Economics Private and Public Choice
  • Author : James D Gwartney
  • Release Date : 11 September 2013
  • Publisher : Elsevier
  • Genre : Business & Economics
  • Pages : 678
  • ISBN 13 : 9781483264301
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Economics Private and Public Choice Book Summary

Economics: Private and Public Choice is an aid for students and general readers to develop a sound economic reasoning. The book discusses several ways to economic thinking including six guideposts as follows: (i) scarce goods have costs; (ii) Decision-makers economize in their choices; (iii) Incentives are important; (iv) Decision-makers are dependent on information scarcity; (v) Economic actions can have secondary effects; and (vi) Economic thinking is scientific. The book explains the Keynesian view of money, employment, and inflation, as well as the monetarist view on the proper macropolicy, business cycle, and inflation. The book also discusses consumer decision making, the elasticity of demand, and how income influences demand. The text analyzes costs and producer decisions, the firm under pure competition, and how a competitive model functions. The book explains monopoly, and also considers the high barriers that prevent entry such as legal barriers, economies of scale, and control over important resources. The author also presents comparative economic systems such as capitalism and socialism. This book can prove useful for students and professors in economics, as well as general readers whose works are related to public service and planning in the area of economic development.

Economics Private and Public Choice

Economics Private and Public Choice

Author : James D Gwartney
Publisher : Elsevier
Genre : Business & Economics
Total View : 4881 Views
File Size : 54,7 Mb
Get Book

Economics: Private and Public Choice is an aid for students and general readers to develop a sound economic reasoning. The book discusses several ways to economic thinking including six guideposts as follows: (i) scarce goods have costs; (ii) Decision-makers economize in their choices; (iii) Incentives are important; (iv) Decision-makers are ...

Economics Coursebook

Economics Coursebook

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Publisher : South-Western Pub
Genre : Business & Economics
Total View : 3589 Views
File Size : 54,6 Mb
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...

Economics  Private and Public Choice

Economics Private and Public Choice

Author : James D. Gwartney,Richard L. Stroup,Russell S. Sobel,David A. Macpherson
Publisher : Cengage Learning
Genre : Business & Economics
Total View : 4802 Views
File Size : 45,8 Mb
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Readers learn how to apply economic concepts to the world around them as ECONOMICS: PRIVATE AND PUBLIC CHOICE, 16E reflects current economic conditions. This highly readable, up-to-date book analyzes and explains measures of economic activity in today’s market. It also highlights the recession of 2008-2009 and takes an in-depth ...

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Publisher : Edward Elgar Publishing
Genre : Political Science
Total View : 7257 Views
File Size : 45,9 Mb
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'. . . this compendium offers a solid introduction into an economic field that is gaining in influence.' – Detmar Doering, Frankfurter Allgemeine Zeitung 'The first essay in this volume, "Public Choice at the Millennium," by the two editors, sets a high standard for all the essays to follow. . . The essay takes us ...

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Author : Dennis C. Mueller,Professor of Economics Dennis C Mueller
Publisher : Cambridge University Press
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This five-part volume surveys the main ideas and contributions to the field of public choice....

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Publisher : West Academic Publishing
Genre : Uncategorized
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File Size : 48,8 Mb
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This accessible volume integrates wide-ranging economic methodologies with a vast array of legal subjects. Coverage includes the first-year law school curriculum along with institutions and doctrines comprising the core foundation of upper level legal study. Dedicated chapters introduce neoclassical economics, interest group theory, social choice, and game theory, and the ...

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Publisher : St. Martin's Press
Genre : Business & Economics
Total View : 2644 Views
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With the global economy recovering from a steep recession, and with that recovery challenging our long-held ideas about what careers and the market can be, learning the basics of economics has never been more essential. Principles such as gains from trade, the role of profit and loss, and the secondary ...

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Author : Fred E. Foldvary
Publisher : Edward Elgar Pub
Genre : Business & Economics
Total View : 7400 Views
File Size : 45,6 Mb
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Louis, are in fact financing their own public goods and services in accordance with this theory. For such communities to rise and prosper, the author contends, government must eliminate zoning and many other restrictions, as well as the taxation of private services....