Economy, Society, and Public Policy / The CORE Team.

By:

CORE team [author.]

Contributor(s):

The CORE Team

Material type: Text

TextPublication details: UK: Oxford University Press, c2019.Description: xvii, 614 pages : illustrations some color ; 27 cmISBN:

0198849842
9780198849841

Subject(s):

DDC classification:

330 23 ECO- 2019 815211

Contents:

Chapter 1 : Capitalism and democracy: affluence, inequality, and the environment ; Chapter 2 : Social interactions and economic outcomes ; Chapter 3 : Public policy for fairness and efficiency ; Chapter 4 : Work, wellbeing and scarcity ; Chapter 5 : Institutions, power and inequality ; Chapter 6 : The firm : employees, managers and owners ; Chapter 7 : Firms and markets for goods and services ; Chapter 8 : The labour market and the product market : unemployment and inequality ; Chapter 9 : The credit market: borrowers, lenders and the rate of interest ; Chapter 10 : Banks, money, housing and financial assets ; Chapter 11 : Market successes and failures ; Chapter 12 : Governments and markets in a democratic society.

Summary: Economy, Society, and Public Policy is a new way to learn economics. It is designed specifically for students studying social sciences, public policy, business studies, engineering and other disciplines who want to understand how the economy works and how it can be made to work better. Topical policy problems are used to motivate learning of key concepts and methods of economics. It engages, challenges and empowers students, and will provide them with the tools to articulate reasoned views on pressing policy problems. This project is the result of a worldwide collaboration between researchers, educators, and students who are committed to bringing the socially relevant insights of economics to a broader audience.KEY FEATURESESPP does not teach microeconomics as a body of knowledge separate from macroeconomicsStudents begin their study of economics by understanding that the economy is situated within society and the biosphereStudents study problems of identifying causation, not just correlation, through the use of natural experiments, lab experiments, and other quantitative methodsSocial interactions, modelled using simple game theory, and incomplete information, modelled using a series of principal-agent problems, are introduced from the beginning. As a result, phenomena studied by the other social sciences such as social norms and the exercise of power play a roleThe insights of diverse schools of thought, from Marx and the classical economists to Hayek and Schumpeter, play an integral part in the bookThe way economists think about public policy is central to ESPP. This is introduced in Units 2 and 3, rather than later in the course.

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Holdings ( 1 )
Title notes ( 3 )

Holdings
Item type	Current library	Collection	Call number	Status	Date due	Barcode	Item holds
Reference	Lahore Business School Library Book Cart	Not for loan and check out is restricted	330 ECO- 2019 815211 (Browse shelf(Opens below))	Not For Loan		815211

Total holds: 0

Includes bibliographical references (pages 589-593) and index.

Economy, Society, and Public Policy is a new way to learn economics. It is designed specifically for students studying social sciences, public policy, business studies, engineering and other disciplines who want to understand how the economy works and how it can be made to work better. Topical policy problems are used to motivate learning of key concepts and methods of economics. It engages, challenges and empowers students, and will provide them with the tools to articulate reasoned views on pressing policy problems. This project is the result of a worldwide collaboration between researchers, educators, and students who are committed to bringing the socially relevant insights of economics to a broader audience.KEY FEATURESESPP does not teach microeconomics as a body of knowledge separate from macroeconomicsStudents begin their study of economics by understanding that the economy is situated within society and the biosphereStudents study problems of identifying causation, not just correlation, through the use of natural experiments, lab experiments, and other quantitative methodsSocial interactions, modelled using simple game theory, and incomplete information, modelled using a series of principal-agent problems, are introduced from the beginning. As a result, phenomena studied by the other social sciences such as social norms and the exercise of power play a roleThe insights of diverse schools of thought, from Marx and the classical economists to Hayek and Schumpeter, play an integral part in the bookThe way economists think about public policy is central to ESPP. This is introduced in Units 2 and 3, rather than later in the course.