Designed as an introduction to general economics for non-majors, this book presents economic concepts as useful tools to analyze contemporary social issues. Each chapter presents the concepts, then places them within the context of current issues facing society. The text may also be used to supplement principles courses with lively social issues to add relevance to the economic principles being taught. Economics of Social Issues has garnered a loyal user following for its timely and impartial handling of current social issues which dominate newspapers and television news. While the issues are contemporary and the supporting information updated, the authors remain objective.
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1. Alleviating Human Misery: The Role of Economic Reasoning
2. Economic Systems, Resource Allocation, and Social Well-Being: Lessons from China’s Transition
3. Government Control of Prices in Mixed Systems: What Are the Actual Outcomes
4. Pollution Problems: Must We Foul Our Own Nests?
5. Economics of Crime and Its Prevention: How Much Is Too Much?
6. The Economics of Education: Crisis and Reform
7. Poverty Problems and Discrimination: Why Are So Many Still So Poor?
8. The Economics of Big Business: Who Does What to Whom?
9. The Economics of Professional Sports: What Is the Real Score?
10. Protectionism Versus Free Trade: Can We Restrict Ourselves into Prosperity?
11. Unemployment Issues: Why Do We Waste Our Labor Resources?
12. Inflation: How to Gain and Lose at the Same Time
13. Economic Growth: Are We Living in a “New Economy”?
14. Government Spending, Taxing, and the National Debt: Who Wins and Who Loses?
15. Social Security and Medicare: How Secure Is Our Safety Net for the Elderly?
Glossary
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