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The New World of Economics [electronic resource] : A Remake of a Classic for New Generations of Economics Students / by Richard B. McKenzie, Gordon Tullock

Author
McKenzie, Richard B.
Published
Berlin, Heidelberg : Springer Berlin Heidelberg : Imprint: Springer, 2012.
Edition
6th ed. 2012.
Physical Description
XVIII, 559 pages 28 illustrations : digital
Additional Creators
Tullock, Gordon and SpringerLink (Online service)
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Contents
Part I - The New World of Economic Thinking: Economic Thinking -- Anything Worth Doing Is Not Necessarily Worth Doing Well -- Maslow’s Hierarchy of Needs—And Economist’s Demand -- Part II -The New World of Market Economics: Price and the “Law of Unintended Consequences”.-  Pricing Lemons, Views, and University Housing -- Markets and More Markets -- Part III - The New World of Personal Economics:  Marriage, Family, and Divorce -- Sexual Behavior -- Exploitation of Affection -- Dying: The Most Economical Way to Go! -- Cheating and Lying -- Fat Economics -- Part IV - The New World of Pricing Strategies: Why Sales -- Why Popcorn Costs So Much at the Movies -- Why So Many Coupons -- Why Some Goods Are Free -- The Question of Queues -- Part V - The New World of College and University Education: The University Economy -- The Economics of Learning -- Does the NCAA Exploit College Athletes? -- Why Professors Have Tenure and Business People Don’t -- Part VI - The New World of Contrarian Economics: Public Choice Economics -- In Defense of Monopoly: Behavioral Economics -- Behavioral Economics -- Problems with Behavioral Economics -- Why Men Earn More on Average than Women—And Always Will.
Summary
The New World of Economics, 6th edition, by Richard McKenzie and Gordon Tullock, represents a revival of a classic text that, when it was first published, changed substantially the way economics would be taught at the introductory and advanced levels of economics for all time.  In a very real sense, many contemporary general-audience economics books that seek to apply the “economic way of thinking” to an unbounded array of social issues have grown out of the disciplinary tradition established by earlier editions of The New World of Economics.  This new edition of The New World will expose new generations of economics students to how McKenzie and Tullock have applied in a lucid manner a relatively small number of economic concepts and principles to a cluster of topics that have been in the book from its first release and to a larger number of topics that are new to this edition, with the focus of the new topics on showing students how economic thinking can be applied to business decision making.  This edition continues the book’s tradition of taking contrarian stances on important economic issues.  Economics professors have long reported that The New World is a rare book in that students will read it without being required to do so.
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ISBN
9783642273643
Note
AVAILABLE ONLINE TO AUTHORIZED PSU USERS.
Part Of
Springer eBooks
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