Microeconomics or Black Unemployment

Microeconomics (Study Guide)

Author: Robert S Pindyck

This well-received book is a market leader in the field of Microeconomics, and demonstrates how microeconomics can be used as a tool for both managerial and public-policy decision making. Clear writing style and graphs compliment the integrated use of current, real world industry examples throughout the book. It emphasizes relevance and application to cover modern topics—such as Game Theory and economics of information—and examples—such as United States v. Microsoft, pricing cellular phone service, and Internet auctions. Coverage of other up-to-date issues includes supply and demand, cost, consumer behavior, individual and market demand, market failure, and the role of government. For individuals with an interest in economics, microeconomic theory, and price theory.

Booknews

A textbook adaptable to several types of courses, including a one-quarter or one-semester course covering the core material, a longer course that includes such topics as uncertainty and market failure, or a course emphasizing specific topics such as modern pricing theory or business strategy. Assuming a potential readership from diverse backgrounds, uses no calculus and marks the more advanced sections with warning asterisks. Incorporates changes in the field over the past few years, including the new importance given to game theory and the strategic interaction of firms. First published in 1989 and most recently in 1995. Answers are provided for selected problems. Annotation c. by Book News, Inc., Portland, Or.

Booknews

New edition (first was 1989) of a solid textbook. Pindyck is a widely respected economics writer represented by three titles in BCL3 (we reckon this work will appear there in future). Annotation c. Book News, Inc., Portland, OR (booknews.com)

See also: The Four Temperaments or The Everything Easy Fitness Book

Black Unemployment: Part of Unskilled Unemployment, Vol. 50

Author: David Schwartzman

In the post-World War II era, the U.S. government's full employment policy led to rapid mechanization of production by reducing the cost of financing investment. The mechanization of production displaced more blacks than whites because blacks were disproportionately unskilled. In addition, the growth in the import of manufactured goods further reduced the demand for unskilled labor. The author argues that the government should fill the gap with government employment and should discourage imports from developing countries.

Booknews

Relates black unemployment to the fate of unskilled workers, and suggests that the government undertake a public employment program for unskilled workers and restrict the market for products of unskilled workers from other countries. Provides a historical explanation for the large proportion of blacks who are unskilled, discusses the effects of monetary policy since the 1930s, looks at past and current policies in wages, labor, and education, and critiques assorted explanations for black unemployment. Annotation c. by Book News, Inc., Portland, Or.

Table of Contents:

	Tables
	Preface
	Acknowledgments
1	Black Unemployment	1
2	Capital Goods and Technology	31
3	Substitution of Skilled for Unskilled Labor	67
4	The Substitution of Foreign for Domestic Unskilled Labor	93
5	IQ, Welfare, and the Poverty Culture	123
6	Race and Politics	141
7	Current Public Policy	151
8	Policy Recommendations	171
	Index	195