Economics is Everywhere
Fifth EditionDaniel S. Hamermesh
©2014Learn to apply economics to examples found in everyday life. Through scenarios influenced by everyday events from news articles, films, family and popular culture, Economics is Everywhere helps you identify with economics rather than be afraid of it.
Table of Contents
Introduction: Thinking About Economics Everywhere
Part I. Trade-Offs, Supply, and Demand
Chapter 1. Trade-Offs and Opportunity Cost
Chapter 2. Demand and Supply Curves
Chapter 3. Demand and Supply—Quantity and Price in Unrestricted Markets
Part I. Trade-Offs, Supply, and Demand
Chapter 1. Trade-Offs and Opportunity Cost
Chapter 2. Demand and Supply Curves
Chapter 3. Demand and Supply—Quantity and Price in Unrestricted Markets
Chapter 4. Demand and Supply—Quantity and Price in Restricted Markets
Chapter 5. The Consumer—Elasticities and Incentives
Chapter 5. The Consumer—Elasticities and Incentives
Chapter 6. The Consumer—How to Choose
Tips on Hunting for Economics Everywhere in Part I
Part II. Production, Cost, and Markets
Chapter 7. Production and Cost
Chapter 8. The Firm in the Short Run—Fixed and Variable Costs
Chapter 9. Firms and Competitive Markets in the Long Run
Chapter 10. Competitive Markets—Responses to Shocks
Chapter 11. Efficiency and Well Being
Chapter 12. Monopoly and Monopolistic Competition
Chapter 13. Price Discrimination
Chapter 14. Oligopoly (Including Game Theory)
Tips on Hunting for Economics Everywhere in Part II
Part III. Input Markets, the Public Sector, and International Markets
Chapter 15. Discounting and Present Value
Chapter 16. Labor Markets
Chapter 17. Human Capital, Discrimination, and Labor-Market Policy
Chapter 18. Public Goods, Externalities, and Property Rights
Chapter 19. Taxes and Public Expenditures
Chapter 20. International Economics
Tips on Hunting for Economics Everywhere in Part III
Glossary
Part II. Production, Cost, and Markets
Chapter 7. Production and Cost
Chapter 8. The Firm in the Short Run—Fixed and Variable Costs
Chapter 9. Firms and Competitive Markets in the Long Run
Chapter 10. Competitive Markets—Responses to Shocks
Chapter 11. Efficiency and Well Being
Chapter 12. Monopoly and Monopolistic Competition
Chapter 13. Price Discrimination
Chapter 14. Oligopoly (Including Game Theory)
Tips on Hunting for Economics Everywhere in Part II
Part III. Input Markets, the Public Sector, and International Markets
Chapter 15. Discounting and Present Value
Chapter 16. Labor Markets
Chapter 17. Human Capital, Discrimination, and Labor-Market Policy
Chapter 18. Public Goods, Externalities, and Property Rights
Chapter 19. Taxes and Public Expenditures
Chapter 20. International Economics
Tips on Hunting for Economics Everywhere in Part III
Glossary