Absolute Essentials of International Economics
In: Absolute Essentials of Business and Economics Series
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In: Absolute Essentials of Business and Economics Series
"Pandemic Economics applies economic theory to the Covid-19 era, exploring the micro and macro dimensions of the pre-pandemic, pandemic and post-pandemic phases. Using core economic tools such as marginal analysis, cost-benefit analysis and opportunity cost, this book explores the breadth of economic outcomes from the pandemic. It shows that a trade-off between public health and economic health led to widespread problems, including virus infections and under-employment. Taking an international and comparative approach, the book shows that because countries implemented different economic policies, interventions and timelines during the crisis, outcomes varied with respect to the extent of recession, process of recovery, availability of medical equipment, public health and additional waves of the virus. Pedagogical features are weaved throughout the text, including country case studies, key terms, suggested further reading, and discussion questions for solo or group study. On top of this, the book offers online supplements comprising PowerPoint slides, test questions, extra case studies and an instructor guide. This textbook will be a valuable resource for advanced undergraduate and postgraduate courses on pandemic economics, macroeconomics, health economics, public policy and related areas."
Understanding Global Crises is an innovative and interdisciplinary text thatinvestigates the key contemporary economic, social, and environmental crises and demonstrates their deep interconnection. Contributing to the discussion of large-scale crises, this book provides a conceptual framework to understand the current global landscape. Essential cascading crises topics, such as economic collapse, climate change, racial injustice, domestic violence, and epistemic oppression, are explored in order to equip readers with the clarity to understand global crises, assess policy interventions, and analyze social responses. To achieve future resilience, the book shows that society must recognize various forms of inequality and make policy changes. Each chapter showcases an international case study, covering real-life examples of topics such as climate disinformation, vaccine distribution disparities, environmental racism, and socioeconomic deprivation. Other features of the book include key terms, suggested further reading, and discussion questions, as well as online supplements comprising PowerPoint slides and an instructor's guide. Understanding Global Crises will be a valuable text to support courses in economics, environmental studies, political science, public health, and social policy.
Part 1: Fundamentals of Energy Economics -- 1. Introduction to Energy Economics -- 2. Energy Systems, Efficiency, and Conservation -- 3. Energy Sectors, part I: Power and Electricity -- 4. Energy Sectors, part II: Fuels, Buildings, Industry, and Transportation -- 5. Energy Policy: Theory and Applications -- 6. Energy Supply, Demand, and Markets -- Part 2: Traditional Energy Resources -- 7. Oil: Fuel for the Global Economy -- 8. Coal: Fuel for the Power Industry -- 9. Natural Gas: A New Horizon in Energy -- 10. Nuclear Energy: The Controversy Continues -- Part 3: Moving Forward -- 11. The Rise of Renewable Energy -- 12. Energy, Economics, and the Climate Crisis -- 13. Energy Security -- 14. Conclusion: Achieving a Clean Energy Transformation
In: American behavioral scientist: ABS
ISSN: 1552-3381
This article investigates the collective action problem in the name, image, and likeness (NIL) era. By allowing college athletes to profit from their NIL through endorsements, sponsorships, and social media presence, athletes may now receive unlimited monetary benefits for their participation in college sports. But a collection action problem exists. Although all universities benefit from the NIL landscape, they do not have to disclose their NIL data. In addressing this problem, the article finds that, when athletic departments are selfish, defection from a position of cooperation exists as a dominant strategy. An emerging social norm of information disclosure is insufficient to provide an incentive for disclosure.
We develop a variation of the Grossman-Helpman Protection for Sale" model, where organized groups, representing various sectors of the economy, influence government policy. In particular, this paper focuses on the rise of food prices and a greater level of influence of a food sector lobby, relative to other political lobbies- and general consumer welfare. Governments, when considering their objectives, must consider food security along with consumer welfare and the objectives of other special-interest groups. We find that, as government emphasizes domestic food security, lobbies representing the food sector gain influence at the expense of other, non-food lobbies and the general population. In this framework, technology plays an important role. Technology, by increasing the rate at which the economy expands, allows government to reap the rewards of special interest participation in policy formation while increasing national welfare.
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