Derived from an undergraduate course taught by the author, this accessible book seeks to challenge and provoke readers by posing a series of topical questions concerning climate change and society. Topic summaries provide answers to technical, socio-economic and moral questions surrounding the deployment of climate science. These include how to build and test a climate model, whom and what is most at risk from climate change, and whether we should geoengineer the climate. Practical exercises and case studies provide deeper insights by taking readers through role-play activities and authentic climate change projects. Supporting materials, including notes for instructors and students, graphics, video-clips, games, and online resources, offer scope for further private study and group work. With a focus on applying climate science in practice, this book is ideal for students of geography, natural science, engineering and economics, as well as practitioners involved in the climate service i
Why are poor countries poor and rich countries rich? How are wealth and poverty related to changes in health, life expectancy, education, population growth and politics? This non-technical introduction to development studies explores the dynamics of socio-economic development and stagnation in developing countries. Thoroughly updated and revised, this second edition includes new material on the effects of the 2008 financial crisis, the emergence of the BRICS economies, the role of institutions in development and the accelerated growth of economies in Africa and Asia. Taking a comparative approach, Szirmai places contemporary debates within their broader contexts and combines insights and theories from economics, economic history, political science, anthropology and sociology. Each chapter includes comparative statistics and time series for thirty-one developing countries. Assuming no prior knowledge of economics, this book is well-suited for students in interdisciplinary development st
Why are poor countries poor and rich countries rich? How are wealth and poverty related to changes in health, life expectancy, education, population growth and politics? This non-technical introduction to development studies explores the dynamics of socio-economic development and stagnation in developing countries. Thoroughly updated and revised, this second edition includes new material on the effects of the 2008 financial crisis, the emergence of the BRICS economies, the role of institutions in development and the accelerated growth of economies in Africa and Asia. Taking a comparative approach, Szirmai places contemporary debates within their broader contexts and combines insights and theories from economics, economic history, political science, anthropology and sociology. Each chapter includes comparative statistics and time series for thirty-one developing countries. Assuming no prior knowledge of economics, this book is well-suited for students in interdisciplinary development st
This book provides detailed yet easily understandable information about sustainable energy alternatives in the context of growing public concern about climate change, the impending fuel crisis and environmental degradation. It deals with the history of energy use and the factors that have led to the current interest in energy alternatives, and assesses the chance of renewable energy replacing fossil fuels in the future. The authors manage to make a highly complex and often intimidating subject not only accessible but also engaging and entertaining. This book unpacks but never simplifies the science of energy, leavening the more technical passages with anecdotes, metaphors, examples and imagery. By also dealing with the history, politics and economics of energy use, it offers both scientific and non-scientific readers a deeper understanding of the most important issue of our age.
This book provides detailed yet easily understandable information about sustainable energy alternatives in the context of growing public concern about climate change, the impending fuel crisis and environmental degradation. It deals with the history of energy use and the factors that have led to the current interest in energy alternatives, and assesses the chance of renewable energy replacing fossil fuels in the future. The authors manage to make a highly complex and often intimidating subject not only accessible but also engaging and entertaining. This book unpacks but never simplifies the science of energy, leavening the more technical passages with anecdotes, metaphors, examples and imagery. By also dealing with the history, politics and economics of energy use, it offers both scientific and non-scientific readers a deeper understanding of the most important issue of our age.
Econometrics can at first appear a highly technical subject, but it can also equip the practitioner with a useful skillset of smart ways to formulate research questions and collect data. Enjoyable Econometrics applies econometric methods to a variety of unusual and engaging research questions, often beyond the realm of economics, demonstrating the great potential of using such methods to understand a wide range of phenomena. Unlike the typical textbook approach, Enjoyable Econometrics follows in the footsteps of Freakonomics by posing interesting questions first before introducing the methodology to find the answers. Therefore, rather than equation-heavy sections based around complex methodologies, the reader is presented with chapters on 'Money' and 'Fashion, Art and Music'. Franses writes in a way that will enthuse and motivate the economics student embarking upon the essential study of econometrics. Indeed, the book shows that econometric methods can be applied to almost anything.
The essays in this book discuss human behavior and the institutions of capitalism. The essays are non-technical and are written so as to be accessible to students of all disciplines and to all other persons interested in capitalism and in economic behavior. They often present unconventional views of the topics they discuss. Those containing unconventional views discuss self-interested behavior, selfish gene theory, the meaning and social function of private ownership, the externality problem, the nature of the firm and the rise of capitalism. The essays are not meant to be a textbook, but they offer a useful supplementary reading source for courses in business, economics and law that deal with human behavior in the marketplace and with capitalism, ownership, markets and firms.
During the last two centuries, the way economic science is done has changed radically: it has become a social science based on mathematical models in place of words. This book describes and analyses that change - both historically and philosophically - using a series of case studies to illuminate the nature and the implications of these changes. It is not a technical book; it is written for the intelligent person who wants to understand how economics works from the inside out. This book will be of interest to economists and science studies scholars (historians, sociologists and philosophers of science). But it also aims at a wider readership in the public intellectual sphere, building on the current interest in all things economic and on the recent failure of the so-called economic model, which has shaped our beliefs and the world we live in.
"As demand for data increases, Smart Data Pricing fills a market void in information on telecommunication economics. The book carefully addresses technical issues and workplace policies, system develo
Economists have begun to make much greater use of experimental methods in their research. The award of the Nobel Prize in 2002 to Vernon Smith confirmed that the use of such methods is now seen as an important and credible part of the economist's toolkit. In Experiments and Competition Policy, leading scholars in the field of experimental economics survey the use of experimental methods and show how they can help us to understand firm behaviour in relation to various forms of competition policy. Chapters are organized in terms of the main fields of competition policy - collusion, abusive practices and mergers - and there is also a separate section dealing with auctions and procurement. Written in a clear and non-technical style, this volume is an excellent introduction to what the increasingly important field of experimental economics can bring to the theory and practice of competition policy.
This book presents a framework to reconceptualize internet governance and better manage cyber attacks. It examines the potential of polycentric regulation to increase accountability through bottom-up action. It also provides a synthesis of the current state of cybersecurity research, bringing features of cyber attacks to light and comparing and contrasting the threat to all relevant stakeholders. Throughout the book, cybersecurity is treated holistically, covering issues in law, science, economics and politics. This interdisciplinary approach is an exemplar of how strategies from different disciplines as well as the private and public sectors may cross-pollinate to enhance cybersecurity. Case studies and examples illustrate what is at stake and identify best practices. The book discusses technical issues of Internet governance and cybersecurity while presenting the material in an informal, straightforward manner. The book is designed to inform readers about the interplay of Internet go
This book explains how changing technology and economizing behaviour induce vast changes in productivity, resource allocation, labour utilization, and patterns of living. Economic growth is seen as a process by which businesses, regimes, countries, and the whole world pass through distinct epochs, each one emerging from its predecessor, each one creating the conditions for its successor. Viewed from a long-run perspective, growth must be characterized as an explosive process, marked by turbulent transitions in social and political life as societies adapt to new opportunities, the demise of old ways of living, and to the vast increase and redistribution of human populations. The book is based on a synthesis of classical economics and contemporary concepts of adaptation and economic evolution. Although it is based on analytical methods, the text has been stripped of all equations and with few exceptions is devoid of technical jargon.
This is a volume of papers organized by Professor Leontief for the 1976 meeting of the Economics section of the British Association for the Advancement of Science. After a paper by Professor Leontief applying input-output to the future of the world economy, other papers consider prices, regional problems, material supplies, urban problems, technical progress, unemployment and energy policy. There are two papers with a broader view of the British economy, one surveying government policy on the industrial structure of the economy and one considering the use of input-output for monitoring the development of the economy.
Modern textbook presentations of production economics typically treat producers as successful optimizers. Conventional econometric practice has generally followed this paradigm, and least squares based regression techniques have been used to estimate production, cost, profit and other functions. In such a framework deviations from maximum output, from minimum cost and cost minimizing input demands, and from maximum profit and profit maximizing output supplies and input demands, are attributed exclusively to random statistical noise. However casual empiricism and the business press both make persuasive cases for the argument that, although producers may indeed attempt to optimize, they do not always succeed. This book develops econometric techniques for the estimation of production, cost and profit frontiers, and for the estimation of the technical and economic efficiency with which producers approach these frontiers. Since these frontiers envelop rather than intersect the data, and sin
In these three essays, Professor Granger explains the process of constructing and evaluating an empirical model. Drawing on a wide range of cases and vignettes from economics, finance, politics and environment economics, as well as from art, literature, and the entertainment industry, Professor Granger combines rigour with intuition to provide a unique and entertaining insight into one of the most important subjects in modern economics. Chapter 1 deals with Specification. The process of specifying a model is discussed using deforestation in the Amazon region of Brazil as an illustration. Chapter 2 considers Evaluation, and argues that insufficent evaluation is undertaken by economists, and that models should be evaluated in terms of the quality of their output. In Chapter 3, the question of how to evaluate forecasts is considered at several levels of increasing depth and using a more sophisticated, technical approach than in the earlier two chapters.
Fundamentals of Environmental Studies is taught as a compulsory paper to first-year undergraduate students across major technical universities in India. This book introduces the fundamental principles and concepts of environmental science, ecology and related interdisciplinary subjects, such as policy, law, pollution control, economics and natural resource management. It covers a wide range of topics and issues including biodiversity, global warming, acid rain, ozone layer depletion, nuclear accidents, nuclear holocaust, disaster management, manipulation of various natural resources including water, land, forests, food and mineral resources, and the problems associated with natural resource management. It also analyzes different types of ecosystems, biochemical cycles and laws of thermodynamics and provides easy-to-understand examples. In addition, the book offers separate chapters on various types of environmental pollution and waste management, including waste water treatment, solid
Now revised and updated and containing several entirely new chapters, this book provides a comprehensive introduction to political philosophy. It discusses historical and contemporary figures and covers a vast range of topics and debates, including immigration, war, national and global economics, the ethical and political implications of climate change, and the persistence of racial oppression and injustice. It also presents accessible, non-technical discussions of perfectionism, utilitarianism, theories of the social contract, and the Marxian tradition of social criticism. Real-life examples introduce students to ways of using philosophical reflection and debates, and open up new perspectives on politics and political issues. Throughout, this book challenges readers to think critically about political arguments and institutions that they might otherwise take for granted. It will be a vital and provocative resource for any student of philosophy or political science.
In this book the author examines and ultimately rejects the conventional economic view that workers who have more dangerous jobs accept their risks voluntarily and are compensated through higher wages. In doing so, he attacks widely used techniques for assigning a monetary value to human life for cost-benefit analysis and other purposes. Arguments are drawn from the history of occupational safety and health, econometric analysis of wage and risk data, and formal models of the labour market. In place of the conventional view, Peter Dorman proposes a view based on new work in decision theory (thick rationality) and the theory of repeated games. These insights are combined with comparative policy analysis to support an approach to risk that promotes both regulatory effectiveness and democratic values. Despite its technical content, the book is written in highly accessible style, and is concerned with matters of general interest in the development of critical social science.
Commodity markets are of considerable interest and importance to economists, econometricians and dealers. This book reports the proceedings of an international conference on 'Primary Commodity Prices: Economic Models and Policy', held in London under the auspices of the Centre for Economic Policy Research in March 1989. A range of papers by leading international authorities covers topics such as expectations formation in econometric commodity market models; price determination in the market for aluminium; the estimation of dynamic disequilibrium models with rational expectations; and a comparison of forward markets and buffer stocks as commodity earnings stabilizers. A key feature of this stock is its development of the policy implications of theoretical and empirical work in the field of commodity economics. Most papers are accompanied by discussant's comments to draw out their technical and policy implications. The book's readership will include commodity economists, commodity market
India was the Soviet Union's most important trading partner among the less developed countries (LDCs) and the largest recipient of Soviet aid to non-socialist LDCs. Similarly the Soviet Union is one of India's largest trade partners. In this 1991 book, Santosh Mehrotra presents a comprehensive study of this trading relationship and the transfer of technology from the Soviet Union. He begins by outlining Indian economic strategy since the 1950s and the role of Soviet and East European technical assistance. Part II examines Soviet technological transfer to India since 1955. The final chapters analyse Indo-Soviet trade in the 1970s and 1980s, covering payment arrangements and bilateral trading. The book is an exhaustive analysis of economic relations between an industrialised planned economy and a developing market economy. It will therefore become essential reading for students and specialists of development economics and international relations as well as for government and institutiona
