Principles of Microeconomics covers the scope and sequence of most introductory microeconomics …
Principles of Microeconomics covers the scope and sequence of most introductory microeconomics courses. The text includes many current examples, which are handled in a politically equitable way. The outcome is a balanced approach to the theory and application of economics concepts.
Principles of Economics covers scope and sequence requirements for a two-semester introductory …
Principles of Economics covers scope and sequence requirements for a two-semester introductory economics course. The authors take a balanced approach to micro- and macroeconomics, to both Keynesian and classical views, and to the theory and application of economics concepts. The text also includes many current examples, which are handled in a politically equitable way.
In this lecture, Professor Howie Baetjer of Towson University explains how the …
In this lecture, Professor Howie Baetjer of Towson University explains how the market process generates improvements in the human condition, highlighting how profit and loss serve to help people channel their activities in creative and socially useful directions.
Governments don’t work the way most people think they do. In this …
Governments don’t work the way most people think they do. In this lecture, Professor Antony Davies of Duquesne University explains public choice theory, a branch of economics that explores how voters, politicians, and bureaucrats actually make decisions.
Why do politicians never seem to cut government spending? Using public choice …
Why do politicians never seem to cut government spending? Using public choice economics, Professor Ben Powell of Suffolk University explains why it's difficult to cut policies with concentrated benefits and dispersed costs.
Public choice economics uses economic tools to study political behavior. This reading …
Public choice economics uses economic tools to study political behavior. This reading list provides students with an introduction to important concepts in public choice economics, like logrolling and rent seeking, as well as some of the discipline's most important figures such as James Buchanan and Gordon Tullock.
What is "classical liberalism?" Is it a specific set of beliefs, a …
What is "classical liberalism?" Is it a specific set of beliefs, a philosophy, an economic theory, or something else? In this video mini-course, Dr. Nigel Ashford of the Institute for Humane Studies explores what classical liberalism -- sometimes referred to as "libertarianism" -- actually means. Dr. Ashford looks at 5 different schools of classical liberalism, and examines their similarities and differences.
In the eighteenth century, Scotland experienced a period of great intellectual achievement. …
In the eighteenth century, Scotland experienced a period of great intellectual achievement. The political, economic, and philosophical ideas that came out of the Scottish Enlightenment still have a huge influence on our world today, especially those of Adam Smith and David Hume. This reading list provides an introduction to the ideas of the two economists and philosophers, especially on political economy and the nature of justice.
Ever wonder why people don’t do everything for themselves? In this video, …
Ever wonder why people don’t do everything for themselves? In this video, Professor Art Carden of Samford University explains how specialization and trade create wealth and make us all better off.
The primary goal of this course is to provide a toolset for …
The primary goal of this course is to provide a toolset for characterizing and strategizing how nonmarket forces can shape current and future renewable energy markets. The course approaches the exploration and explanation of key concepts in renewable energy and sustainability nonmarket strategies through evidence-based examples. Main topics for the course include: a sociological approach to markets, renewable energy markets, nonmarket conditions, complex systems analysis, and renewable energy technology and business environments. Because renewable energy costs are higher than fossil fuel cost per unit of energy, the main arguments in support of renewable energy, thus far, are functionally nonmarket in character, i.e., environmental (e.g., climate change), political (e.g., energy independence), and/ or social (e.g., good stewardship).
Many people are concerned with growing national debt, but according to Professor …
Many people are concerned with growing national debt, but according to Professor Antony Davies of Duquesne University, there are a lot of misconceptions. In this lecture, Professor Davies explores ten common myths about inequality, covering everything from the causes of the debt to potential solutions.
Traditionally, American presidents have supported free trade--or at least less restricted trade. …
Traditionally, American presidents have supported free trade--or at least less restricted trade. But the new administration has invoked tariffs and possible renegotiation of longstanding trade agreements. Academic economists are all but unanimous on the benefits of free trade, but a few dissenters say free traders live in a fantasy land, ignoring economic reality. In this debate, Dr. Michael Hudson of University of Missouri Kansas City and Peking University and Dr. Farhad Rassekh of the University of Hartford debate whether the US should pursue a policy of free trade or protectionism.
People living together must find some way to preserve common resources. Unfortunately, …
People living together must find some way to preserve common resources. Unfortunately, there are strong incentives for people to exploit these resources when they are held in common by everyone. Professor Sean Mullholland of Stonehill College explains what causes this problem, known as tragedy of the commons, and potential solutions.
Transportation Economics is aimed at advanced undergraduate and graduate civil engineering, planning, …
Transportation Economics is aimed at advanced undergraduate and graduate civil engineering, planning, business, and economics students, though the material may provide a useful review for practitioners. While incorporating theory, there is a very applied bent to the course, as all the ideas covered are intended to help inform the real decisions that are made (or should be made) in practice.
Principles of Economics aims to teach considerable range and depth of Economic …
Principles of Economics aims to teach considerable range and depth of Economic concepts through an approachable style and methodology. This book is intended for a two-semester course in Economics taught out of the social sciences or business school.
The goal of this textbook is to help students understand how real …
The goal of this textbook is to help students understand how real individuals actually work with economics. In this textbook, the authors illustrate the practicality and relevance of economics with a variety of new illustrations and insights.
The U.S. Department of Labor website contains information on employment laws and …
The U.S. Department of Labor website contains information on employment laws and regulations. Here you will find valuable information on wage & hour rules, discrimination, Affirmative Action, immigrant workers, occupational health & safety, the Family Medical Leave Act, the Employee Retirement Income Security Act, and much more.
In 2011, federal government spending significantly outweighed revenue. While the federal government …
In 2011, federal government spending significantly outweighed revenue. While the federal government spent $3.8 trillion, it collected only $2.2 trillion from various taxes, licenses, and fees. In this video, Professor Antony Davies of Duquesne University explores what the federal government is spending money on and what can be cut to balance the budget.
According to Professor Michael Munger of Duke University, prices are akin to …
According to Professor Michael Munger of Duke University, prices are akin to magic. In this video, Professor Munger explains how prices convert countless pieces of dispersed, complex information into a single signal that conveys to sellers what they should do to best benefit society.
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