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The Economic Naturalist Robert Frank

The Economic Naturalist By Robert Frank

The Economic Naturalist by Robert Frank


£9.80
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Condition - Very Good
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Summary

Distinguished economist Robert Frank uses hundreds of fascinating, unexpected examples of everyday paradoxes to explain the economics of the everyday world

The Economic Naturalist Summary

The Economic Naturalist: In Search of Explanations for Everyday Enigmas by Robert Frank

Why do the keypads on drive-up cash machines have Braille dots? Why are round-trip fares from Orlando to Kansas City higher than those from Kansas City to Orlando? For decades, Robert Frank has been asking his economics students to pose and answer questions like these as a way of learning how economic principles operate in the real world-which they do everywhere, all the time. Once you learn to think like an economist, all kinds of puzzling observations start to make sense. Drive-up ATM keypads have Braille dots because it's cheaper to make the same machine for both drive-up and walk-up locations. travellers from Kansas City to Orlando pay less because they are usually price-sensitive tourists with many choices of destination, whereas travellers originating from Orlando typically choose Kansas City for specific family or business reasons. The Economic Naturalist employs basic economic principles to answer scores of intriguing questions from everyday life, and, along the way, introduces key ideas such as the cost-benefit principle, the no cash on the table principle, and the law of one price. This is as delightful and painless a way to learn fundamental economics as there is.

About Robert Frank

Robert H. Frank is the Henrietta Johnson Louis Professor of Management and Professor of Economics at Cornell University's Johnson Graduate School of Management. His Economic Scene column appears monthly in the New York Times. His previous books include The Winner-Take-All Society (with Philip Cook), Luxury Fever, and Principles of Economics (with Ben Bernanke). Frank's many awards include the Apple Distinguished Teaching Award and the Leontief Prize for Advancing the Frontiers of Economic Thought. He lives in Ithaca, New York.

Additional information

GOR005262957
9780465003570
0465003575
The Economic Naturalist: In Search of Explanations for Everyday Enigmas by Robert Frank
Used - Very Good
Paperback
Basic Books
20080401
240
Short-listed for Heathrow Travel Product Award: Travel Read, Non-Fiction 2009
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
This is a used book - there is no escaping the fact it has been read by someone else and it will show signs of wear and previous use. Overall we expect it to be in very good condition, but if you are not entirely satisfied please get in touch with us

Customer Reviews - The Economic Naturalist