Economics for the Greater Good
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Caroline Krafft, University of Minnesota
Copyright Year:
Last Update: 2025
Publisher: Minnesota Libraries Publishing Project
Language: English
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CC BY-SA
Table of Contents
- Acknowledgements
- Production: Can we end hunger?
- Supply and Demand: Who gets food, housing, and work?
- Trade: An Increasingly Connected World
- The Economics of Crime
- The Economics of Poverty
- The Economics of Discrimination
- Who Learns What and Why: The Economics of Education
- Why is there pollution and what can we do about it?
- Why is Health Care So Expensive? Market Power and Competition
- The Economics of Social Safety Nets: Here to Catch Us When We Fall?
About the Book
Economics for the Greater Good: An Introduction to Economic Thinking for Public Policy teaches the central concepts of economics through applications to global challenges and domestic public policy issues. Chapters tackle issues of hunger, homelessness, rent control, minimum wages, globalization and trade, crime, discrimination, poverty and anti-poverty programs, education, pollution, health care, social safety nets, and government spending. Both microeconomic and macroeconomic concepts are introduced, including production, markets, supply and demand, price controls, models of trade and trade restrictions, cost-benefit analysis, budget constraints, public goods, externalities, taxes and subsidies, and government budgets and debt. Each chapter presents evidence on a pressing social problem, introduces an economic model to help understand that problem, and discusses evidence on what programs and policies work to alleviate global challenges.
About the Contributors
Author
Caroline Krafft, University of Minnesota