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The New World of Economics : A Remake of a Classic for New Generations of Economics Students / by Richard B. McKenzie, Gordon Tullock.

EBSCOhost Academic eBook Collection (North America) Available online

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Format:
Book
Author/Creator:
McKenzie, Richard B., Author.
Tullock, Gordon, Author.
Language:
English
Subjects (All):
Economics.
Management science.
Microeconomics.
Social policy.
Economics, general.
Social Policy.
Local Subjects:
Economics, general.
Microeconomics.
Social Policy.
Physical Description:
1 online resource (561 p.)
Edition:
6th ed. 2012.
Place of Publication:
Berlin, Heidelberg : Springer Berlin Heidelberg : Imprint: Springer, 2012.
Language Note:
English
Summary:
The New World of Economics, 6th edition, by Richard McKenzie and Gordon Tullock, represents a revival of a classic text that, when it was first published, changed substantially the way economics would be taught at the introductory and advanced levels of economics for all time. In a very real sense, many contemporary general-audience economics books that seek to apply the “economic way of thinking” to an unbounded array of social issues have grown out of the disciplinary tradition established by earlier editions of The New World of Economics. This new edition of The New World will expose new generations of economics students to how McKenzie and Tullock have applied in a lucid manner a relatively small number of economic concepts and principles to a cluster of topics that have been in the book from its first release and to a larger number of topics that are new to this edition, with the focus of the new topics on showing students how economic thinking can be applied to business decision making. This edition continues the book’s tradition of taking contrarian stances on important economic issues. Economics professors have long reported that The New World is a rare book in that students will read it without being required to do so.
Contents:
Part I - The New World of Economic Thinking: Economic Thinking
Anything Worth Doing Is Not Necessarily Worth Doing Well
Maslow’s Hierarchy of Needs—And Economist’s Demand
Part II -The New World of Market Economics: Price and the “Law of Unintended Consequences”.- Pricing Lemons, Views, and University Housing
Markets and More Markets
Part III - The New World of Personal Economics: Marriage, Family, and Divorce
Sexual Behavior
Exploitation of Affection
Dying: The Most Economical Way to Go!
Cheating and Lying
Fat Economics
Part IV - The New World of Pricing Strategies: Why Sales
Why Popcorn Costs So Much at the Movies
Why So Many Coupons
Why Some Goods Are Free
The Question of Queues
Part V - The New World of College and University Education: The University Economy
The Economics of Learning
Does the NCAA Exploit College Athletes?
Why Professors Have Tenure and Business People Don’t
Part VI - The New World of Contrarian Economics: Public Choice Economics
In Defense of Monopoly: Behavioral Economics
Behavioral Economics
Problems with Behavioral Economics
Why Men Earn More on Average than Women—And Always Will.
Notes:
Description based upon print version of record.
Includes bibliographical references (p. 525-550) and index.
ISBN:
3-642-27364-5
OCLC:
801364257

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