Sharp, Register, and Grimes’ Economics of Social Issues originated the social issues approach to teaching basic economic principles. This edition reflects the important societal trends and public debates current at the time. Currency and relevance are the motivations behind the major changes that previous users will quickly find in this edition. Each chapter presents economic concepts then places them within the context of very current issues facing society.
Economics of Social Issues has garnered a loyal user following for its timely and impartial handling of current social issues that dominate the news. As the major social issues facing our society change, so does this textbook. While the issues are contemporary and the supporting information updated, the authors remain objective.
1 Alleviating Human Misery: The Role of Economic Reasoning
2 Economic Systems, Resource Allocation, and Social Well-Being: Lessons from China’s Transition
3 Government Control of Prices in Mixed Systems: What Are the Actual Outcomes?
4 Pollution Problems: Must We Foul Our Own Nests?
5 Economics of Crime and Its Prevention: How Much Is Too Much?
6 The Economics of Education: Crisis and Reform
7 Poverty and Discrimination: Why Are So Many Still Poor?
8 The Economics of Monopoly Power: Who Does What to Whom?
9 The Economics of Professional Sports: What Is the Real Score?
10 Competition in the Global Marketplace: Should We Protect Ourselves from International Trade?
11 Economic Growth: Why Is the Economic Road So Bumpy?
12 Money, Banking, and the Financial System: Old Problems with New Twists
13 Unemployment and Inflation: Can We Find a Balance?
14 Government Spending, Taxation, and the National Debt: Who Wins and Who Loses?
15 Social Security and Medicare: How Secure Is Our Safety Net for the Elderly?