Author: Roger A. Arnold
Publisher:
ISBN: 9780324315660
Category : Economics
Languages : en
Pages : 868
Book Description
Offering a unique blend of solid theoretical content and student accessibility, this text: 1) covers all the basics of macroeconomics and microeconomics, 2) gives students a clear idea of how economists think about the world, 3) stresses the key concepts in economics, and 4) is extremely rich in intriguing applications that convey the prevalence of economics in everyday life. Many principles instructors are constantly challenged with the goal of getting students excited about realization that economics iseverywhere! Arnold has taken this to another level. He is so passionate about touching his students that he felt the need to write aprinciples book that is dedicated to opening the science of economics through the pictures and applications of our lives. Arnold isconsidered the most innovative author in this market to meet the fast pace interests of both instructors and students. His five themes ofTheory and Model building, Key Concepts, Primary and Secondary Consequences, Real-World Applications, and the idea that Economics isabout gifts, exchanges, and transfers, set the tone for a teaching text that is extremely approachable by instructors and students.
Aise Pkg Economics Infotrac
Author: Roger A. Arnold
Publisher:
ISBN: 9780324315660
Category : Economics
Languages : en
Pages : 868
Book Description
Offering a unique blend of solid theoretical content and student accessibility, this text: 1) covers all the basics of macroeconomics and microeconomics, 2) gives students a clear idea of how economists think about the world, 3) stresses the key concepts in economics, and 4) is extremely rich in intriguing applications that convey the prevalence of economics in everyday life. Many principles instructors are constantly challenged with the goal of getting students excited about realization that economics iseverywhere! Arnold has taken this to another level. He is so passionate about touching his students that he felt the need to write aprinciples book that is dedicated to opening the science of economics through the pictures and applications of our lives. Arnold isconsidered the most innovative author in this market to meet the fast pace interests of both instructors and students. His five themes ofTheory and Model building, Key Concepts, Primary and Secondary Consequences, Real-World Applications, and the idea that Economics isabout gifts, exchanges, and transfers, set the tone for a teaching text that is extremely approachable by instructors and students.
Publisher:
ISBN: 9780324315660
Category : Economics
Languages : en
Pages : 868
Book Description
Offering a unique blend of solid theoretical content and student accessibility, this text: 1) covers all the basics of macroeconomics and microeconomics, 2) gives students a clear idea of how economists think about the world, 3) stresses the key concepts in economics, and 4) is extremely rich in intriguing applications that convey the prevalence of economics in everyday life. Many principles instructors are constantly challenged with the goal of getting students excited about realization that economics iseverywhere! Arnold has taken this to another level. He is so passionate about touching his students that he felt the need to write aprinciples book that is dedicated to opening the science of economics through the pictures and applications of our lives. Arnold isconsidered the most innovative author in this market to meet the fast pace interests of both instructors and students. His five themes ofTheory and Model building, Key Concepts, Primary and Secondary Consequences, Real-World Applications, and the idea that Economics isabout gifts, exchanges, and transfers, set the tone for a teaching text that is extremely approachable by instructors and students.
Agriculture Economics Reports
Author:
Publisher:
ISBN:
Category : Agriculture
Languages : en
Pages : 76
Book Description
Publisher:
ISBN:
Category : Agriculture
Languages : en
Pages : 76
Book Description
Products and Services from ERS-NASS.
Author:
Publisher:
ISBN:
Category : Agriculture
Languages : en
Pages : 92
Book Description
Publisher:
ISBN:
Category : Agriculture
Languages : en
Pages : 92
Book Description
Economics of Defense Procurement
Author: United States. Congress. Joint Economic Committee. Subcommittee on Priorities and Economy in Government
Publisher:
ISBN:
Category : Shipbuilding
Languages : en
Pages : 440
Book Description
Publisher:
ISBN:
Category : Shipbuilding
Languages : en
Pages : 440
Book Description
Family Economics Review
Author:
Publisher:
ISBN:
Category : Home economics
Languages : en
Pages : 608
Book Description
Publisher:
ISBN:
Category : Home economics
Languages : en
Pages : 608
Book Description
Structural Reform Packages, Sequencing, and the Informal Economy
Author: Zsuzsa Munkacsi
Publisher: International Monetary Fund
ISBN: 1484302125
Category : Business & Economics
Languages : en
Pages : 54
Book Description
This paper explores the macroeconomic impacts of labor and product market deregulation using a small open-economy model with formal and informal markets. We examine both the long-run effects and the transition towards the post-reform equilibrium, while our main focus are reform packages and sequencing. The unofficial sector is a major determinant of the sign, and, in particular, the magnitude of responses. South Africa, an emerging country, is considered when Bayesian estimating the model. Regarding the long run, both labor and product market reforms considerably increase output, although labor market reforms are more successful in decreasing unemployment. Nevertheless, there are short-term costs, for example, a decrease in household consumption, net exports or output, or a decrease in competition. Combining reforms, especially with product market deregulation, are good at reducing short-term costs. Finally, concerning the speed of adjustment, it is usually better to start with a labor market reform.
Publisher: International Monetary Fund
ISBN: 1484302125
Category : Business & Economics
Languages : en
Pages : 54
Book Description
This paper explores the macroeconomic impacts of labor and product market deregulation using a small open-economy model with formal and informal markets. We examine both the long-run effects and the transition towards the post-reform equilibrium, while our main focus are reform packages and sequencing. The unofficial sector is a major determinant of the sign, and, in particular, the magnitude of responses. South Africa, an emerging country, is considered when Bayesian estimating the model. Regarding the long run, both labor and product market reforms considerably increase output, although labor market reforms are more successful in decreasing unemployment. Nevertheless, there are short-term costs, for example, a decrease in household consumption, net exports or output, or a decrease in competition. Combining reforms, especially with product market deregulation, are good at reducing short-term costs. Finally, concerning the speed of adjustment, it is usually better to start with a labor market reform.
Economics of Defense Procurement, Shipbuilding Claims
Author: United States. Congress. Joint Economic Committee. Subcommittee on Priorities and Economy in Government
Publisher:
ISBN:
Category : Shipbuilding
Languages : en
Pages : 420
Book Description
Publisher:
ISBN:
Category : Shipbuilding
Languages : en
Pages : 420
Book Description
The Economics of Quality, Grades and Brands (Routledge Revivals)
Author: Peter Bowbrick
Publisher: Routledge
ISBN: 1317645049
Category : Business & Economics
Languages : en
Pages : 194
Book Description
Virtually every decision to produce, buy or sell is influenced by quality, yet until this book was first published in 1992, there had been very little attempt to produce a comprehensive and practical theory for this. Here, Peter Bowbrick brings together different traditions of quality analysis from economics, marketing economics and marketing itself to identify the limitations of the different traditions of quality economics and some approaches to its analysis. Beginning with a definition of the subject and the concepts involved, this comprehensive title will be of particular value to students of Economics, Marketing and Business Studies.
Publisher: Routledge
ISBN: 1317645049
Category : Business & Economics
Languages : en
Pages : 194
Book Description
Virtually every decision to produce, buy or sell is influenced by quality, yet until this book was first published in 1992, there had been very little attempt to produce a comprehensive and practical theory for this. Here, Peter Bowbrick brings together different traditions of quality analysis from economics, marketing economics and marketing itself to identify the limitations of the different traditions of quality economics and some approaches to its analysis. Beginning with a definition of the subject and the concepts involved, this comprehensive title will be of particular value to students of Economics, Marketing and Business Studies.
Benchmarking Economic Efficiency
Author: Jesús T. Pastor
Publisher: Springer Nature
ISBN: 3030843971
Category : Business & Economics
Languages : en
Pages : 662
Book Description
This book unifies and extends the definition and measurement of economic efficiency and its use as a real-life benchmarking technique for actual organizations. Analytically, the book relies on the economic theory of duality as guiding framework. Empirically, it shows how the alternative models can be implemented by way of Data Envelopment Analysis. An accompanying software programmed in the open-source Julia language is used to solve the models. The package is a self-contained set of functions that can be used for individual learning and instruction. The source code, associated documentation, and replication notebooks are available online. The book discusses the concept of economic efficiency at the firm level, comparing observed to optimal economic performance, and its decomposition according to technical and allocative criteria. Depending on the underlying technical efficiency measure, economic efficiency can be decomposed multiplicatively or additively. Part I of the book deals with the classic multiplicative approach that decomposes cost and revenue efficiency based on radial distance functions. Subsequently, the book examines how these partial approaches can be expanded to the notion of profitability efficiency, considering both the input and output dimensions of the firm, and relying on the generalized distance function for the measurement of technical efficiency. Part II is devoted to the recent additive framework related to the decomposition of economic inefficiency defined in terms of cost, revenue, and profit. The book presents economic models for the Russell and enhanced graph Russell measures, the weighted additive distance function, the directional distance function, the modified directional distance function, and the Hölder distance function. Each model is presented in a separate chapter. New approaches that qualify and generalize previous results are also introduced in the last chapters, including the reverse directional distance function and the general direct approach. The book concludes by highlighting the importance of benchmarking economic efficiency for all business stakeholders and recalling the main conclusions obtained from many years of research on this topic. The book offers different alternatives to measure economic efficiency based on a set of desirable properties and advises on the choice of specific economic efficiency models.
Publisher: Springer Nature
ISBN: 3030843971
Category : Business & Economics
Languages : en
Pages : 662
Book Description
This book unifies and extends the definition and measurement of economic efficiency and its use as a real-life benchmarking technique for actual organizations. Analytically, the book relies on the economic theory of duality as guiding framework. Empirically, it shows how the alternative models can be implemented by way of Data Envelopment Analysis. An accompanying software programmed in the open-source Julia language is used to solve the models. The package is a self-contained set of functions that can be used for individual learning and instruction. The source code, associated documentation, and replication notebooks are available online. The book discusses the concept of economic efficiency at the firm level, comparing observed to optimal economic performance, and its decomposition according to technical and allocative criteria. Depending on the underlying technical efficiency measure, economic efficiency can be decomposed multiplicatively or additively. Part I of the book deals with the classic multiplicative approach that decomposes cost and revenue efficiency based on radial distance functions. Subsequently, the book examines how these partial approaches can be expanded to the notion of profitability efficiency, considering both the input and output dimensions of the firm, and relying on the generalized distance function for the measurement of technical efficiency. Part II is devoted to the recent additive framework related to the decomposition of economic inefficiency defined in terms of cost, revenue, and profit. The book presents economic models for the Russell and enhanced graph Russell measures, the weighted additive distance function, the directional distance function, the modified directional distance function, and the Hölder distance function. Each model is presented in a separate chapter. New approaches that qualify and generalize previous results are also introduced in the last chapters, including the reverse directional distance function and the general direct approach. The book concludes by highlighting the importance of benchmarking economic efficiency for all business stakeholders and recalling the main conclusions obtained from many years of research on this topic. The book offers different alternatives to measure economic efficiency based on a set of desirable properties and advises on the choice of specific economic efficiency models.
The Design of Fiscal Reform Packages
Author: Andrew Hodge
Publisher: International Monetary Fund
ISBN: 1475529295
Category : Business & Economics
Languages : en
Pages : 50
Book Description
This paper studies the impact on growth, welfare, and government debt of fiscal reform packages in a theoretical model drawing together three key features of the endogenous growth literature: (i) investment in technology (in the form of human capital) offsets diminishing marginal productivity of private capital, allowing for perpetual growth in output per capita; (ii) changes in investment behavior because of cuts to distortionary tax rates impact long-run growth; and (iii) public capital has a role influencing total factor productivity and growth. A quantitative simulation using reasonable parameter values suggests that modest capital and/or labor income tax cuts and public investment increases have significant positive effects on consumer welfare but small effects on per capita income growth, where fiscal costs are offset by reductions in unproductive government spending. Capital income tax cuts and public investment increases continue to boost welfare when offset by consumption tax rises (rather than spending cuts), although the welfare benefits of modest labor income tax cuts are outweighed by the costs of a compensating consumption tax increase.
Publisher: International Monetary Fund
ISBN: 1475529295
Category : Business & Economics
Languages : en
Pages : 50
Book Description
This paper studies the impact on growth, welfare, and government debt of fiscal reform packages in a theoretical model drawing together three key features of the endogenous growth literature: (i) investment in technology (in the form of human capital) offsets diminishing marginal productivity of private capital, allowing for perpetual growth in output per capita; (ii) changes in investment behavior because of cuts to distortionary tax rates impact long-run growth; and (iii) public capital has a role influencing total factor productivity and growth. A quantitative simulation using reasonable parameter values suggests that modest capital and/or labor income tax cuts and public investment increases have significant positive effects on consumer welfare but small effects on per capita income growth, where fiscal costs are offset by reductions in unproductive government spending. Capital income tax cuts and public investment increases continue to boost welfare when offset by consumption tax rises (rather than spending cuts), although the welfare benefits of modest labor income tax cuts are outweighed by the costs of a compensating consumption tax increase.