Essay about Economic Analysis

Submitted By babu585
Words: 802
Pages: 4
Open Document
Introduction to Economic Analysis ISBN 160049000X | by R. Preston McAfee
Yahoo! ResearchIn 2006, I produced Introduction to Economic Analysis, a free, open sourced, creative-commons-licensed textbook spanning introductory and intermediate microeconomics. There were few adoptions. That there were several high profile adoptions like NYU and Harvard convinced me that the lack of adoptions was not due to the material itself, or even my exposition of the material, but instead to two factors. First, the book isn't traditional: it is aimed to be more like economists actually practice economics, analyzing interesting issues with models and a modicum of data. Second, there were no supplemental materials. In 2007 I went to work for Yahoo! and ceased teaching. At this point progress on the project stalled. To address the lack of supplemental materials and to continue progress on the creation of low cost, high quality materials, I enlisted Tracy Lewis of the Fuqua School of Business at Duke University, to co-author a new text built on IEA, and joined with Flat World Knowledge. Flatworld has an "online free, modestly-priced printed" creative-commons model. The Flatworld version is a substantial rewrite. The material is re-ordered and the 7 substantive chapters broken into 20 more manageable chapters. The material is rewritten to make it more accessible to a standard intermediate audience. There were lots of bug-fixes. Professors considering the text should choose the Flatworld version. Mathematically adept independent readers, especially engineers, wishing to learn about economics may prefer the 2006 version. (Note: permanent link to current version is http://www.mcafee.cc/Introecon/IEA.pdf)Source Code (Word document) Help create a Chinese version of the free text here! Buy a printed copy for $12 plus shipping. I no longer maintain the Lulu version because Lulu started spamming me with daily updates about my 'author earnings,' which are zero because I had a zero royalty. | LinksThe Notes page. A blurb about why this book is a good thing and open source considerations influencing the design. Class Websites (Old Links no longer maintained!)
McAfee's Class Website and powerpoints.
Satyajit Bose's Course at Columbia.
Hsueh-Ling Huynh's Ec 1011a at Harvard.
Hao Li's course at U Toronto.
Simon Wilkie's Class Website.
Roy Radner's course syllabus at NYU.
Angelo Zago plans to use the text at Verona University.
Tom Andrews' course syllabus at West Chester U.
Nicolas Schmitt's course syllabus at Simon Fraser.
Michelle Goeree's course syllabus at Claremont McKenna.
Eduardo Zambrano's course at Cal Poly. | Endorsements
"Let me say that your creative commons Ec 11 text is awesome. Its so much better than anything else out there I've seen... better than MIT's open courseware, and basically every other 'intro to ec' book I've skimmed. It's the Ec book I wish I had... only in my later readings of more advanced books (like Kreps' Microeconomics and The Mathematical Structure of Economics) did I find the cool topics from your book (like auction theory, etc.). However, those either had tons of fluff (especially mathematical fluff) or were all theory without the interesting demographics."

--Ryan McCorvie, fixed income strategist at a top investment bank | AbstractThis book presents introductory economics ("principles") material using standard mathematical tools, including calculus. It is designed for a relatively sophisticated undergraduate who has not taken a
Show More

Related Documents: Essay about Economic Analysis

Economics Analysis Essay

Executive Summery There are two major tools which are microeconomic tools and macroeconomic tools for economic analysis. This report will use both tools to analyze the airline industry economics and trends. It will talk about how the pricing setting and decision making throughout demand and supply curve, is the elasticity of quantity demanded and supplied elastic or inelastic. Furthermore, this report will indicate the importance of understanding of GDP rate, the inflation rate and unemployment rate…

Words 2517 - Pages 11

Economic Analysis Of Italy

Nikki Shelton Economic Analysis Introduction Italy has a diverse industrial economy. The economy is driven by the manufacture of high-quality consumer goods produced by small and medium-sized enterprises. Many of the businesses are family owned. Italy also has a large underground economy that accounts for approximately 17% of the GDP. Italy has the third-largest economy in European country’s and eighth in the world. However, the public debt is remarkably high and has rendered it vulnerable to…

Words 1097 - Pages 5

Economic Analysis Of Obama

Economics On the economic front, Obama has worked hard to steer the country through difficult financial times. President Obama has improved the economy in many ways. Obama has sustained a great recovery. During Bush’s millions of jobs were lost. Obama created 3.5 million jobs so that many people that were out of work are now employed. He signed the Budget Control Act of 2011 in effort to rein in government spending and prevent the government from defaulting on its financial obligations. He has…

Words 408 - Pages 2

Economic Analysis Essay

Availability: In the UAE there are various sources of media available for businesses to develop their marketing strategy. These are television, radio, internet, outdoor, and print media. Even though there are a good number of options, the UAE has certain censorship and press control laws that must be followed by everyone. An example of this would be sex appealing images or videos in the internet or television and political sensitive material through the print media. http://en.wikipedia.org/wik…

Words 386 - Pages 2

Economic Analysis Of Solar Clean

Business Proposal: Economic Analysis of Solar Clean Stacia Brocco ECO/561 November 18, 2013 Peter Oburu, PhD. Economic Analysis of Solar Clean The following economic analysis for Solar Clean provides a scorecard of internal conditions and external influences that outline potential benefits and disadvantages of the viability of this company. Through a detailed analysis of the market structure, elasticity of demand, finances, pricing strategies, and barriers to entry, informed decisions on future…

Words 2238 - Pages 9

Eco 561 Economic Analysis

Week 4 Economic Analysis ECO/561 September 17, 2015 Economic Analysis Market Structure The business firm discussed in this report deals with general merchandise and operates in the retail industry. It specializes with the sale of general consumer merchandise including food products such as dairy foods, baked goods, meat and poultry, seafood and garden outputs; clothing and textile output, electronic merchandise and it also operates an optical center among other business operations…

Words 1276 - Pages 6

Economic Analysis Essay examples

Introduction When conducting an economic analysis we are essentially conducting an evaluation or once-over on an organizations financials. The process generally consists of measuring, evaluating, and considering the internal and external environments, as well as recognizing a company’s strengths and weaknesses in order to impart the most effective advice surrounding its financial stability and sustainability. It is imperative to conduct financial investigations as a part of the process to gauge…

Words 1509 - Pages 7

Chile Economic Analysis Essay

Chile A Case Study Submitted to: Professor Mohtadi in partial fulfillment of the BMIB course Global Economics Hult International Business School Submitted by: Julia Kim Marco Piccinato Monica Ramirez Takako Omura Marcus Tralla Sergio Zagatta Boston, Massachusetts, March 23, 2014 TABLE OF CONTENTS TABLE OF CONTENTS 1 TABLE OF EXHIBITS 2 COUNTRY PROFILE 4 COUNTRY ANALYSIS 7 Trends 7 Monetary Policy 9 Fiscal Policy 10 Social Policy 11 Education 11 Health 12 Pension system 13 Trade…

Words 8711 - Pages 35

Economics and Country Analysis Essay examples

Is country analysis relevant? “Having analyzed a national environment in terms of its performance, strategy, and context, country analysis turns next to relating these data to one another.” – Professor John Rosenblum Country analysis is indeed quite relevant if not vital to the global economic environment that is morphing continually every day. In an analysis of a countries economic performance through history, a benchmark is set an available for compare to other countries. Measures produce differing…

Words 504 - Pages 3

1860-1900 Economic Analysis

The economic elements of 1860-1900 mainly involved the expansion of the railroad. The railroad greatly benefitted farmers. It opened up "more and more western lands for farming," this gave remote farmers the opportunity to sell their grain nationally (Keene, 451). It not only benefited farmers, but it also benefitted non-farmers such as engineers, firemen, and mechanics. The railroads opened lands across the West and provided employment for many who built the lines. These railroads also promoted…

Words 807 - Pages 4