Reading and Understanding Economics enables you to get to grips with all the issues in today’s economy discussed at length everywhere you look in the media leaving you armed with a new vocabulary of key economic terms ready to conduct your own analysis next time you read a newspaper or listen to the news for business or pleasure
With the acclaimed writing and teaching approach of PaulKrugman and Robin Wells, MacroeconomicsinModules offers: A concise, accessible introduction to economics with 45 modules divided into 8 sections A format that lets students explore economics at an effective pace—one essential topic at a time. Each module is easily readable in a single sitting.
Ever since modern game theory-the scientific study of interactive, rational decision making-achieved prominence in the mid-20th century, it has proven instrumental in helping us understand how and why we make decisions. Game theory plays a crucial role in our lives and provides startling insights into all endeavors in which humans cooperate or compete, including biology, computer science, politics, agriculture, and, most importantly, economics. You can even see game theory at work in the interactions you engage in every day, such as an obvious "game," like buying a car, or a less obvious one, like trying to decide where to go on a Saturday night or how you ought to dress.
Economics For Hotel Management explains the basic principle of economics and highlights the application of these principles to hotel management. The efficacy of economic principles at both the micro and macro levels in the hotel industry is emphasised throughout the book. The discussion of the concepts is illustrated through appropriate examples, diagrams and flowcharts for an easier understanding. The book would serve as an useful text for students of economics and hotel and tourism management.
Getting it Wrong: How Faulty Monetary Statistics Undermine the Fed, the Financial System, and the Economy
Blame for the recent financial crisis and subsequent recession has commonly been assigned to everyone from Wall Street firms to individual homeowners. It has been widely argued that the crisis and recession were caused by "greed" and the failure of mainstream economics. In Getting It Wrong, leading economist William Barnett argues instead that there was too little use of the relevant economics, especially from the literature on economic measurement. Barnett contends that as financial instruments became more complex, the simple-sum monetary aggregation formulas used by central banks, including the U.S. Federal Reserve, became obsolete.
Ever since modern game theory-the scientific study of interactive, rational decision making-achieved prominence in the mid-20th century, it has proven instrumental in helping us understand how and why we make decisions. Game theory plays a crucial role in our lives and provides startling insights into all endeavors in which humans cooperate or compete, including biology, computer science, politics, agriculture, and, most importantly, economics. You can even see game theory at work in the interactions you engage in every day, such as an obvious "game," like buying a car, or a less obvious one, like trying to decide where to go on a Saturday night or how you ought to dress.
