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Economic Naturalist In Search of Explanations for Everyday Enigmas

by Robert H Frank
Economic Naturalist In Search of Explanations for Everyday Enigmas

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  • Synopses & Reviews

ISBN13: 9780465003570
ISBN10: 0465003575
Condition: Standard


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Synopses & Reviews

Publisher Comments

Why do the keypads on drive-up cash machines have Braille dots? Why are round-trip fares from Orlando to Kansas City higher than those from Kansas City to Orlando? For decades, Robert Frank has been asking his economics students to pose and answer questions like these as a way of learning how economic principles operate in the real world-which they do everywhere, all the time. Once you learn to think like an economist, all kinds of puzzling observations start to make sense. Drive-up ATM keypads have Braille dots because its cheaper to make the same machine for both drive-up and walk-up locations. Travelers from Kansas City to Orlando pay less because they are usually price-sensitive tourists with many choices of destination, whereas travelers originating from Orlando typically choose Kansas City for specific family or business reasons. The Economic Naturalist employs basic economic principles to answer scores of intriguing questions from everyday life, and, along the way, introduces key ideas such as the cost-benefit principle, the “no cash on the table” principle, and the law of one price. This is as delightful and painless a way to learn fundamental economics as there is.

Synopsis

Distinguished economist Robert Frank uses hundreds of fascinating, unexpected examples of everyday paradoxes to explain the economics of the everyday world

About the Author

Robert H. Frank is the Henrietta Johnson Louis Professor of Management and Professor of Economics at Cornell Universitys Johnson Graduate School of Management. His “Economic Scene” column appears monthly in the New York Times. His previous books include The Winner-Take-All Society (with Philip Cook), Luxury Fever, and Principles of Economics (with Ben Bernanke). Franks many awards include the Apple Distinguished Teaching Award and the Leontief Prize for Advancing the Frontiers of Economic Thought. He lives in Ithaca, New York.

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Product Details

ISBN:
9780465003570
Binding:
Trade Paperback
Publication date:
04/01/2008
Publisher:
BASIC BOOKS
Pages:
240
Height:
.66IN
Width:
5.42IN
Thickness:
.75
Number of Units:
1
Illustration:
Yes
Copyright Year:
2008
Author:
Robert H. Frank
Author:
Robert Frank
Author:
Robert H Frank
Author:
Robert H. Frank
Author:
Robert H. Frank
Author:
Robert H. Frank
Author:
Robert H. Frank

Ships free on qualified orders.
Add to Cart
$8.95
List Price:$22.99
Used Trade Paperback
Ships in 1 to 3 days
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QtyStore
1Burnside

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