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Topic: Principles of Economics

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  NCEE | EconomicsAmerica® | National Standards
The National Council on Economic Education (in partnership with the National Association of Economic Educators and the Foundation for Teaching Economics) has produced a set of curriculum standards based on the essential principles of economics, titled Voluntary National Content Standards in Economics.
The principles of economics bear directly on the ordinary business of life, affecting people in their roles as consumers and producers.
The key skills students must develop in economics include an ability to: (a) identify economic problems, alternatives, benefits, and costs; (b) analyze the incentives at work in an economic situation; (c) examine the consequences of changes in economic conditions and public policies; (d) collect and organize economic evidence; and (e) compare benefits with costs.
www.economicsamerica.org /standards   (593 words)

US Society for Ecological Economics (USSEE): provides a holistic and comprehensive venue for the educational challenge of communicating the scope of the economic, social and environmental crises we as a nation are facing (causing) and the policy options we have available for dealing with them.
Journal of Economic Issues: JEI is an international journal of institutional and evolutionary economics, publishing articles that deal with basic economic problems, economic policy, methodology, the organization and control of economies, and specialized fields of economics.
Economics and Philosophy: The disciplines of economics and philosophy each possess their own special analytical methods, whose combination is powerful and fruitful.
www.facstaff.bucknell.edu /gschnedr/WORKSHOP.htm   (5456 words)

 Principles of Economics - Wikipedia, the free encyclopedia
Principles of Economics (Grundsätze der Volkwirthschaftslehre) is a book by economist Carl Menger which is credited with the founding of the Austrian School of economics.
Menger stressed uncertainty in the making of economic decisions, rather than relying on "homo oeconomicus" or the rational man who was fully informed of all circumstances impinging on his decisions.
Most importantly he fundamentally rejected the use of mathematical methods insisting that the function of economics was to investigate the essences rather than the specific quantities of economic phenomena.
en.wikipedia.org /wiki/Principles_of_Economics   (460 words)

 Principles of Economics
The opposite of this is economic activity that is organized by a central planner within the government.
The Economic Principle is the application of rationality to situations of scarcity: Minimize cost with regard to a given goal (e.g., level of utility) OR maximize utility for a given level of cost or input.
Efficiency is most often assessed either in terms of the economic principle (minimize cost or maximize utility) or the Pareto criterion (with regard to transactions and distributions).
www.slembeck.ch /principles.html   (901 words)

 What are the Essential Principles of Economics?   (Site not responding. Last check: 2007-11-05)
According to modern economics, scarcity exists whenever there is an opportunity cost, that is, where-ever a meaningful choice has to be made.
A very important principle in itself, and a key to understanding of international trade the principle of comparative advantage is at the same time an application of the opportunity cost principle to trade.
Perhaps the best-known of major economic principles, the Principle of Diminishing Returns is much more reliable in short-run than in long-run applications, so the Long Run/Short Run dichotomy is an important subsidiary principle.
william-king.www.drexel.edu /top/prin/txt/whatare.html   (1015 words)

 Centre College: Economics
The economics curriculum has four goals: competence in the fundamentals of economic theory; capability in quantitative and communication tools for economic analysis and presentation; familiarity with economic processes, policies, and institutions; and acquaintance with critical perspectives on both economic theory and institutions.
The principles of economics course, ECO 110, is the foundation for course work in the program.
Like the economics major, the foundation for course work in the finance program is the principles of economics course, ECO 110.
www.centre.edu /web/academic/majors/economics.html   (625 words)

Economic literacy is crucial to understanding the forces that determine quality of life.
Economics appeals to students who have grown up with interests in history, social studies, geography, ecology, physics, politics, social justice, logic, and applied mathematics among other fields.
But, much of economics has little mathematical content, and you do not need to be a rocket scientist to master the undergraduate curriculum.
www.brynmawr.edu /economics/advice.htm   (912 words)

 Economics 101: Principles of Economics
Modern economics is the study of how households, individuals, firms, governments, and other types of human society choose to allocate and manage resources in a world of scarcity.
The central focus of this introductory course is how and why markets (one important mechanism for allocating scarce resources) work, why they may fail to work, and the implications for social policy of both their successes and failures.
Principles of Economics, by N. Gregory Mankiw, 2nd edition, is required and available at the bookstore.
www.davidson.edu /academic/economics/foley/eco101_f02/syl_eco101.htm   (798 words)

 Amazon.com: Principles of Economics: Books: N. Gregory Mankiw   (Site not responding. Last check: 2007-11-05)
Receiving such a praise as "perhaps the best ever" textbook in economic principles, it's no wonder Mankiw's prize project has quickly become one of the most successful books ever to be published in the college marketplace.
Economics is the most abused science, the one most prone to fallacies (to which Henry Hazlitt's Economics in One Lesson is devoted), and yet certainly one of the most important.
Principles of Economics is an excellent book to introduce you in the world of Economics.
www.amazon.com /Principles-Economics-N-Gregory-Mankiw/dp/0324168624   (1937 words)

 Amazon.com: Principles of Economics (Institute for Humane Studies Series in Economic Theory): Books: Karl Menger   (Site not responding. Last check: 2007-11-05)
Principles not only revolutionized value, price, and marginal utility theories, but it was also used as the primary textbook by several generations of Austrian students and scholars, including Ludwig von Mises and F. von Hayek.
Essentially this comes down to regarding economic phenomena as the outcomes of rational individual choice and - because of the multitude of actors involved and the interdependency of their choices - their pattern is one of disequilibrium and continual adjustment.
In his Principles, Menger states clearly that the conditions for something to be a good are (reinterpreted by myself):1-There must be a neccesity(or, more propely, a desire of any kind to be satisfied).
www.amazon.com /Principles-Economics-Institute-Studies-Economic/dp/0910884277   (2897 words)

 Gans: Principles of Economics, Pacific Rim Third Edition | Economics - Higher Education | Thomson Learning | Australia ...   (Site not responding. Last check: 2007-11-05)
This is the first economics textbook to address the needs for the commerce/business undergraduate and not simply economic policy advice.
Joshua holds a Ph.D. from Stanford University and an honours degree in economics from the University of Queensland.
She studied economics at Swarthmore College, the University of Wisconsin and the University of New South Wales.
www.thomsonlearning.com.au /higher/economics/gans/economics3e/index.asp   (1956 words)

 Henry Thompson, Economics Principles   (Site not responding. Last check: 2007-11-05)
The typical economics text for a one term course is a shortened version of a longer text with enough material cut to make the book manageable.
There is sufficient economic theory to give students solid grounding in principles while maintaining the focus on policy issues.
A course in the principles of economics is required at US colleges and universities.
www.auburn.edu /~thomph1/principles.htm   (410 words)

 PRINCIPLES OF ECONOMICS   (Site not responding. Last check: 2007-11-05)
Syllabus for Principles of Economics I Spring 1997 MWF class
Syllabus for Principles of Economics I Spring 1997 TTH class
Homework Assignment #3 for Principles of Economics I Spring 1997
www.runet.edu /~gsantopi/prin.html   (38 words)

 Principles of Economics I
Nordhaus, Irwin and McGraw-Hill, N.Y. This course is an introduction to the Principles of Modern Economics.
The material deals with the Principles of Macroeconomics- the Economics of the State, Nation, or any other large aggregate unit.
To provide students with a general knowledge of the basic macroeconomics principles and policies and to relate these to the major economic institutions that forms the backbone of the American Free Enterprise System.
www.benedict.edu /divisions/acadaf/syllabi/BC-EC230-Syllabus.html   (451 words)

This course defines the subject matter of economics, introduces the concepts of choice, scarcity and opportunity cost, elements of model building in economics, the basic supply and demand model, and foundations of macroeconomics and international economics.
The concept and measurement of GNP and theories of aggregate demand and aggregate supply are developed and applied to issues of unemployment and inflation.
The monetary process in economic system is studied, and also concepts and issues in international trade and finance are introduced.
www.okcu.edu /economics/describe/ec2013.htm   (80 words)

 Mankiw 2e
The author's conversational writing style is superb for presenting the politics and science of economic theories to tomorrow's decision-makers.
Because Mankiw wrote it for the students, the book stands out among all other principles texts by intriguing students to apply an economic way of thinking in their daily lives.
Receiving such applause as "perhaps the best ever" textbook in economic principles, it's no wonder Mankiw's prize project has quickly become one of the most successful books ever to publish in the college marketplace.
www.swlearning.com /economics/mankiw/principles2e   (428 words)

 Amazon.com: The Affluent Society: Books: John Kenneth Galbraith   (Site not responding. Last check: 2007-11-05)
I disdain economic dogma, the economic beliefs that are so commonly bandied about, and seemingly plausible, but generally unproven and with little merit.
Economics abounds with such things, and Galbraith's insights then are wholly relevant now, both as a critique of the current administration's policies, and as a guidepost for a better future.
John Kenneth Galbraith is a refreshingly non-ideological view of economics which actually recognizes that perhaps it's better to offer opportunities to the poor rather than kicks to the teeth to encourage growth out of poverty.
www.amazon.com /Affluent-Society-John-Kenneth-Galbraith/dp/0395925002   (2482 words)

 Amazon.co.uk: Principles of Economics: Books: Richard G. Lipsey,K.Alec Chrystal   (Site not responding. Last check: 2007-11-05)
This edition has been rewritten to take account of the latest international developments and the core material revised to ensure students have the best possible account of both theory and practice of the subject.
The book provides the student with a thorough grounding in all the theoretical components of a first course in economics, supported with world-wide case studies.
Learning aids such as chapter summaries, topics for review, discussion questions and a glossary of economic terms all help to guide the student through the course, whilst a lively four-colour text design, and over three hundred annotated figures present information in a stimulating format.
www.amazon.co.uk /Principles-Economics-Richard-G-Lipsey/dp/0198775881   (535 words)

 Key Principles of Economics
principle is a simple truth that most people understand and accept.
The opportunity cost of a college degree is the direct costs, including tuition and books, plus the opportunity cost of time (the salary you could have earned).
Spillover costs and benefits are an economic problem because producers and consumers base production and consumption decisions on their own costs or benefits, not total costs or benefits including spillovers.
www.timelyknowledge.com /key_principles_of_economics.htm   (1076 words)

 Online Principles of Economics
In order for SAIS M.A. students to meet the economics entrance requirements, they must have completed both principles of microeconomics and principles of macroeconomics with a grade of “B-” or greater or must have received a quantitative score of 710 on the GRE or 47 on the GMAT.
After completing the SAIS Online Principles of Economics course with a "B-" or greater, students will have fulfilled the economics entrance requirements of both principles of microeconomics and principles of macroeconomics.
Participants may take SAIS Online Principles of Economics from anywhere in the world as long as they have regular high-speed Internet access and are able to meet additional technical requirements.
www.sais-jhu.edu /nondegree/principles   (498 words)

 Dryden Press: Economics   (Site not responding. Last check: 2007-11-05)
Described as "the most anticipated book in college publishing," Mankiw's Principles of Economics is finally published.
He has written a briefer text that explains economics by the rules not the exceptions, and by applications not a lot of theory.
In keeping with this theme, he has revealed to students how economics affects their everyday lives by building in a strong policy orientation to show them economics in "action." These are just a few of the strong points this book has to offer.
www.swcollege.com /econ/mankiw1e   (149 words)

 Amazon.co.uk: Principles of Economics: Books: Alfred Marshall   (Site not responding. Last check: 2007-11-05)
The End of Laissez Faire and the Economic Consequences of the Peace by John Maynard Keynes
The thought of reading a book on economics is enough to make peoples eyes glaze over, but there are a few readable economics texts and this is one of the best.
Economics is for everybody, every man or women can understand it withouth all the complications of mathematics, and get a exact vision of what can economics do and what it can't
www.amazon.co.uk /Principles-Economics-Alfred-Marshall/dp/1573921408   (477 words)

 Economics   (Site not responding. Last check: 2007-11-05)
This course presents and analyzes macroeconomic principles as to their applicability to problems of public policy.
Microeconomics is the study of the economic activities of individual consumers and producers or groups of consumers and producers known as markets, and emphasis shall be placed on the roles played by consumers and producers in the economic society.
This course can stand alone as an introduction to economics or may be taken in conjunction with Principles of Economics I, macroeconomics.
www.southern.wvnet.edu /acad/catalog/course_desc/economics.htm   (289 words)

 Economics 2304: Microeconomics Principles
Economics sounds very reasonable when you hear it, but economics requires precise thinking in order to explain economics to others (for example, on an exam, but also in a job).
The purpose of learning economics is to develop your reasoning skills in both a qualitative and a quantitative context.
The essay will be graded on economic content, as well as composition and grammar.
www.uh.edu /~scraig2/2304syls99a.html   (519 words)

 LAMC | Economics
An introductory course in the principles of microeconomic theory, including economic analysis of the firm and resource allocation; analysis of the laws of supply and demand; market structures of the American economy; price theory; current domestic economic problems.
This is an introductory course in the principles of macroeconomic theory.
Course covers historical development of the present economic system; its origins, modification and performance as well as its relation to political economics with relationship to you and technology.
www.lamission.edu /disciplines/economics.html   (281 words)

 Principles of Economics
The study of economics is divided into two major sub fields of Macroeconomics and Microeconomics.
In some colleges or universities the course number for Macroeconomics is Econ1, Econ001, Econ101, etc. while the course number for Microeconomics is Econ2, Econ002, Econ102, etc. In other colleges and universities, the course numbering may be the opposite.
When you are looking at economics courses for transfer purposes you need to pay attention to the description and the content of the course instead of the course number.
faculty.collegeofthedesert.edu /hshahidi/macrovmicro.html   (382 words)

 Principles of Economics by Carl Menger
Carl Menger (1840-1921) was the founder of the Austrian School of economics.
Principles, first published in 1871, is the book that provided a new basis for the understanding value, utility, money, and the market process.
D. The Principles of Monopoly Trading (The Policy of a Monopolist) (p.
www.mises.org /etexts/menger/principles.asp   (644 words)

 Amazon.ca: Principles of Economics: Books: Karl E. Case,Ray C. Fair   (Site not responding. Last check: 2007-11-05)
Currency data has been updated through the second quarter of 2003, with coverage of deflation, the effects of the war with Iraq and the war on terrorism, and the wars' impact on the national deficit.
A comprehensive overview introducing economics begins the book; subsequent topics include: foundations of microeconomics: consumers and firms; market imperfection and the role of government; concepts and problems in macroeconomics; the goods and money markets; macroeconomic analysis; and the world economy.
Finally the book presents current event cases through the chapters which are related it to the ideas presented in the reading.
www.amazon.ca /Principles-Economics-Case/dp/0131441728   (518 words)

 Chapter I. The General Theory of the Good
(1.i.11) From an economic standpoint...what are called clienteles, good-will, monopolies, etc., are the useful actions or inactions of other people...Even relationships of friendship and love, religious fellowships, and the like, consist obviously of actions or inactions of other persons that are beneficial to us.
This principle is valid whether the goods can be placed in direct causal connection with the satisfaction of human needs, or derive their goods-character from a more or less indirect causal connection with the satisfaction of human needs.
But it is evident that the increase in the consumption goods at human disposal is not the exclusive effect of the division of labor.
mason.gmu.edu /~tlidderd/menger/menger_ch1.html   (1868 words)

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