The Economic Naturalist: In Search of Explanations for Everyday Enigmas - Softcover

Frank, Robert

Softcover

ISBN 10: 0465003575 ISBN 13: 9780465003570

Verlag: Basic Books, 2008

Inhaltsangabe

Book by Frank Robert H

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Reseña del editor

Why do the keypads on drive-up cash machines have Braille dots? Why are round-trip fares from Orlando to Kansas City higher than those from Kansas City to Orlando? For decades, Robert Frank has been asking his economics students to pose and answer questions like these as a way of learning how economic principles operate in the real world-which they do everywhere, all the time. Once you learn to think like an economist, all kinds of puzzling observations start to make sense. Drive-up ATM keypads have Braille dots because it's cheaper to make the same machine for both drive-up and walk-up locations. travellers from Kansas City to Orlando pay less because they are usually price-sensitive tourists with many choices of destination, whereas travellers originating from Orlando typically choose Kansas City for specific family or business reasons. The Economic Naturalist employs basic economic principles to answer scores of intriguing questions from everyday life, and, along the way, introduces key ideas such as the cost-benefit principle, the no cash on the table" principle, and the law of one price. This is as delightful and painless a way to learn fundamental economics as there is.

Biografía del autor

Robert H. Frank is the Henrietta Johnson Louis Professor of Management and Professor of Economics at Cornell University's Johnson Graduate School of Management. His Economic Scene" column appears monthly in the New York Times. His previous books include The Winner-Take-All Society (with Philip Cook), Luxury Fever, and Principles of Economics (with Ben Bernanke). Frank's many awards include the Apple Distinguished Teaching Award and the Leontief Prize for Advancing the Frontiers of Economic Thought. He lives in Ithaca, New York.

Über diese Auflage

• Verlag: Basic Books
• Erscheinungsdatum: 2008
• ISBN 10: 0465003575
• ISBN 13: 9780465003570
• Einband: Tapa blanda
• Anzahl der Seiten: 240