Econversations Today's Students Discuss Today's Issues

ISBN-10: 0132544660
ISBN-13: 9780132544665
Edition: 2013 (Revised)
List price: $25.99
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Description: Student’s burning questions about the economy, tied together in a discussion-provoking text. Econversations: Today's Students Discuss Today's Issues–a book for students, by students–contains short chapters, covering the topics you’d find in the  More...

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Book details

List price: $25.99
Copyright year: 2013
Publisher: Pearson Education, Limited
Publication date: 7/16/2012
Binding: Paperback
Pages: 168
Size: 6.00" wide x 9.00" long x 0.25" tall
Weight: 0.682
Language: English

Student’s burning questions about the economy, tied together in a discussion-provoking text. Econversations: Today's Students Discuss Today's Issues–a book for students, by students–contains short chapters, covering the topics you’d find in the average economics principles textbook. These topics, however, are approached from a more accessible perspective–the perspective of students themselves. The goal of this text is to spark interest in these topics and start conversations that will unearth new solutions to old problems, helping readers see they really can make a difference in the world of economics.

Student Foreword
Instructor Foreword
A Note to Instructors: Suggestions for Use
Acknowledgments
About the Authors
About the Editor
Live Together, Die Alone: Competition, Cooperation, and International Trade
Chapter Highlights
Gains from Trade
Competition
Protectionism
The Law of Comparative Advantage
Rumble in the Bronx
Change
Isolation Nation
Read On/Join Up
Questions for Discussion
The War on the Economy: Stimulus Spending and Job "Creation"
Chapter Highlights
Opportunity Cost
Economic Stimulus
Business Cycles
Gross Domestic Product
The Keynesian Multiplier
Maynard City: Where Destruction Brings Prosperity
Jobs, Baby, Jobs!
World War II: The Great Employment Program
Read On/Join Up
Questions for Discussion
(Don't) Give Us Your Tired, Your Poor ...: Labor Migration in the Land of the Free and Beyond
Chapter Highlights
Immigrations Policy
Economic Growth
Unemployment
Aggregate Demand and Supply
Marginal Revenue Product of Labor
Spain's Big Idea
Pizza and the Economy
Everybody ♥ NY
Immigration Is the Sincerest Form of Flattery
People Are Not the Problem
Read On/Join Up
Questions for Discussion
Profits in the Political Marketplace: Is Government Regulation the Secret to Competitive Success?
Chapter Highlights
Competitive Strategy
Product Differentiation
Public Choice Theory
Antitrust
Rent Seeking
Shopping at the Political Marketplace
Ignorance Is Bliss Rational (Sometimes)
The In Crowd
Got Milk?
Some Better Advice
Read On/Join Up
Questions for Discussion
The $1,200 Sticks: Supply, Demand, and the Economics of Prohibition
Chapter Highlights
Externalities
Laws of Supply and Demand
Price Elasticity of Demand and Expenditure
Rational Choice
The Law of Unintended Consequences
It's Good to Be a Gangsta
Tradeoffs and Spillovers
The Real Fairy Tale
The More Things Change...
Read On/Join Up
Questions for Discussion
All You Can Eat: Demand and Supply at the Healthcare Buffet
Chapter Highlights
Marginal Benefits and Costs
Health Economics
Moral Hazard
Adverse Selection
The Samaritan's Dilemma
The Systems of Our Neighbors
Healthcare Quality and Access in America
The French Connection
People Making Bad Decisions
"Free" Lunches and Behavior
People Are like Porsches-or Hondas
The Patient Protection and Affordable Care Act
A Separate Issue
Read On/Join Up
Questions for Discussion
Green Is the New Black: Environmental Problems and Policy
Chapter Highlights
The Tragedy of the Commons
The Coase Theorem
Negative and Positive Externalities
Environmental Regulation
Cost-Benefit Analysis
The World Cafeteria
Everything Costs Something
Costs Are Never Irrelevant
One Size Does Not Fit All
Ideas Have Consequences-and Side Effects
Green Jobs: The Key that Unlocks All?
The Power of Profit
Getting Beyond Fear and Fashion
Read On/Join Up
Questions for Discussion
Santa, Inc.: Firm Decisions and the Pursuit of Profit
Chapter Highlights
Profit (Economic vs. Accounting)
Predatory Pricing
Monopoly
Scale Economies and Diseconomies
Price Fixing
Mom-and-Pop Shops
The Song Remains the Same
Cheaper, Faster, Better, Bigger
Risky Business
Overlooked Benefits
Read On/Join Up
Questions for Discussion
Spiking the Punch: Financial Markets, Principals, Agents, and Moral Hazard
Chapter Highlights
Financial Markets
Interest Rates and Risk
Principal-Agent Problems
Incentives
Moral Hazard
The Wonders of Wall Street
The Secondary Market
Paper Pushers
"Wall Street Got Drunk"
It's Not that I'm Lazy ...
'Who Spiked the Punch?
Freddie, Fannie, and Not-Very-Secure Securities
Sobering Up
Read On/Join Up
Questions for Discussion
Stairway to ... Sweatshops?: What Foreign Factories Mean for You, Me, and the Developing World
Chapter Highlights
Market Competition
Outsourcing
Economic Development
Costs and Production
Fair Trade
How to Make Cheap Stuff
An "Alternative" View of Sweatshops
Step Right up to Development
Buy Mexican
Read On/Joint Up
Questions for Discussion
Why Men Love Tools: Poverty at the Personal and National Levels
Chapter Highlights
Poverty Threshold/Poverty Rate
Investment
Physical Capital
Human Capital
Economic Freedom and Growth
It's All Relative ... Except When It's Absolute
Pain Meds for a Broken Bone
Personal Investing 101
Change Comes from Within
The (Only) Simple Solution
Let's Not Get Ahead of Ourselves
Read On/Join Up
Questions for Discussion
Land of the Free: Regulation, Redistribution, and Rights
Chapter Highlights
Tradeoffs
Optimization vs. Maximization
Equity vs. Efficiency
Income Redistribution
Insurance
Bargain Hunters
The Big (X-ray) Picture
Homerun!
The "Moral" of the Story
Read On/Join Up
Questions for Discussion
Index

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