Economics for Life: 101 Lessons You Can Use Everyday

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  • Edition: 1st
  • Format: Paperback
  • Copyright: 2005-02-01
  • Publisher: South-Western College Pub
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Economics for Lifeis a book about real-world applications for economics. In addition to applications, the text contains critiques of common economic fallacies, paradoxical economic results, and solutions to economic mysteries that are sure to interest students. Ideal when paired with Boyes/Melvin or Taylor principles texts,Economics for Lifehelps students use economic concepts to better understand the world around them. Instructors will find that the book serves as a valuable resource for delivering a more applications-based Principles (or Economics 101) course. The result is a more relevant, interesting, and successful learning experience for everyone!

Table of Contents

Using Economics to Make Better Decisions
Make Better Personal Decisions
Attending College
Selecting a College
Working While in College
Selecting a Major and Career
Choosing Where to Live
Buying a Car
Buying or Selling a House
Buying Insurance
Borrowing and Using a Credit Card
Saving and Investing
Playing the Stock Market
Raising Kids
Asking and Getting a Raise
Spending Your "Free" Time
Make Better Business Decisions
Should You Start a Business?
What Product Should You Sell?
How Much of Your Product Should You Sell?
What Price Should You Charge?
Hiring Employees
Managing Employees
When Should Your Business Be Open?
How Much Should You Advertise?
When Should You Close Your Business?
Using Economics to Understand the World
Dispel Myths and Detect Bologna: Common Fallacies That Need Debunking
Economics Is About Money
Money Is the Key to Happiness
Poverty Has Been Eliminated in the United States
War Is Good for an Economy
Automation and New Technologies Cost the U.S. Jobs
Immigration Costs the U.S. Jobs
International Trade Costs the U.S. Jobs
Outsourcing of Work Costs the U.S. Jobs
Sweat Shops Exploit Workers in Poor Countries
Trade Deficits Are a Sign of a Weak Economy
Running Up the National Debt Must Burden Future Generations
Contributors to Social Security Eventually Get Their Money Back
The President Should Get the Credit or Take the Blame for the Economy
Money Is Backed by Gold
Money Is Created by Revving Up the Printing Presses
Inflation Is Bad Because It Raises Everyone\'s Cost of Living
Some Places Are a Lot Better to Live in Than Others
Manufacturers Make Products That Wear Out So They Can Sell More
It Is More Fair to Tax Corporations Than People
Monopolies Charge Any Price They Want and Are Always Bad
Saving One Life Is Worth Any Cost
The Right to Freedom Is Inalienable and Priceless
We Are Running Out of Natural Resources
Recycling Paper Saves Trees
Oil Companies Gouge Consumers at the Pump
Stock Brokers Can Help You Pick Winner Stocks
Criminals Are Irrational
The News Is "Fair and Balanced"
Solve Riddles and Mysteries: Why the World Is as It Is
Why Are Americans Getting Heavier?
Why Is It Rational to Be Ignorant Sometimes?
Why Don\'t More People Vote?
Why Is the Divorce Rate Greater for Celebrities?
Why Are Families Getting Smaller?
Why Do White Men Make More Money Than Women and Minorities?
Why Does Democracy Sometimes Fail?
Why Do "Special Interests" Prevail Even When Almost Everyone Loses?
Why Have Socialist Economies Virtually Disappeared?
Why Did the Price of a Newspaper Rise by 2 Billion Percent in Two Years?
Why Are You Better Off Than the Richest Person Whoever Lived?
Why Are Buffalos Nearly Extinct and Cows So Plentiful?
Why Are Diamonds More Expensive Than Water?
Why Do Giants Whose Job Is to Put a Ball in a Hoop Make So Much Money?
Why Should the World\'s Best Furniture Mover Never Move Furniture?
Why Should Farmers Hate Years When the Weather Is Great for Farming?
Why Does the Government Pay Farmers Not to Grow Crops?
Why Would People Be Worse Off If They Were Given a Million Dollars?
Why May People Lower Their Savings If They All Try to Save More?
Why Do Airlines Care If You Stay Over a Saturday Night?
Why Do Students Get Discounts for Movie Tickets but Not for Popcorn?
Why Are There Too Many Lawyers?
Why Did the Tobacco Industry Support a Ban on Cigarette Advertising?
Why Might Seat Belts Kill People?
Why Might Airline Safety Regulations Increase Accident Fatalities?
Why Might Pesticides Be Good for Your Health?
Why Don\'t Laws That Mandate Benefits for Workers Benefit Workers?
Why Do Self-Interested Businesspeople Serve the Public Interest?
Why in a World with Billionaires Do
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