Language : English
Published : 2018-01-10
Pages : 288
Have you ever wondered whether individuals born in the year of the Dragon are truly blessed? Or why you can’t find a taxi when you need one? What about the effects of superstitious beliefs on housing prices? Kiasunomics©explores these issues and more in a series of stories through the lens of Teng, the protagonist of this book. Told in a conversational story-telling style yet grounded on rigorous research, the book explains the influences and outcomes of the decisions we make, using simple economic logic.
The book follows the life journey of Teng from birth to adulthood how seemingly innocuous decisions bear economic consequences on his life. It starts with the decision by Teng’s parents to have him as a Dragon baby and shows how this decision affects not only his education but also his career and spending in the long term. The grown-up Teng in later chapters, is a taxi driver who learns that the daily budgeting of finances from many of his taxi-driving friends has proven to be poor financial planning. The story also shows how his purchase of a flat based on superstitious beliefs, and its location near a primary school and a Mass Rapid Transit station influences prices, and with some surprising results.
This book touches the man on the street with issues that many Singaporeans can identify with. These include how Singaporeans’ shopping in Johor affects their spending and savings; how different shoppers respond variedly to predictable promotions such as the Great Singapore Sale; how the haze or a mere nearby construction site affects water and electricity consumption; how playing golf elevates women’s opportunities to sit on corporate boards; how Singaporeans’ travel patterns are affected by their opinion towards public transportation; and how retirement poses financial challenges in silver years. These and many more are unravelled in the 20 stand-alone chapters through the authors’ application of their research findings to day-to-day issues.
Kiasunomics© brings to light that research can be made relevant to our daily living. Research helps us make sense of what we do and with that, we can learn to make better decisions for a smarter thinking nation.
Pre-Order (3-4 weeks)
In line with changes to the Economics syllabus whereby Microeconomics and Macroeconomics are currently taught as separate subjects, the topics in the book relevant to these two areas have been clearly demarcated. Also, to reflect the wider coverage of each topic in the new syllabus, the existing contents have been revised.
Part 1 Microeconomics
- Chapter 1. Introduction to Economics
- Chapter 2. Theories of Demand and Supply
- Chapter 3. Market Equilibrum
- Chapter 4. Consumer Behaviour
- Chapter 5. Elasticity of Demand and Supply
- Chapter 6. Theory of Production and Production Costs
- Chapter 7. Market Structures
Part 2 Macroeconomics
- Chapter 8. Introduction to Macroeconimcs*
- Chapter 9. National Income Accounting
- Chapter 10. National Income Equilibrium
- Chapter 11. Economic Functions and Government Policy*
- Chapter 12. Money and Banking
- Chapter 13. Macroeconomic Problem (Business Cycle, Unemployment and Inflation)
- Chapter 14. International Trade*
- Chapter 15. International Finance*
Macroeconomics: Principles and Practice Asia Pacific Edition with Student Resources Access for 12 Months 1st Edition
Macroeconomics, under the authorship of Bruce Littleboy. Littleboy adapts Taylor’s revised reflections on the global financial crisis and how businesses are recovering. Examples of current events from Australia and New Zealand help explain how discussions on the role of the government can affect the economy. Macroeconomics: Principles and Practice is concerned with concepts, intuition and understanding, which sets it apart from competitor texts. Short run approach is introduced first, but there is an early introduction of the long-run, with Taylor’s Spending Allocation Model appearing towards the end.
About the Author
Jeffrey M. Wooldridge is a University Distinguished Professor of Economics at Michigan State University, where he has taught since 1991. From 1986 to 1991, he served as Assistant Professor of Economics at the Massachusetts Institute of Technology. Dr. Wooldridge has published more than three dozen articles in internationally recognized journals, as well as several book chapters. He is also the author of ECONOMETRIC ANALYSIS OF CROSS SECTION AND PANEL DATA. His work has earned numerous awards, including the Alfred P. Sloan Research Fellowship, the Multa Scripsit award from Econometric Theory, the Sir Richard Stone prize from the Journal of Applied Econometrics, and three graduate teacher-of-the-year awards from MIT. A fellow of the Econometric Society and of the Journal of Econometrics, Dr. Wooldridge has been editor of the Journal of Business and Economic Statistics and econometrics co-editor of Economics Letters. He has also served on the editorial boards of the Journal of Econometrics and the Review of Economics and Statistics. Dr. Wooldridge received his B.A. with majors in computer science and economics from the University of California, Berkeley, and received his Ph.D. in economics from the University of California, San Diego.
Commerce.dot.com has been fully revised and updated, while retaining its original features that proved so popular. It incorporates the four core topics of the NSW Commerce syllabus: consumer choice, personal finance, law and society, and employment issues, while providing plenty of examples to consolidate student understanding. Knowledge, understanding and skills are developed using a variety of resources, from conventional to ICT-based activities. The text and associated activities encourage students to achieve a level of financial literacy necessary to operate effectively in a commercial environment. Values and attitudes are also explored to assist students in making considered decisions about present and future financial matters. The printed book is also available as a digital NelsonNetbook. The NelsonNetbook is free to schools who adopt (booklist) the series, or it can be purchased separately.