Ingo Böbel

Additional Readings

Page history last edited by Ingo Böbel 3 mos ago

Thesis advice

(for those of you who might consider to choose a subject in Economics see this interesting site from Harvard University):

http://www.economics.harvard.edu/files/ThesisLogistics10.pdf

Printed pages graphic.

Additional Readings Recommendations:

Amazon.com Widgets

GENERAL HINTS:

I strongly recommend to regularly read The Economist and The Financial Times: www.ft.com and http://www.economist.com/index.html

EconStats

http://www.econstats.com/index.htm

For anyone looking for a vast cornucopia of economic statistics culled from all over the world, they need look no further than the EconStats website. The homepage is a bit visually cluttered, but one couldn't ask for better and more complete data, as visitors can quickly access a wide range of economic data from the United States, such as information about inflation, unemployment levels, productivity, new factory orders, and the price of crude oil. The homepage also contains links to economic data from Canada, Britain, Germany, the European Union, France, Italy, Russia, and China. On the right-hand side of the page, visitors can click through to interest rates for dozens of countries, check in on various stock markets, and look up commodity and futures prices. Those individuals looking for quick help with pressing questions can post queries to the "Econ Chat" section of the homepage.

Read: The Undercover Economist by Tim Harford

and Tim's most recent book: HIGHLY RECOMMENDED!!

News from The Undercover Economist (April 2008): http://www.slate.com/id/2189312/

The best site on GAME THEORY: http://www.gametheory.net/

Useful power points (an excellent help to revise):

01.Consumer and Producer Surplus - PowerPoint Presentation [251 KB]

02.The Market System - PowerPoint Presentation [215 KB]

03.Price, Income and Cross Elasticity - PowerPoint Presentation [193 KB]

04.Introduction to Markets - PowerPoint Presentation [191 KB]

05.The Common Agricultural Policy and Common Fisheries Policy - PowerPoint Presentation [105 KB]

06.Government Intervention in Markets - PowerPoint Presentation [201 KB]

07.Correcting Market Failure - PowerPoint Presentation [156 KB]

Source: www.bized.co.uk

Adam Smith published the famous book "An Inquiry into the Nature and Causes of the Wealth of Nations" in 1776. It shows that the wealth of a nation lies not in the amount of gold in its treasury, but in the productive enterprise of its people. It argues for an end to restrictions on trade, competition and commerce. Highly influential, the book laid the intellectual foundations of the great Nineteenth-Century era of liberal free trade.

You can perform a full text search within "The Wealth of Nations", or pick a chapter from the index.

Source:Adam Smith Institute at http://www.adamsmith.org/smith/won/wonsearch/

Read what Robert Driskill writes on the advantages of trade!

Selected Course Related Reading

Supply and Demand: Consumer Surplus:

Alcohol misuse: How much does it cost? - a useful example of how consumer surplus is integrated in government policy making via the Strategy Unit's report [PDF, 319 KB]. (http://www.pm.gov.uk/files/pdf/econ.pdf) See also Opportunity Cost, Externalities and Alcohol Use, the Mind your Business feature on this issue. (http://www.bized.co.uk/current/mind/2003_4/290903.htm)
Digital Switchover: the Costs and Benefits - another example of how consumer surplus can be used as the basis for making 'rational' economic decisions at policy level [PDF, 56 KB] (http://www.digitaltelevision.gov.uk/pdf_documents/publications/costs_benefits.pdf

Source: http://www.bized.co.uk/

Demand: Inferior Goods: Giffen Goods:

See this new paper by Jensen and Miller, John F. Kennedy School of Government, Harvard University (July 2007)

Giffen case New 2007.pdf
KEYWORDS: Giffen Goods; Theory of the Consumer; Consumption; Poverty.

Markets: Price Mechanism:
Here is Milton Friedman's favourite story of the workings of prices in markets (by L. Reed):

http://www.econlib.org/library/Essays/rdPncl1.html

General: Competition: Supply and Demand:

You can read Alfred Marshall's "Principles of Economics" online: http://www.econlib.org/library/Marshall/marP.html

Really astonishing! Read this on "Europe's Philosophy of Failure": http://www.foreignpolicy.com/story/cms.php?story_id=4095&print=1

Theory of the Firm: here is Frank Knight's classic "Risk, Uncertainty and Profit": http://www.econlib.org/library/Knight/knRUP.html

Read: Ronald Coase Biography: http://www.econlib.org/library/Enc/bios/Coase.html

Interesting interview with J. Riffkin on "The Third Industrial Revolution":

http://www.euractiv.com/en/energy/jeremy-rifkin-europe-lead-third-industrial-revolution/article-170005 (Jan 31, 2008)

Women at work: http://www.dallasfed.org/research/eclett/2007/el0705.html

Are we facing a depression? See Are we facing a depression or not.doc

Read why "America needs to make a new policy for trade":

http://www.ft.com/cms/s/0/0c185e3a-1478-11dd-a741-0000779fd2ac.html

Martin Wolf on Rising Food Prices! http://www.ft.com/cms/s/0/2e5b2f36-1608-11dd-880a-0000779fd2ac.html (April 30, 2008)

Three cases on the cross-price-elasticity of demand: 3 cases on cross-p-elast of demand.doc

John Kay on basic economic thinking: What Tesco knows and Woolies forgot.docx

Here you find the just released ECONOMIC REPORT OF THE PRESIDENT. http://www.whitehouse.gov/cea/pubs.html