By Robert V. Levine, California State University, Fresno. This module introduces several major principles in …
By Robert V. Levine, California State University, Fresno. This module introduces several major principles in the process of persuasion. It offers an overview of the different paths to persuasion. It then describes how mindless processing makes us vulnerable to undesirable persuasion and some of the “tricks” that may be used against us.
Economists traditionally divide the factors of production into four categories: land, labor, …
Economists traditionally divide the factors of production into four categories: land, labor, capital, and entrepreneurship. Land refers to natural resources, labor refers to work effort, and capital is anything made that is used to make something else. The last resource, entrepreneurship, refers to the ability to put the other three resources together to create value. In this video, we define each of the four factors of production and provide examples of each.
For the first time in history, the global demand for freshwater is …
For the first time in history, the global demand for freshwater is overtaking its supply in many parts of the world. The U.N. predicts that by 2025, more than half of the countries in the world will be experiencing water stress or outright shortages. Lack of water can cause disease, food shortages, starvation, migrations, political conflict, and even lead to war. Models of cooperation, both historic and contemporary, show the way forward. The first half of the course details the multiple facets of the water crisis. Topics include water systems, water transfers, dams, pollution, climate change, scarcity, water conflict/cooperation, food security, and agriculture. The second half of the course describes innovative solutions: Adaptive technologies and adaptation through policy, planning, management, economic tools, and finally, human behaviors required to preserve this precious and imperiled resource. Several field trips to water/wastewater/biosolids reuse and water-energy sites will help us to better comprehend both local and international challenges and solutions.
Macroeconomics examines the fundamentals of the American economy as it relates to …
Macroeconomics examines the fundamentals of the American economy as it relates to social welfare. Emphasis is on basic economic concepts and theories as they effect domestic and international markets. This course integrates behavioral social sciences to present solutions to real world problems. Macroeconomics includes measurements of GDP, fiscal and monetary policy.
Recognizing that a course in economics may seem daunting to some students, …
Recognizing that a course in economics may seem daunting to some students, we have tried to make the writing clear and engaging. Clarity comes in part from the intuitive presentation style, but we have also integrated a number of pedagogical features that we believe make learning economic concepts and principles easier and more fun. These features are very student-focused. The chapters themselves are written using a “modular” format. In particular, chapters generally consist of three main content sections that break down a particular topic into manageable parts. Each content section contains not only an exposition of the material at hand but also learning objectives, summaries, examples, and problems. Each chapter is introduced with a story to motivate the material and each chapter ends with a wrap-up and additional problems. Our goal is to encourage active learning by including many examples and many problems of different types.
Principles of Macroeconomics 2e covers the scope and sequence of most introductory …
Principles of Macroeconomics 2e covers the scope and sequence of most introductory economics courses. The text includes many current examples, which are handled in a politically equitable way. The outcome is a balanced approach to the theory and application of economics concepts. The second edition has been thoroughly revised to increase clarity, update data and current event impacts, and incorporate the feedback from many reviewers and adopters.Changes made in Principles of Macroeconomics 2e are described in the preface and the transition guide to help instructors transition to the second edition.
In this Unit, you will learn about:How Individuals Make Choices Based on …
In this Unit, you will learn about:How Individuals Make Choices Based on Their Budget ConstraintThe Production Possibilities Frontier and Social ChoicesConfronting Objections to the Economic Approach
By the end of this section, you will be able to:Discuss the …
By the end of this section, you will be able to:Discuss the importance of studying economicsExplain the relationship between production and division of laborEvaluate the significance of scarcity
By the end of this section, you will be able to:Discuss the …
By the end of this section, you will be able to:Discuss the importance of studying economicsExplain the relationship between production and division of laborEvaluate the significance of scarcity
" This course is the first subject in the Environmental Policy and …
" This course is the first subject in the Environmental Policy and Planning sequence. It reviews philosophical debates including growth vs. deep ecology, "command-and-control" vs. market-oriented approaches to regulation, and the importance of expertise vs. indigenous knowledge. Its emphasis is placed on environmental planning techniques and strategies. Related topics include the management of sustainability, the politics of ecosystem management, environmental governance and the changing role of civil society, ecological economics, integrated assessment (combining environmental impact assessment (EIA) and risk assessment), joint fact finding in science-intensive policy disputes, environmental justice in poor communities of color, and environmental dispute resolution."
What is economics and why should you spend your time learning it? …
What is economics and why should you spend your time learning it? After all, there are other disciplines you could be studying, and other ways you could be spending your time. As the Bring it Home feature just mentioned, making choices is at the heart of what economists study, and your decision to take this course is as much an economic decision as anything else.
Economics is probably not what you think it is. It is not primarily about money or finance. It is not primarily about business. It is not mathematics. What is it then? It is both a subject area and a way of viewing the world.
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