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Applied Economics: Navigating Real-World Challenges

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Applied economics is a dynamic field that focuses on the practical application of economic theories and principles to real-world challenges. It bridges the gap between theoretical concepts and actual decision-making, enabling policymakers, businesses, and individuals to make informed choices that d...

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  • August 13, 2023
  • 76
  • 2023/2024
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Applied Economics: Navigating Real-
World Challenges.




Prepared by PK Das

, Content
Applied Economics: Navigating Real-World Challenges

Chapter 1: Introduction to Applied Economics

• Defining Applied Economics

• The Role of Applied Economics in Decision-Making

• The Intersection of Theory and Practice

Chapter 2: Microeconomics in Action

• Supply and Demand Analysis: Pricing and Market Equilibrium

• Consumer Behavior and Utility Maximization

• Firms and Production: Cost Analysis and Profit Maximization

• Market Structures and Competitive Strategies

Chapter 3: Macroeconomics in the Real World

• Understanding National Income and GDP

• Unemployment and Inflation: Causes and Consequences

• Fiscal Policy: Government Spending and Taxation

• Monetary Policy: Central Banking and Interest Rates

Chapter 4: Trade and Globalization

• International Trade Theories: Comparative Advantage and Protectionism

• Trade Policies and Tariffs

• Exchange Rates and Foreign Exchange Markets

,• Global Supply Chains: Opportunities and Challenges

Chapter 5: Labor and Human Capital

• Wage Determination and Labor Markets

• Education and Skill Development: Investing in Human Capital

• Unemployment and Labor Market Policies

Chapter 6: Environmental and Resource Economics

• Externalities and Market Failures

• Sustainable Development and Natural Resource Management

• Pollution Control and Carbon Pricing

Chapter 7: Development Economics

• Theories of Economic Development

• Poverty, Inequality, and Income Distribution

• Strategies for Economic Growth and Development

Chapter 8: Behavioral Economics

• Understanding Irrational Behavior and Decision Biases

• Nudging and Behavioral Interventions

• Behavioral Economics in Policy Design

Chapter 9: Financial Economics

• Investment and Capital Budgeting

• Risk and Return: Portfolio Theory

, • Financial Markets and Asset Pricing

Chapter 10: Public Economics and Policy Analysis

• Public Goods and Externalities

• Cost-Benefit Analysis

• Government Intervention and Regulation

Chapter 11: Real Estate and Urban Economics

• Housing Markets and Property Values

• Urbanization and Urban Planning

• Real Estate Investment and Development

Chapter 12: Innovation and Technological Change

• The Economics of Innovation

• Intellectual Property and Innovation Policies

• Technology Diffusion and Economic Growth

Chapter 13: Health Economics

• Healthcare Markets and Insurance

• Health Policy and Access to Medical Care

• Economic Evaluation of Health Interventions

Chapter 14: Case Studies in Applied Economics

• Analyzing Real-World Economic Issues

• Policy Implications and Recommendations

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