Book Description
Why is the standard of living in some countries so much higher than in others? Why does unemployment sometimes rise sharply in a short time and what can governments do about it? When, if ever, should governments borrow to finance spending? Written with a strong global business focus, Miles and Scott’s
Macroeconomics and the Global Business Environment, Second Edition examines fascinating, real-world economic issues, shows why these issues matter, and uses them as an entry point into advanced economic theory. Throughout, the authors present technical material clearly and accessibly, allowing you to develop a solid understanding of the global economy and how economists think about it.
Customer Reviews:
Great transaction!.......2005-09-26
Shipped book in promised condition! excellent! would definitely interact with again! :) thank you again!
Fast shippment.......2004-08-25
The shippment was excellent. I received the book 5 days after I palced my order!
Yet Another Economics Book!.......2004-07-26
This is a good book, designed for students wanting to understand macroeconomics without previous knowledge of the subject matter. However, it addresses advanced topics in an attractive style.
After reading every chapter you will be able to grasp the concept behind the text. However in some chapters you may need to make extra research for you to be able to formulate an understanding of the concept and eventually you may need some case studies that explain the economic implications of the inherent results.
Not Bad, But A Little Difficult.......2003-11-06
Miles and Scott's explanation of some concepts is quite convoluted. Students new to economics will find this text difficult. I recommend the Gans, King, and Mankiw macroeconomics textbook, which is more readable, more colorful, and more enjoyable. I am also looking forward to my lecturer's new textbook.
Definitely worth getting for MBA students and World Leaders!.......2001-08-17
A great insight into how world economics really works. It's easy to read with examples and diagrams that really help you understand why people behave economically the way they do. To add to this, Andrew Scott is one of the best lecturers to have worked at London Business School.
This text should be compulsory for all World Leaders!
Book Description
Economists assume that people make choices based on their preferences and their budget constraints. The preferences and values of others play no role in the standard economic model. This feature has been sharply criticized by other social scientists, who believe that the choices people make are also conditioned by social and cultural forces. Economists, meanwhile, are not satisfied with standard sociological and anthropological concepts and explanations because they are not embedded in a testable, analytic framework.
In this book, Gary Becker and Kevin Murphy provide such a framework by including the social environment along with standard goods and services in their utility functions. These extended utility functions provide a way of analyzing how changes in the social environment affect people's choices and behaviors. More important, they also provide a way of analyzing how the social environment itself is determined by the interactions of individuals.
Using this approach, the authors are able to explain many puzzling phenomena, including patterns of drug use, how love affects marriage patterns, neighborhood segregation, the prices of fine art and other collectibles, the social side of trademarks, the rise and fall of fads and fashions, and the distribution of income and status.
Customer Reviews:
Reads like a textbook -- Advanced knowledge required.......2004-10-20
This book assumes much prior economic knowledge on the part of the reader. If you are looking for an intuitive, digestable text that highlights the relationships between social and market forces... THIS IS NOT IT.
Becker's ideas, though compelling, are often lost in the academic murk of sophisticated formulas and equation analysis. For example, the first three pages of the opening chapter talk extensively about derivatives of utility functions as they relate to social capital. It felt like I was back in calculus or finance class. This book reads like a textbook. I don't recommend it for anyone with less than an intermediate, working understanding of economic theory.
Read this book!.......2002-12-07
Gary S. Becker and Kevin M. Murphy explore the market behavior in a social environment most magnificiently in this book. The insight that I have gained through reading this book cannot be measured by a mere mortal. Furthermore, it astounds me that the sales rank for this book is 72,711, when on my bookshelf it is number 1! This is a must buy for anyone, even if you have no prior knowledge of economics.
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Agriculture and the New Trade Agenda: Creating a Global Trading Environment for Development
Manufacturer: Cambridge University Press
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ASIN: 0521826853 |
Book Description
This collection of essays provides the definitive survey of the importance of agricultural reform to the future of the world's trading system. There is growing consensus concerning the need to reduce the level of subsidies in agriculture and to open up the markets of the developed world more to the farmers of the developing world. However, while non-governmental organizations such as Oxfam may agree on this point with free trade economists, governments in Europe and the U.S. seem reluctant to give up their protectionist habits.
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- Accessible information on "Greening" the NIPA
|
Nature's Numbers: Expanding the National Economic Accounts to Include the Environment
Panel on Integrated Environmental and Economic Accounting , and
National Research Council
Manufacturer: National Academies Press
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Binding: Hardcover
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ASIN: 0309071518 |
Customer Reviews:
Accessible information on "Greening" the NIPA.......2004-07-01
Nature's numbers is the work of the Panel on Integrated Environmental and Economic Accounting chaired by William Nordhaus (Economist) to "address the question of whether the U.S. National Income and Product Accounts (NIPA) should be broadened to include activities involving natural resources and the environment" p.1.
The book has five sections, the Introduction, a brief history of NIPA and its application to the environment, accounting for subsoil mineral resources, accounting for renewable and environmental resources and an overall appraisal. It also includes useful appendices giving data sources, mathematical formulae for forestry accounting and an explanation of the Output-sustainability correspondence principle.
This book is very accessible, and requires only minimal familiarity with national income accounting, and environmental economics. Chapter 1 is a short history of national income accounts. Chapter 2 discusses the deficiencies of the traditional measures and how economists are trying to incorporate non-economic forms of capital into the accounting framework. Chapter 3 is a brief discussion of how to account for subsoil minerals and what the current problems are that face those who try to measure these resources, not only measurement problems, but conceptual as well, such as appropriate discount rates when valuing mineral stocks. Chapter 4 discusses renewable and environmental resources focusing on forests and air quality; again the authors discuss the valuation issues both within the U.S (B.E.A) and also overseas. The final chapter deals with recommendations from the panel about what the B.E.A should do, and not surprisingly requests extra funding for the B.E.A to carry out this task. Among the other recommendations, the panel suggests that the B.E.A should work on a comprehensive set of accounts rather than the staged-approach that it had previously followed till it was ordered to cease work on its task.
Those who would find this book useful are mostly students of economics and/or the environment. It is quite informative and gives the flavor of what it is those involved in the collection, interpretation and distribution of statistics are involved in. There is not much math (for the math averse) and whatever math is involved is in the Appendix.
Average customer rating:
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Applying Economics to the Environment
Clifford S. Russell
Manufacturer: Oxford University Press, USA
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Economics of Natural Resources and the Environment
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Resource Economics
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Wetlands
ASIN: 019512684X |
Book Description
Applying Economics to the Environment is distinguished from other books on environmental economics by its breadth of coverage and its in-depth discussions of several key topics. The book's broad scope includes a chapter on how models of the natural world interact with economic models in ways that are central to the conclusions economists reach. It devotes a chapter to contingent valuation, currently the hottest topic in the field. It also contains a chapter on monitoring and enforcement, a topic often completely ignored but central to considerations of instrument choice. In addition, the final four chapters deal with the special problems of developing countries and the environment, both their own and our shared global systems. In terms of depth, the book's discussion of contingent valuation and related "direct" damage or benefit estimation techniques is unmatched outside the specialist literature. Its coverage of the choices available among policy instruments goes far beyond the usual simple discussions contrasting what is misleadingly known as "command control" with so-called economic or market-based instruments. This coverage reveals the complexity of the choice and the range of alternatives available. It also presents several of the newer ideas, in particular the use of publicly available information as a tool of environmental policy. Applying Economics to the Environment is intended to serve a dual market of upper-level college course programs in environmental economics as well as engineering and public policy courses that focus on the environment. The book can also provide an enlightening perspective for practicing professionals. Because the text includes a relatively sophisticated presentation of economic analysis, the author includes a full-chapter review of relevant microeconomic concepts. Some other features that further distinguish this book from currently available titles on the subject are: an introduction to the history of environmental policy and legislation; a comparison of approaches to the uncertain choice between development and preservation; and an example of regional cost benefit analysis.
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The Philippines: In Search of Justice (Oxfam Country Profiles Series)
Charlie Pye-Smith
Manufacturer: Oxfam Publishing
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Binding: Paperback
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ASIN: 0855983671 |
Book Description
This new profile describes a country at a cross-roads. Although burdened with a huge mountain of debt, as a legacy from the corrupt and inefficient government of President Marcos, the Philippines seems poised to emulate the example of the neighbouring South Asian tiger economies. But there will be many Filipinos who will not share in any increased prosperity that might result, in particular the indigenous inhabitants of the region, whose life-style is dependent on the rapidly disappearing forests. This book explains how they are making efforts to secure land rights and more control over the resources they need. Also featured are the many fishing communities of the islands, whose livelihoods are being destroyed by international factory-fleets, and who are also struggling to survive.
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Constitutional Environments and Economic Growth
Gerald W. Scully
Manufacturer: Princeton Univ Pr
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ASIN: 0691042616 |
Book Description
In this provocative work, Gerald Scully develops and empirically tests a theory about how a nation's constitutional setting affects its economic growth. Modern growth theory links the rise in the standard of living to capital formation, both physical and human, and to technological progress, and development economists continue to believe that the transformation of the less developed world cannot occur without massive government control of the economy. Scully, on the other hand, maintains that material advancement is as much affected by the choice of the economic, legal, and political institutions under which people live and work as it is by resource endowment and technological progress. Nothing in the neoclassical theory of growth considers the "rules of the game" under which capital is accumulated and innovation is made. Redressing this neglect, Scully proposes ways of measuring the economic, civil, and political freedom within a society's institutional framework, and he reveals that freedom, or the lack thereof, powerfully and demonstrably influences not only economic progress but also income distribution. Politically open societies grow at nearly three times the rate of those where freedom is more circumscribed, and they also have a more equitable distribution of income. Finally, Scully measures the effect of the size of the state on economic progress, showing that the larger the amount of government expenditures out of gross domestic product, the lower the rate of economic progress.
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Air and Water Pollution Regulation: Accomplishments and Economic Consequences
Martin Freedman , and
Bikki Jaggi
Manufacturer: Quorum Books
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ASIN: 0899307213 |
Book Description
This book tells the story of the polution-related activities of companies from the pulp and paper and electric utility industries. The authors trace the development of air and water pollution regulations, analyze pollution data obtained from the EPA offices filed by the companies, and examine the impact of companies' pollution performance on their economic performance. Specifically, the book conducts a comparative analysis of pollution performance of the companies over an eight-year period to evaluate whether the companies have been successful in reducing pollution emissions over this period and how far the pollution emission requirements of the environmental laws are being met, and whether the industries' fear that pollution abatement expenditures would negatively impact their economic performance has any validity. After discussing the provisions and accomplishments of U.S. federal air and water pollution laws, the authors present a plant by plant analysis of air pollution performance for 1979 and 1987 for 109 plants from fifteen electric utility companies, and plant by plant water pollution analysis of fifteen pulp and paper companies. In addition, comparative analyses are presented for the electric utility companies by each air pollutant and by the total air pollution, and for pulp and paper companies for each water pollutant and for the total water pollution. On the basis of an overall pollution index, the authors rank the electric utilities and pulp and paper companies for air and water pollution respectively. The comparative analyses of different time periods demonstrate which companies improved their pollution-abatement performance. The impact of pollution performance on economic performance is addressed by the authors over the short as well as long term. On the basis of earlier research findings and economic theory, the authors hypothesize that there would be a negative economic impact in the short run, but in the long run, this negative impact would disappear. The real life data from companies support this general hypothesis. Finally, the authors relate their research findings to public policy issues and make recommendations for public policy on environmental pollution.
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Analisis Del Entorno Economico De La Empresa / Analysis of the Economic Environment of the Business (Economia Y Empresa / Economy and Business)
Ruben Garrido Yserte ,
Juan J. De Lucio Fernandez , and
Maria L. Peinado Gracia
Manufacturer: Piramide Ediciones Sa
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ASIN: 8436818105 |
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The Angolan Economy: Prospects for Growth in a Postwar Environment (Csis Significant Issues Series)
Shawn H. McCormick
Manufacturer: Center for Strategic & Intl Studies
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Binding: Paperback
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ASIN: 0892061871 |
Books:
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- Microeconomics: Theory and Applications, Eleventh Edition
- Miss Julia Strikes Back (Miss Julia)
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