• 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.

Feminist Economics
Feminist economics

During the nineteenth and early twentieth centuries, in Western countries such as the United States and Britain, women's economic situation was largely dictated by the legal framework within which economic activity took place. Some examples include the legal requirement, embedded within the common law of marriage, for wives to provide housework, childrearing, and sexual services to their husbands, in return for at least a minimal subsistence. Husbands were legally entitled to the wage earnings of working wives. Wives were, in effect, legal chattels. Women's labor supply decisions were restricted by “protective legislation” with respect to total hours worked, which hours, and in which occupations. Sex discrimination was legal, and women's wages were determined not by their productivity but by socially accepted norms, ...

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