• 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 and Religion
Economics and religion

The last two decades of the twentieth century saw an explosion of empirical as well as theoretical research into the relationship between religion and economic behavior. For the most part, this research ignores theological differences, focusing instead on behavioral differences associated with different religious identities. The causation runs both ways: Some studies analyze the effects of religious identity on various economic activities, and others analyze the effects of economic incentives on religious observances and institutions. Both of these lines of research have yielded strong results and have dramatically affected our understanding of the relationship between economics and religion. Prices and incomes are powerful incentives that invariably influence the actions of individuals, and the human capacity for creative rationalization contributes to ...

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