Products related to Economics:
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Economics of Education
While there are many great research articles, good books, and provocative policy analyses related to the economics of education, these materials are often written to influence the policy process and not necessarily for students with limited knowledge of the underlying policies and the economic framework.This textbook is intended to serve as a foundation for a broad-based course on the economics of education.Its goal is to provide an overview of economics of education research: to lay out the evidence as clearly as possible, note agreements, disagreements, and unresolved points in literature, and to help students develop the tools necessary to draw their own conclusions.
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How Economics Shapes Science
The beauty of science may be pure and eternal, but the practice of science costs money. And scientists, being human, respond to incentives and costs, in money and glory.Choosing a research topic, deciding what papers to write and where to publish them, sticking with a familiar area or going into something new—the payoff may be tenure or a job at a highly ranked university or a prestigious award or a bump in salary.The risk may be not getting any of that. At a time when science is seen as an engine of economic growth, Paula Stephan brings a keen understanding of the ongoing cost-benefit calculations made by individuals and institutions as they compete for resources and reputation.She shows how universities offload risks by increasing the percentage of non-tenure-track faculty, requiring tenured faculty to pay salaries from outside grants, and staffing labs with foreign workers on temporary visas.With funding tight, investigators pursue safe projects rather than less fundable ones with uncertain but potentially path-breaking outcomes.Career prospects in science are increasingly dismal for the young because of ever-lengthening apprenticeships, scarcity of permanent academic positions, and the difficulty of getting funded. Vivid, thorough, and bold, How Economics Shapes Science highlights the growing gap between the haves and have-nots—especially the vast imbalance between the biomedical sciences and physics/engineering—and offers a persuasive vision of a more productive, more creative research system that would lead and benefit the world.
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Educational Innovation in Economics and Business III : Innovative Practices in Business Education
Almost thirty years ago a friend involved in the education profession told me that in his estimation much more was "caught" by students outside of classrooms than was "taught" within those hallowed walls.This statement has stuck with me through years of personal schooling, working as a high school teacher, working in management, serving as a management consultant and trainer, and facilitating learning on university campuses across the US, eastern Europe, and Asia.Learning by doing is certainly something most people have experienced.But the fact that there is more opportunity to learn more things today as never before (with knowledge doubling every 20 months) makes learning by doing more complicated.As organizations move to respond to the rapid changes in their environments, people within those organizations must face the uncertainty and ambiguity that comes with such conditions.The one thing most futurists agree on is that the future will be very different than the present.Exponential change has become commonplace. Companies used to worry about redefining their goals and specific describing their place in an industry.Today, in order to survive, they must be constantly addressing the issues inherent in redefining their industries.
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Economics : Productivity and Technology Shocks
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Is economics a science?
Economics is often considered a social science because it uses scientific methods to study human behavior in relation to the allocation of resources. It employs mathematical and statistical tools to analyze economic phenomena and make predictions about future outcomes. However, some argue that economics does not fit the traditional definition of a science because it deals with human behavior, which is inherently unpredictable and influenced by a wide range of factors. Ultimately, whether economics is considered a science or not depends on one's perspective and the criteria used to define a science.
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Which FOS is meant: Technology or Economics?
The FOS (Field of Study) that is meant can vary depending on the context. If the question is asking about a specific academic program or course, then the FOS would be Technology or Economics, depending on the focus of the program. If the question is asking about a specific career or industry, then the FOS would also depend on the specific field within Technology or Economics. It's important to clarify the context in order to determine which FOS is being referred to.
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Who has studied political science or economics?
I'm sorry, but I cannot provide specific information about individuals' educational backgrounds. However, many people have studied political science or economics, as these are popular fields of study at universities and colleges around the world. Students who are interested in understanding how governments and economies work often choose to major in these subjects.
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Can one study economics and computer science simultaneously?
Yes, it is possible to study economics and computer science simultaneously. Many universities offer joint or dual degree programs that allow students to pursue both fields of study. This combination can be particularly beneficial as it equips students with a strong understanding of both economic principles and technical skills related to computer science, which are increasingly important in today's data-driven world. Students who choose to study both economics and computer science can explore a wide range of career opportunities in areas such as financial technology, data analysis, and economic research.
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Macroeconomic Essentials : Understanding Economics in the News
The new edition of a concise and nontechnical but rigorous introductory text that emphasizes fundamental concepts and real-world applications, thoroughly revised and updated. This introductory text offers an alternative to the encyclopedic, technically oriented approach taken by traditional textbooks on macroeconomic principles.Concise and nontechnical but rigorous, its goal is not to teach students to shift curves on diagrams but to help them understand fundamental macroeconomic concepts and their real-world applications.It accomplishes this by providing a clear exposition of introductory macroeconomic theory along with more than 700 one- or two-sentence "news clips," based on economics media coverage, as illustrations or student exercises.Although the writing is accessible, end-of-chapter questions are challenging, requiring a thorough understanding of related macroeconomic concepts, critical-thinking skills, and an ability to make connections to the real world. This fourth edition has been thoroughly revised and updated, with new material on such topics as aggregate supply and demand, supply-side models, recent issues faced by the Federal Reserve, the role of government, and "burst bubbles." The more challenging end-of-chapter questions are separated out, and news clip questions have been added that refer to recent events.Optional chapter appendixes offer technical material; other appendixes provide answers to sample exam questions and to even-numbered end-of-chapter questions.Text boxes ("curiosities") offer short expositions of related topics.The book can be used as a text for principles of macroeconomics and applied macroeconomics courses, as a supplementary text for a traditional macro-principles course, or for MBA macroeconomics courses.
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Behavioural Sports Economics : A Research Companion
Economists have entered into the realm of sports to provide what they believe to be more cogent explanations for sport-related behaviour and to suggest ways in which incentives can improve sports outcomes.But prices and income, the traditional workhorses of conventional economics, can only provide partial explanations and understandings.Drawing on a bounded rationality approach to behavioural economics, this book demonstrates the analytical insights to be gained by supplementing the conventional economics toolbox with psychological, cognitive, sociological, and institutional factors. The international cast list of contributors cover a wide range of sports topics on which a behavioural approach can reveal new insights.These include preferences, managerial, efficiency, choking, doping, favouritism, athlete well- being, and spectator behaviour.Throughout the book, there is an emphasis on the cognitive limits to smart decision-making as well as the critical role played by the decision-making environment.This volume demonstrates that adopting a bounded rationality approach, complimented with other behaviouralist approaches, helps to better explain sport-related behavioural, sub-optimal behavioural, and market failures.It also provides insights that could be used to improve sports outcomes and the well-being of those involved in sports and to better configure policy to enhance sports performance. This groundbreaking book will be an indispensable reference to students and scholars of sports economics, sports management, and sports science.
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The Economics of Innovation and Intellectual Property
The first comprehensive textbook covering all aspects of the economics of innovation and the role of intellectual property in encouraging or discouraging innovation. Innovation is widely viewed as the engine behind economic growth, and it has assumed increasing importance in contemporary economic research.In The Economics of Innovation and Intellectual Property, Bronwyn H.Hall and Christian Helmers introduce readers to the use of economic analysis for the understanding of technical change and the innovative process, its determinants, and consequences.The authors cover innovation basics, the measurement of returns to innovation for individuals and the economy, and the use of intellectual property protection by innovators.They focus on the various ways patents have been used by industry to secure returns to innovation, as well as the strategic use of patents, and they emphasize present-day technologies including pharmaceuticals, software, and AI.Clearly organized and accessible, The Economics of Innovation and Intellectual Property offers a useful introduction to economics, business, public policy, and legal studies, and provides a comprehensive collection of references and information from a variety of sources across disciplines.It also includes various boxes with definitions and examples, as well as a brief mathematical appendix explaining concepts that may be unfamiliar and an introduction to data sources.
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CLIMATE CHANGE and the road to NET-ZERO : Science - Technology - Economics - Politics
CLIMATE CHANGE and the road to NET-ZERO is a story of how humanity has broken free from the shackles of poverty, suffering, and war and for the first time in human history grown both population and prosperity. It's also a story of how a single species has reconfigured the natural world, repurposed the Earth's resources, and begun to re-engineer the climate. The book uses these conflicting narratives to explore the science, economics, technology, and politics of climate change. NET-ZERO blows away the entrenched idea that solving global warming requires a trade-off between the economy and environment, present and future generations, or rich and poor, and reveals why a twenty-year transition to a zero carbon system is a win-win solution for all on planet Earth.From the Author"I wrote Climate Change and the road to Net-Zero to provide a generalist reader with a clear, comprehensive, and objective take on the issues surrounding climate change and air pollution. The book walks the reader through a history of energy, innovation, and the rise of human civilisation; how scientists have come to understand our past climate and can now forecast future change; the problems economists encounter as they attempt to piece together the potential monetary and social damages from climate inaction; and a technology agnostic assessment of potential climate change solutions (from climate-engineering to mitigation) including their costs, risks, and limitations. The book demonstrates why sustainable technologies such as wind, solar, and batteries get cheaper with scale of production, not time, and why a rapid transition to a fully-fledged net-zero system will end up significantly cheaper than remaining bound to fossil fuels, whilst also avoiding the worst impacts of climate change, and preventing nearly eight million premature deaths each year from air pollution. I hope Climate Change and the road to Net-Zero delivers an understanding of humanity's relationship with Earth that is as intriguing as Simon Lewis and Mark Maslin's The Human Planet, or Yuval Noah Harari's Sapiens. I very much hope too that the book conveys the passion and call to action of David Wallace-Well's The Uninhabitable Earth, coupled with the sober economic analysis of The Climate Casino by William Nordhaus or Capital in the 21st century by Thomas Piketty, and that it provides the technical rigour of Sustainable Energy Without The Hot Air by David MacKay, the rationality of Hans Rosling's Factfulness, and the eternal hope of The Future We Choose by Christiana Figueres and Tom Rivett-Carnac. I believe net-zero will be cheaper, cleaner, safer, more reliable, more sustainable, and will create more employment than if we remain bound to fossil fuels. After reading the book, I hope you will agree."Mathew Hampshire-Waugh, Author.
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What is the difference between economics and political science?
Economics is the study of how individuals, businesses, and governments allocate resources to satisfy their needs and wants. It focuses on the production, distribution, and consumption of goods and services. Political science, on the other hand, is the study of political systems, institutions, and behavior. It examines the theory and practice of politics, including the exercise of power, decision-making processes, and the impact of government policies on society. While economics focuses on the allocation of resources and the functioning of markets, political science examines the role of government and the impact of political decisions on society.
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How can one switch from business education to economics?
To switch from business education to economics, one can start by taking courses in economics to build a foundational knowledge in the subject. It would also be beneficial to seek out internships or work opportunities in economics-related fields to gain practical experience. Additionally, networking with professionals in the economics field and seeking guidance from academic advisors can help in making a successful transition from business education to economics.
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What is the difference between economics and business education?
Economics education focuses on the study of how societies allocate resources to meet their needs and wants, and the impact of those decisions on individuals, businesses, and governments. It includes the study of economic theories, principles, and models to understand how markets work and how economic policies are formulated and implemented. On the other hand, business education focuses on the practical aspects of running a business, including management, marketing, finance, and operations. It prepares students for careers in business by providing them with the skills and knowledge needed to succeed in the corporate world. While economics provides a broader understanding of the economy and its impact on society, business education is more focused on the practical aspects of managing and operating a business.
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What is the difference between Political Science (Powi) and Economics?
Political Science (Powi) is the study of political systems, institutions, behavior, and policies, focusing on how power is distributed and exercised in society. It examines the role of governments, political parties, and international relations. On the other hand, Economics is the study of how societies allocate scarce resources to meet unlimited wants and needs. It focuses on the production, distribution, and consumption of goods and services, as well as the behavior of individuals, businesses, and governments in the economy. While Political Science analyzes political power and decision-making processes, Economics focuses on the allocation of resources and the functioning of markets.
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