GDP
GDP

Author: Diane Coyle

Publisher: Princeton University Press

Published: 2015-09-22

Total Pages: 181

ISBN-13: 1400873630

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How GDP came to rule our lives—and why it needs to change Why did the size of the U.S. economy increase by 3 percent on one day in mid-2013—or Ghana's balloon by 60 percent overnight in 2010? Why did the U.K. financial industry show its fastest expansion ever at the end of 2008—just as the world’s financial system went into meltdown? And why was Greece’s chief statistician charged with treason in 2013 for apparently doing nothing more than trying to accurately report the size of his country’s economy? The answers to all these questions lie in the way we define and measure national economies around the world: Gross Domestic Product. This entertaining and informative book tells the story of GDP, making sense of a statistic that appears constantly in the news, business, and politics, and that seems to rule our lives—but that hardly anyone actually understands. Diane Coyle traces the history of this artificial, abstract, complex, but exceedingly important statistic from its eighteenth- and nineteenth-century precursors through its invention in the 1940s and its postwar golden age, and then through the Great Crash up to today. The reader learns why this standard measure of the size of a country’s economy was invented, how it has changed over the decades, and what its strengths and weaknesses are. The book explains why even small changes in GDP can decide elections, influence major political decisions, and determine whether countries can keep borrowing or be thrown into recession. The book ends by making the case that GDP was a good measure for the twentieth century but is increasingly inappropriate for a twenty-first-century economy driven by innovation, services, and intangible goods.

The Economics of Social Problems
The Economics of Social Problems

Author: Sarah Smith

Publisher: Bloomsbury Publishing

Published: 2017-09-16

Total Pages: 216

ISBN-13: 1349922102

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This well respected textbook has been fully updated to reflect how economic policies on housing, crime, the environment, pensions among other areas, have changed in recent years. The book offers a lucid, non-technical introduction to important economic concepts, showing how they are applied in a real world setting.

Introduction to Economics
Introduction to Economics

Author: Wendy A. Stock

Publisher: Wiley Global Education

Published: 2013-03-27

Total Pages: 450

ISBN-13: 1118475984

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Stock's Social Issues and Economic Thinking presents a realistic picture of current economic thought through an understanding of theory and the application of issues. It provides concepts in economics and how they relate to real issues in life. It delves into economics by looking at Crime, Labor Markets, Drug Use, Population etc, using the "tools" of economics.

Encyclopedia of Social Problems
Encyclopedia of Social Problems

Author: Vincent N. Parrillo

Publisher: SAGE

Published: 2008-05-22

Total Pages: 1209

ISBN-13: 1412941652

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From terrorism to social inequality and from health care to environmental issues, social problems affect us all. The Encyclopedia will offer an interdisciplinary perspective into these and many other social problems that are a continuing concern in our lives, whether we confront them on a personal, local, regional, national, or global level.

Economic Analysis of Social Issues
Economic Analysis of Social Issues

Author: Alan Grant

Publisher: Prentice Hall

Published: 2016

Total Pages: 0

ISBN-13: 9780133023039

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NOTE: You are purchasing a standalone product; MyEconLab does not come packaged with this content. If you would like to purchase both the physical text and MyEconLab search for 0134098374 / 9780134098371 Economic Analysis of Social Issues Plus MyEconLab with Pearson eText (1-Semester Access) -- Access Card Package, 1/e Package consists of: 0133023036 / 9780133023039 Economic Analysis of Social Issues, 1e 0134088603 / 9780134088600 MyEconLab with Pearson eText (1-Semester Access) -- Access Card MyEconLab should only be purchased when required by an instructor. Introductory one-semester course for freshman or sophomore non-majors without a background in economics. Real-world data analysis, games, and economic experiments for socially engaged readers Economic Analysis of Social Issues provides readers with a modern analytical approach to economics based on the tools of game theory. Readers who are passionate about contemporary social problems are given an analytical framework to discuss problems like pollution, health care, and the depletion of natural resources. Using fun, simple tools of game theory, readers discover that ultimately, these problems have similar origins. Readers will leave the course with a solid grasp of strategic behavior and understand how such behavior, exercised in the pursuit of individual incentives, can lead to poor collective outcomes. A user-friendly, conversational writing style infused with analytical rigor makes the text approachable and easy to read. Economic experiments and games not found in any other text about the subject, along with real-time data analysis exercises allow readers to learn by doing. This approach teaches readers to analyze social problems, rather than memorize facts that will soon become dated or irrelevant. Also available with MyEconLab(R) MyEconLab is an online homework, tutorial, and assessment program designed to work with this text to engage students and improve results. Students practice what they learn, test their understanding, and pursue a personalized study plan that helps them better absorb course material and understand difficult concepts. MyEconLab allows you to engage your students in the course material before, during, and after class with a variety of activities and assessments.