Synopses & Reviews
A superb supplement to economic learning, The Economics of Public Issues features short chapters that provide application of economics to current issues in everyday life. The authors examine the principles of economic analysis; supply and demand; market structures; and labor and human capital, to contemporary issues such as "killer airbags", bankrupt landlords, merger mania, and the effects of the minimum wage. Now in its Eleventh Edition, this always-topical text continues to inform and elucidate.
Table of Contents
pt. 1.Foundations of economic analysis:ch. 1.Killer airbags --ch. 2.Terrible trade-off --ch. 3.Flying the friendly skies? --ch. 4.Choosing crime --pt. 2.Supply and demand:ch. 5.Sex, booze, and drugs --ch. 6.Is water different? --ch. 7.Rationing health care --ch. 8.Choice and life --ch. 9.Bankrupt landlords, from sea to shining sea --ch. 10.Getting scalped --pt. 3.Market structures:ch. 11.Pure competition on Wall Street --ch. 12.Contracts, combinations, and conspiracies --ch. 13.Merger mania --ch. 14.Keeping the competition out --ch. 15.Coffee, tea, or tuition-free? --pt. 4.Labor and human capital:ch. 16.Economic returns to education --ch. 17.Tired, poor, huddled masses --ch. 18.Disposable workers --ch. 19.Million dollar men --ch. 20.Effects of the minimum wage --pt. 5.Political economy:ch. 21.Foreign or domestic? Ask a bureaucrat --ch. 22.Education and choice --ch. 23.Crime and punishment --ch. 24.Graying of America --ch. 25.Inner city high finance --pt. 6.Externalities and the environment:ch. 26.Trashman cometh --ch. 27.Bye, bye, bison --ch. 28.Smog merchants --ch. 29.Greenhouse economics --pt. 7.International scene:ch. 30.Benefits of free trade --ch. 31.Opposition to free trade --ch. 32.$750,000 job.