• Summary
  • Contents
  • Subject index

Interest in economics is at an all-time high. Among the challenges facing the nation is an economy with rapidly rising unemployment, failures of major businesses and industries, and continued dependence on oil with its wildly fluctuating price. Economists have dealt with such questions for generations, but they have taken on new meaning and significance.Tackling these questions and encompassing analysis of traditional economic theory and topics as well as those that economists have only more recently addressed, 21st Century Economics: A Reference Handbook is a must-have reference resource.Key FeaturesProvides highly readable summaries of theory and models in key areas of micro and macroeconomics, helpful for students trying to get a "big picture" sense of the fieldIncludes introductions to relevant theory as well as empirical evidence, useful for readers interested in learning about economic analysis of an issue as well for students embarking on research projectsFeatures chapters focused on cutting-edge topics with appeal for economists seeking to learn about extensions of analysis into new areas as well as new approaches Presents models in graphical format and summarizes empirical evidence in ways that do not require much background in statistics or econometrics, so as to maximize accessibility to students.

Economics of Gender
Economics of gender

This chapter on the economics of gender discusses the role of gender in the labor market from an economic perspective. Focus on the labor market is motivated by the fact that labor earnings are arguably the most important component of an individual's income and a major determinant of living standards. Earnings are also correlated with employment opportunities, occupation, promotion, and job mobility, all of which, for reasons that are discussed in greater detail below, are influenced by gender. Although there are other arenas where gender is of economic importance (e.g., gender differences in the division of child care and domestic labor, access to day care, and health), these topics are not covered in this chapter. Interested readers should instead turn ...

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