Chapter 1: Economics and Life
Chapter 2: Specialization and Exchange
Chapter 3: Markets
Chapter 4: Elasticity
Chapter 5: Efficiency
Chapter 6: Government Intervention
Chapter 7: Consumer Behavior
Chapter 8: Behavioral Economics: A Closer Look at Decision Making
Chapter 9: Game Theory and Strategic Thinking
Chapter 10: Information
Chapter 11: Time and Uncertainty
Chapter 12: The Costs of Production
Chapter 13: Perfect Competition
Chapter 14: Monopoly
Chapter 15: Monopolistic Competition and Oligopoly
Chapter 16: The Facts of Production
Chapter 17: International Trade
Chapter 18: Externalities
Chapter 19: Public Goods and Common Resources
Chapter 20: Taxation and the Public Budget
Chapter 21: Poverty, Inequality, and Discrimination
Chapter 22: Political Choices
Chapter 23: Public Policy and Choice Architecture
Dean Karlan is Professor of Economics and Finance at Northwestern
University and President and Founder of Innovations for Poverty
Action (IPA). Dean started IPA in 2002 with two aims: to help learn
what works and what does not in the fight against poverty and other
social problems around the world, and then to implement successful
ideas at scale. IPA has worked in over 50 countries, with 1,000
employees around the world. Deans personal research focuses on
using field experiments to learn more about the effectiveness of
financial services for low-income households, with a focus on using
behavioral economics approaches to improve financial
products and services. His research includes related areas,
such as building income for those in extreme poverty, charitable
fund-raising, voting, health, and education. Dean is also co
founder of stickK.com, a start-up that helps people use commitment
contracts to achieve personal goals, such as losing weight or
completing a problem set on time, and in 2015 he founded Impact
Matters, an organization that helps assess whether
charitable organizations are using and producing appropriate
evidence of impact. Dean is a Sloan Foundation Research
Fellow, a Guggenheim Fellow, and an Executive Committee member of
the Board of the M.I.T. Jameel Poverty Action Lab. In 2007 he was
awarded a Presidential Early Career Award for Scientists and
Engineers. He is co editor of the Journal of Development Economics
and on the editorial board of American Economic Journal: Applied
Economics. He holds a BA from University of Virginia, an MPP and
MBA from University of Chicago, and a PhD in Economics from MIT. In
2016 he coauthored Failing in the Field, and in 2011 he
coauthored More Than Good Intentions:Improving the Ways the Worlds
Poor Borrow, Save, Farm, Learn, and Stay Healthy.
Jonathan Morduch is Professor of Public Policy and Economics at New
York Universitys Wagner Graduate School of Public Service. Jonathan
focuses on innovations that expand the frontiers of finance and how
financial markets shape economic growth and inequality. Jonathan
has lived and worked in Asia, but his newest book, The Financial
Diaries: How American Families Cope in a World of Uncertainty
(written with Rachel Schneider and published by Princeton
University Press, 2017), follows families in California,
Mississippi, Ohio, Kentucky, and New York as they cope with
economic ups and downs over a year. The new work jumps off from
ideas in Portfolios of the Poor: How the Worlds Poor Live on $2 a
Day (Princeton University Press, 2009), which Jonathan coauthored
and which describes how families in Bangladesh, India, and South
Africa devise ways to make it through a year living on $2 a day or
less. Jonathans research on financial markets is collected in The
Economics of Micro-finance and Banking the World, both published by
MIT Press. At NYU, Jonathan is executive director of the Financial
Access Initiative, a center that supports research on extending
access to finance in low-income communities. Jonathans ideas have
also shaped policy through work with the United Nations, World
Bank, and other international organizations. In 2009, the Free
University of Brussels awarded Jonathan an honorary doctorate to
recognize his work on micro-finance. He holds a BA from Brown and a
PhD from Harvard, both in Economics.
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