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[E-BOOK] Economics, 2nd Edition

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2014 Annual Indices for Expatriates and Ordinary Residents on Cost of Living, Wages and Purchasing Power for World’s Major Cities

There has been broad-base growth in wealth for cities all over the world, albeit increasingly unequal within and across cities. Some cities tend to grow faster than others, especially those emerging cities in Asia. We tend to observe longer periods of economic expansions compared to downturns with increasing volatility due to external shocks as cities are also increasingly open and interconnected. Such volatility would mean a less stable macroeconomic environment for cities causing fluctuations in prices and unemployment, as well as shares between private and public consumption. Cost of living, wages and purchasing power therefore become important key benchmark indicators to track and monitor the basic living standard for cities, not just by employers and employees; they matter even more for policymakers, multinational corporations and government of the day, politically. This book is thus a valuable compendium studies on 109 major cities around the world whereby the cost of living, wage and purchasing power indices were tracked and monitored, for both average residents and expatriates, which tend to be vastly different. Annual Indices for Average Residents and Expatriates is currently the only publication that provides comparable data on cost of living across cities for both average residents and expatriates. Cost of living analysis on the latter, widely available in published works, is often mistaken or confused as on the former! This book provides a tool to analyse questions of the differences in the cost of living in cities across the globe between ordinary city dwellers and professionals who work abroad.

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9834500335

Microeconomics is a textbook for undergraduate students who are taking a paper in Microeconomics at an undergraduate level. This book highlights the business practices in Asia and Malaysia. This book is tailored for Malaysian students where the book is written in simple English to ensure that students are able to grasp the fundamental economics concepts and theories as well as understand Economics from an Asian perspective.
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A Beginner’s Guide to Economic Research and Presentation

Conducting good research is critical to any student today. Writing good research papers is equally important – yet many students have not been given the proper tools to convey cogently the results of their research. This book is for you or anyone who needs a step-by-step approach to the writing of a research paper in the field of economics. Most books concerned with research writing are broadly applied. They approach the subject generally, which is to say that they don’t lay out a particular path to conducting research. Yet a specific path offering a specific focus to writing research is exactly what is needed for most students. This book provides that focus. For example, this book doesn’t cover a dozen different search engines to perform a literature review; it specifies only EconLit. Nor are you left to decide what scholarly publications are important ones to review; the book emphasizes only the use of journal impact factors found through RePEc to rank journal articles and their importance to the literature at large. Whereas other books provide an overview of how to present research, with only cursory suggestions and tips, inside this book, the authors provide precise details on all aspects of research writing, including how many PowerPoint slides one should prepare for presentations and how much content should be on each slide. In short, unlike other books, this book provides a specific approach to conducting research, writing a paper, and presenting its material.

About the Author

Jeffrey A. Edwards Greensboro, NC, Professor of Economics, North Carolina A&T State University

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A Beveridge Reader

The editors have chosen substantial extracts to illustrate the major themes and ideas in Beveridge’s writing over a period of more than four decades, ranging from his book Unemployment, published in 1909, to the Beveridge Report of 1942 and beyond. Sections cover his social philosophy; the crucial role he attributed to social insurance as a technique of welfare; his relation to economics; and the stress he placed on voluntary action in a free society. Each theme is introduced by a full editorial commentary which explains its place in Beveridge’s thought, as well as outlining his position and offering critical guidance to the reader. The return of mass unemployment and continuing debate on the role of the welfare state has revived interest in Beveridge’s work and this reader brings his ideas.

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A Brighter Future: Improving the Standard of Living Now and for the Next Generation

As the United States continues its slow climb out of the Great Recession, it is important to focus on new directions to improve the standard of living in America. This book explores what is behind a faltering standard of living in the United States since the early 1980s and what can be done to restore it. The book is uniquely valuable in going beyond mainstream thinking about how to restore prosperity. Economics has traditionally equated economic growth (increases in per capita income) with improvements in quality of life and the standard of living. This book questions that assumption. The different chapters in the book show the standard of living as being more than income, to include many non-market aspects such as access to public goods (roads, clean air and water, schools, parks, and museums), intangible aspects of quality of life such as equity and a sense of community, and broadly based economic opportunities. This means that improving the standard of living is a multi-dimensional challenge rather than one of solely increasing aggregate demand, productivity, or GDP. This book embodies a pluralistic approach and draws on the expertise of a wide array of thinkers. The intended audience is for various courses offered in economics, sociology, political science, public policy programs, and in environmental and ecological studies.

About the Author

Richard P. F. Holt is professor of economics at Southern Oregon University. Daphne T. Greenwood is professor of economics and director of the Colorado Center for Policy Studies at the University of Colorado, Colorado Springs.

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A Concise Guide to Macroeconomics: What Managers, Executives, and Students Need to Know

Now more than ever before, executives and managers need to understand their larger economic context. In A Concise Guide to Macroeconomics, David Moss leverages his many years of teaching experience at Harvard Business School to lay out important macroeconomic concepts in engaging, clear, and concise terms. In a simple and intuitive way, he breaks down the ideas into “output,” “money,” and “expectations.” In addition, Moss introduces powerful tools for interpreting the big-picture economic developments that shape events in the contemporary business arena. Detailed examples are also drawn from history to illuminate important concepts. This book is destined to become a staple in MBA courses–as well as the go-to resource for executives and managers at all levels seeking to brush up on their knowledge of macroeconomic dynamics.

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A Corporate Welfare Economy

Although political rhetoric and public perception continue to assume that the United States is the very definition of a free market economy, a different system entirely has in actuality come to prominence over the past half century. This Corporate Welfare Economy (CWE) has come about as government come increasingly under the influence of corporate interests and lobbyists, with supposedly equalising factors such as regulation skewed in order to suit the interests of the privileged while an overwhelming majority of US citizens have experienced a decline in their standard of living. James Angresano examines the characteristics of this mode of capitalism, both from the theoretical point of view but also with key reference to the different sectors of the economy – trade, manufacturing, industry and defense among them.

About the Author

James Angresano is a retired professor of economics. He has taught and done research at colleges and universities in the United States and throughout Europe, China, and Egypt.

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A Dictionary of Economics

An authoritative and comprehensive dictionary containing clear, concise definitions of over 3,400 key economic terms, this A to Z covers all aspects of economics including economic theory, applied microeconomics and macroeconomics, labour economics, public economics and public finance, monetary economics, and environmental economics. There is strong coverage of international trade and many entries on economic organizations and institutions from around the world. Fully revised to keep up-to-date with this fast-moving field, this new edition expands the coverage to include terms relevant to the financial crisis, such as black swan, credit crunch, Northern Rock, and Iceland, making this dictionary the most up-to-date available. Entries are supplemented by entry-level web links, which are listed and regularly updated on a companion website, giving the reader the opportunity to explore further the areas covered in the dictionary. Useful appendices include a list of institutional acronyms and their affiliated websites, a list of Nobel prize-winners in economics, the Greek alphabet, and a list of relevant websites. As ideal for browsing as it is useful for quick reference, this dictionary remains an essential guide for students and teachers of economics, business, and finance, as well as for professional economists and anyone who has to deal with economic data.

About the Author

Gareth Myles is Professor of Economics at the University of Exeter and a Research Fellow of the Institute for Fiscal Studies. His main research areas are public economics, labour economics, and microeconomics. His publications in these areas include the textbooks Public Economics (1995) and Intermediate Public Economics (2006). He also is an Academic Adviser to HM Treasury and HM Revenue and Customs.

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A Global Perspective on the European Economic Crisis

The financial and economic crisis in Europe is not over, and the radically opposing strategies on how to proceed has only increased the complexity of problems in the region, revealing the shortcomings of the EU’s architecture. The European Union, perhaps for the first time in its history of more than seventy years, is being perceived as a threat to the financial and monetary stability of the world. A Global Perspective on the European Economic Crisis explores the connection between internal EU actions and institutions and the external factors that influence the ongoing response to the European crisis. With a unique collection of international and interdisciplinary essays, this book considers the complex macroeconomic and challenging political landscape of Europe, looking at how and why the European Union is untenable in its current state. The chapters outline what should be done to make the common currency area more resilient, and explain why external events are particularly problematic for the EU, ultimately offering suggestions for what Europeans should do in order to avoid harmful internal consequences. This volume confronts the causes of the crisis’ persistence, its economic and political consequences, and the impact of more recent events and policy decisions. It will be of interest to researchers and policy-makers keen to understand the EU relations and the influence of international organizations in the European economic crisis.

About the Author

Bruno Dallago is Professor of Economics and Director of the Research Unit on Local Development at the University of Trento, Italy. Gert Guri is External Lecturer of two International Master Programs at the University of Trento and Link Campus University of Rome, Italy. John McGowan is a Professor of English and Comparative Literature at the University of North Carolina, USA.

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