Demystifying Economic Markets and Prices
eBook - ePub

Demystifying Economic Markets and Prices

Understanding Patterns and Practices in Everyday Life

  1. 170 pages
  2. English
  3. ePUB (mobile friendly)
  4. Available on iOS & Android
eBook - ePub

Demystifying Economic Markets and Prices

Understanding Patterns and Practices in Everyday Life

About this book

From the price of a candy bar to the price of a house, Woirol's book demystifies prices and markets. Why do we use them, how do they work, and what can we do to make them work for us? Some of the prices we come across every day cause us few problems, while others seem mysterious, frustrating, and even unfair. In this refreshing and entertaining approach to the "dismal science, " Greg Woirol shows how we, uniquely among living creatures, use markets and prices to help organize our lives. Ranging from the price of diamonds, to cell phone plans, high fashion, scalped tickets, Christmas gifts, and much more, chapters in Demystifying Economic Markets and Prices build on one another to explain hidden structural and behavioral patterns. Woirol brings clarity to the arcane world of economics, allowing readers to see patterns and meaning in a wide range of everyday prices and markets. Along the way, the author gives advice about how best to address the issues and opportunities that markets create for consumers.

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Yes, you can access Demystifying Economic Markets and Prices by Gregory R. Woirol in PDF and/or ePUB format, as well as other popular books in Economics & Sales. We have over one million books available in our catalogue for you to explore.

Information

Publisher
Praeger
Year
2019
Print ISBN
9781440872525
eBook ISBN
9798216073116
Edition
1
Topic
Economics
Subtopic
Sales
Index
Economics

Table of contents

  1. Cover
  2. Title Page
  3. Copyright
  4. Dedication
  5. Contents
  6. Acknowledgments
  7. Introduction: Markets and Prices in Everyday Life
  8. Chapter 1. Candy Bars, Used Cars, and Superstars: Patterns and Practices in Markets and Prices
  9. Chapter 2. 401(k)s, Lotto, Cell Phone Plans, and Diamonds: Structural and Behavioral Factors and Market Prices
  10. Chapter 3. Fashion, Fads, and Brands: Information Gaps as a Structural Factor
  11. Chapter 4. Santa Claus, Ticket Scalping, and Gift Cards: Information Gaps in Everyday Markets
  12. Chapter 5. Bait-and-Switch, Counterfeit Goods, and Low-Price Guarantees: How Sellers Can Take Advantage of Information Gaps
  13. Chapter 6. Computer Repairs, Mortgage Loans, Hidden Fees, and Credit Cards: Products Bought from Experts and Groups of Buyers as Structural Factors
  14. Chapter 7. Music and the Erie Canal, College Tuition, and Good Monopoly Prices: Technological Change, Buyer Characteristics, and Barriers to Entry as Structural Factors
  15. Chapter 8. Shopping Malls, Whales, and Prescription Drugs: The Absence of Normally Expected Features in Markets
  16. Chapter 9. Halloween Candy, Soft Drinks, Senior Citizen Discounts, and College Grants: Buying More at a Lower Price as a Behavioral Factor
  17. Chapter 10. High-Paid Jobs, Tenure, and Why Are There So Many Lawyers?: Structural and Behavioral Factors in Labor Markets
  18. Chapter 11. Beauty, Orchestra Auditions, and the Rat Race: Behavioral Biases and Information Gaps in Labor Markets
  19. Chapter 12. How People Shop, the Great Recession, and the End of the Soviet Union: Markets and Prices Can Be Challenging, but the End Result Is Positive
  20. References
  21. Index