Trade-Offs
An Introduction to Economic ReasoningThe highly engaging introduction to thinking like an economist, updated for a new generation of readers. When economists wrestle with any social issue’be it unemployment, inflation, healthcare, or crime and punishment’they do so impersonally. The big question for them is: what are the costs and benefits, or trade-offs, of the solutions to such matters’ These trade-offs constitute the core of how economists see the world’and make the policies that govern it. Trade-Offs is an introduction to the economic approach of analyzing controversial policy issues. A useful introduction to the various factors that inform public opinion and policymaking, Trade-Offs is composed of case studies on topics drawn from across contemporary law and society. Intellectually stimulating yet accessible and entertaining, Trade-Offs will be appreciated by students of economics, public policy, health administration, political science, and law, as well as by anyone following current social policy debates. ISBN: 9780226828886, 0226828883
