year graduate students and (ii) generalizations and/or topics not treated in the text (including some of those at the frontiers of research) are formally examined.

Sports Economics Uncut

Sports Economics Uncut Pdf/ePub eBook Author: Brian Goff
Editor: Edward Elgar Publishing
ISBN: 1788118731
FileSize: 1309kb
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Sports Economics Uncut by Brian Goff Summary

“Sport has the power to change the world.” Sports Economics Uncut expresses this insight from Nelson Mandela, exploring sports as a fascinating mirror of the world and a powerful agent of change. In it, Brian Goff covers subjects ranging from the ebb and flow of racial discrimination, to inequality, law enforcement, managers and risky decisions, club membership, and politics. Much more than merely a review or synthesis, this book extends existing perspectives and explores provocative questions such as: how systematic is racial bias in pro sports today? Is all racial segregation in sports due to racial bias? How much are college athletes really worth, and is league parity really optimal?

Improving Our Standard of Living: The Science, Politics, and Economics of Global Betterment

Improving Our Standard of Living: The Science, Politics, and Economics of Global Betterment Pdf/ePub eBook Author: Wesley Krug
Editor: Lulu Press, Inc
ISBN: 1387026070
FileSize: 1785kb
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Improving Our Standard of Living: The Science, Politics, and Economics of Global Betterment by Wesley Krug Summary

This book is about how to reduce poverty and improve global living standards. Topics include economic growth, income inequality, corruption, sustainable development, and more. Here are some questions answered throughout: Which nations have the best living standards? Has capitalism failed? What caused the decline of the middle class in some nations like the US and UK, but not in others like Switzerland and the Nordic countries? Why is economic growth slowing in developed countries? Why is our tax system so complicated and full of loopholes? What can we do about it? Should we raise taxes on the rich? How high should the minimum wage be? Can we grow the economy without harming the environment? How do we speed up the transition to renewable energy? How do we grow food sustainably? What do we do about dwindling resources? How high can the debt go? What is the cause of corruption? Is the world getting better or worse? Will robots take our jobs? Can we cure aging? Should we?