This text provides an introduction to the modern theory of economic dynamics, with emphasis on mathematical and computational techniques for modeling... dynamic systems. Written to be both rigorous and engaging, the book shows how sound understanding of the underlying theory leads to effective algorithms for solving real world problems. The material makes extensive use of programming examples to illustrate ideas. These programs help bring to life the abstract concepts in the text. Background in computing and analysis is offered for readers without programming experience or upper-level mathematics. Topics covered in detail include nonlinear dynamic systems, finite-state Markov chains, stochastic dynamic programming, stochastic stability and computation of equilibria. The models are predominantly nonlinear, and the emphasis is on studying nonlinear systems in their original form, rather than by means of rudimentary approximation methods such as linearization. Much of the material is new to economics and improves on existing techniques. For graduate students and those already working in the field, Economic Dynamics will serve as an essential resource.

ECONOMIC EDUCATION FOR CONSUMERS, 4E brings economic, consumer, and personal finance topics to life. Exciting changes to this edition include a bright,... new design and updated information on important changes in technology, banking, and taxes. Organized into several class-length lessons, each chapter contains several features to capture and maintain student interest, such as Consumer Alert, Vote Your Wallet, Inside the Numbers, Math of Money, What in the World?, and NetBookmark.

Hedieh Nasheri investigates the current state of industrial espionage, revealing the far-reaching effects of advances in computing and wireless... communications, in view of the recent revolution in information technology. Synthesizing perspectives from leading national and international authorities, Nasheri analyzes the historical and conceptual foundations of economic espionage, trade secret thefts, and industrial spying. She demonstrates how these activities impact society, and tracks the legislative and statutory efforts to control them. The international ramifications of economic espionage are emphasized and more than 40 accounts of noteworthy cases and episodes are included. Hedieh Nasheri is a professor of Justice Studies at Kent State University and a Visiting Professor at the University of Turku Law school in Finland. She has written and lectured extensively in the areas of law and social sciences and has given a number of invited lectures nationally and internationally on a wide range of policy and law related topics. She is the recipient of several international awards and grants. More recently, she received a grant from the State Department of the United States for studying issues related to "Organized Crime, Terrorism, and Proliferation of Weapons of Mass Destruction" in Central Europe. She was awarded a Visiting Fellowship at the University of London's Institute of Advanced Legal Studies to conduct an investigation on issues related to intellectual property law and its relation to transnational crimes for the International Center at National Institute of Justice. She was a principal consultant on a grant project at Columbia University's National Center on Addiction and Substance Abuse, investigating Internet and international regulatory aspects of diversion and abuse of prescription drugs. Professor Nasheri has authored four books, including Betrayal of Due Process (1998) and Crime and Justice in the age of Court TV (2002). Her work has been cited in the United States Code Annotated with respect to the Economic Espionage Act, by the Blue Ribbon Commission on Jury System Improvement, the Australian Parliament, the United Nations' International Criminal Tribunal, the United Nations Commission on Crime Prevention, and the South African Law Commission. Professor Nasheri's research interests pertain to four related topics: law and Technology, Protection of Trade Secrets and Economic Espionage, Cyber-Crimes, and Comparative Jurisprudence.

Written for people with both technical and on-technical backgrounds, with or without previous evaluation experience, this book is an introduction to the... concepts of time value of money and the related decision criteria used to evaluate investments and, more importantly, the proper application of decision criteria in before-tax and after-tax investment situations. The first six chapters present time value of money and decision criteria on a before-tax basis, addressing the application of economic evaluation criteria to different investment situations and the use of these criteria in light of inflation, risk and uncertainty. Later chapters focus on understanding after-tax cash flow, analyzing projects with after-tax cash flow and the related issues and terminology associated with computing Federal and, in many cases, State income tax liability in the United States. Chapter twelve addresses personal investment considerations including discussion of stocks, equity options, commodity futures and other investments involving life insurance and retirement. While the text has a number of examples from the oil and gas and mining industry, it contains a number of generic scenarios that make it applicable for students in all engineering disciplines as well as those involved in geology, geophysics, business, accounting, finance, management, operations research and virtually anyone interested in economic evaluation issues. Problems at the end of each chapter provide the reader with a comprehensive approach to evaluating economic alternatives.

Engineering Economics Written for people with both technical and on-technical backgrounds, with or without previous evaluation experience, this book is... an introduction to the concepts of time value of money and the related decision criteria used to evaluate investments and, more importantly, the proper application of decision criteria in before-tax and after-tax investment situations. The first six chapters present time value of money and decision criteria on a before-tax basis, addressing the application of economic evaluation criteria to different investment situations and the use of these criteria in light of inflation, risk and uncertainty. Later chapters focus on understanding after-tax cash flow, analyzing projects with after-tax cash flow and the related issues and terminology associated with computing Federal and, in many cases, State income tax liability in the United States. Chapter twelve addresses personal investment considerations including discussion of stocks, equity options, commodity futures and other investments involving life insurance and retirement. While the text has a number of examples from the oil and gas and mining industry, it contains a number of generic scenarios that make it applicable for students in all engineering disciplines as well as those involved in geology, geophysics, business, accounting, finance, management, operations research and virtually anyone interested in economic evaluation issues. Problems at the end of each chapter provide the reader with a comprehensive approach to evaluating economic alternatives.

In Economic Facts and Fallacies, Thomas Sowell exposes some of the most popular fallacies about economic issues in a lively manner that does not require... any prior knowledge of economics. These fallacies include many beliefs widely disseminated in the media and by politicians, such as fallacies about urban problems, income differences, male-female economic differences, as well as economic fallacies about academia, about race, and about Third World countries.Sowell shows that fallacies are not simply crazy ideas but in fact have a certain plausibility that gives them their staying power--and makes careful examination of their flaws both necessary and important.

Economic Foundations of Law (2nd ed.) provides an economic analysis of the major areas of the law: property law, torts, contracts, criminal law, civil... procedure, corporation law and financial markets, taxation and labor law. In line with current trends in legal scholarship, discussion is focused on economic principles such as risk aversion, efficiency, opportunity cost, moral hazard, rent-seeking behaviour and economies of scale. Accessible, comprehensive and well written, this book uses extensive practical examples and explanations to illustrate key points. There are numerous applications to lawyers and the legal profession, with detailed discussions of subjects as diverse as the proposed market for transplantable human organs, the market for adoptions, the market for bail bonds, the unanticipated effects of Megan’s law, and issues of racial profiling. Fully updated and revised, a new chapter on labor law has also been included.

Economic Foundations of Strategy provides not only the essential basic tenets of strategy, it also shows the inter-relationships of five major theories... of the firm: the behavioral theory; transaction costs theory; property rights theory; agency theory; and dynamic resource-based theory.  Even though technological, organizational and institutional change advances breathlessly, the theories of the firm provided in this research book are durable principles that have stood, and the author maintains will continue to stand, the test of time.  Economic Foundations of Strategy emphasizes the complementarities among these five theories of organization, and the potential for integrating these theories in the evolving science of organization. Applications of these theories to business practice are emphasized throughout the book.  

Meet the economic gangster. He's the United Nations diplomat who double-parks his Mercedes on New York City streets at rush hour because the cops can't... touch him--he has diplomatic immunity. He's the Chinese smuggler who dodges tariffs by magically transforming frozen chickens into frozen turkeys. The dictator, the warlord, the unscrupulous bureaucrat who bilks the developing world of billions in aid. The calculating crook who views stealing and murder as just another part of his business strategy. And, in the wrong set of circumstances, he might just be you. In Economic Gangsters, Raymond Fisman and Edward Miguel take readers into the secretive, chaotic, and brutal worlds inhabited by these lawless and violent thugs. Join these two sleuthing economists as they follow the foreign aid money trail into the grasping hands of corrupt governments and shady underworld characters. Spend time with ingenious black marketeers as they game the international system. Follow the steep rise and fall of stock prices of companies with unseemly connections to Indonesia's former dictator. See for yourself what rainfall has to do with witch killings in Tanzania--and more. Fisman and Miguel use economics to get inside the heads of these "gangsters," and propose solutions that can make a difference to the world's poor--including cash infusions to defuse violence in times of drought, and steering the World Bank away from aid programs most susceptible to corruption.In a new postscript, the authors look at how economists might use new tools to better understand, and fight back against, corruption and violence in the aftermath of the 2008 financial crisis. Take an entertaining walk on the dark side of global economic development with Economic Gangsters.

Provides readers with a solid background in the theories of economic geography, while examining contemporary issues. Updated edition integrates new... recent research on industrial geography using information published within the last ten years with an added global emphasis. Features a new chapter on interdependent global economies and improved figures and graphics, including updated tables throughout the text.

Economic Geography is a comprehensive introduction to this growing field, providing students with a vibrant and distinctive geographical insight into... the economy.Contrasts a distinctively geographical approach with popular conceptions and assumptions in economics and management studies Debates a wide range of topics including economic discourses, uneven development, commodity chains, technology and agglomeration, the commodification of nature, states, transnational corporations, labour, consumption, economic cultures, gender, and ethnic economies Is richly illustrated with examples, vignettes, and case studies drawn from a variety of sectors around the world Is written in a clear, engaging and lively style Includes a rich array of photos, figures, text boxes, sample essay questions and annotated lists of further reading

Economic Geography is a comprehensive introduction to this growing field, providing students with a vibrant and distinctive geographical insight into... the economy.Contrasts a distinctively geographical approach with popular conceptions and assumptions in economics and management studies Debates a wide range of topics including economic discourses, uneven development, commodity chains, technology and agglomeration, the commodification of nature, states, transnational corporations, labour, consumption, economic cultures, gender, and ethnic economies Is richly illustrated with examples, vignettes, and case studies drawn from a variety of sectors around the world Is written in a clear, engaging and lively style Includes a rich array of photos, figures, text boxes, sample essay questions and annotated lists of further reading