The Economics of Artificial Intelligence

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Publisher : University of Chicago Press
ISBN 13 : 022661333X
Total Pages : 643 pages
Book Rating : 4.2/5 (266 download)

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Book Synopsis The Economics of Artificial Intelligence by : Ajay Agrawal

Download or read book The Economics of Artificial Intelligence written by Ajay Agrawal and published by University of Chicago Press. This book was released on 2019-05-22 with total page 643 pages. Available in PDF, EPUB and Kindle. Book excerpt: Advances in artificial intelligence (AI) highlight the potential of this technology to affect productivity, growth, inequality, market power, innovation, and employment. This volume seeks to set the agenda for economic research on the impact of AI. It covers four broad themes: AI as a general purpose technology; the relationships between AI, growth, jobs, and inequality; regulatory responses to changes brought on by AI; and the effects of AI on the way economic research is conducted. It explores the economic influence of machine learning, the branch of computational statistics that has driven much of the recent excitement around AI, as well as the economic impact of robotics and automation and the potential economic consequences of a still-hypothetical artificial general intelligence. The volume provides frameworks for understanding the economic impact of AI and identifies a number of open research questions. Contributors: Daron Acemoglu, Massachusetts Institute of Technology Philippe Aghion, Collège de France Ajay Agrawal, University of Toronto Susan Athey, Stanford University James Bessen, Boston University School of Law Erik Brynjolfsson, MIT Sloan School of Management Colin F. Camerer, California Institute of Technology Judith Chevalier, Yale School of Management Iain M. Cockburn, Boston University Tyler Cowen, George Mason University Jason Furman, Harvard Kennedy School Patrick Francois, University of British Columbia Alberto Galasso, University of Toronto Joshua Gans, University of Toronto Avi Goldfarb, University of Toronto Austan Goolsbee, University of Chicago Booth School of Business Rebecca Henderson, Harvard Business School Ginger Zhe Jin, University of Maryland Benjamin F. Jones, Northwestern University Charles I. Jones, Stanford University Daniel Kahneman, Princeton University Anton Korinek, Johns Hopkins University Mara Lederman, University of Toronto Hong Luo, Harvard Business School John McHale, National University of Ireland Paul R. Milgrom, Stanford University Matthew Mitchell, University of Toronto Alexander Oettl, Georgia Institute of Technology Andrea Prat, Columbia Business School Manav Raj, New York University Pascual Restrepo, Boston University Daniel Rock, MIT Sloan School of Management Jeffrey D. Sachs, Columbia University Robert Seamans, New York University Scott Stern, MIT Sloan School of Management Betsey Stevenson, University of Michigan Joseph E. Stiglitz. Columbia University Chad Syverson, University of Chicago Booth School of Business Matt Taddy, University of Chicago Booth School of Business Steven Tadelis, University of California, Berkeley Manuel Trajtenberg, Tel Aviv University Daniel Trefler, University of Toronto Catherine Tucker, MIT Sloan School of Management Hal Varian, University of California, Berkeley

Creating a Learning Society

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Publisher : Columbia University Press
ISBN 13 : 0231540620
Total Pages : 427 pages
Book Rating : 4.2/5 (315 download)

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Book Synopsis Creating a Learning Society by : Joseph E. Stiglitz

Download or read book Creating a Learning Society written by Joseph E. Stiglitz and published by Columbia University Press. This book was released on 2015-10-06 with total page 427 pages. Available in PDF, EPUB and Kindle. Book excerpt: “A superb new understanding of the dynamic economy as a learning society, one that goes well beyond the usual treatment of education, training, and R&D.”—Robert Kuttner, author of The Stakes: 2020 and the Survival of American Democracy Since its publication Creating a Learning Society has served as an effective tool for those who advocate government policies to advance science and technology. It shows persuasively how enormous increases in our standard of living have been the result of learning how to learn, and it explains how advanced and developing countries alike can model a new learning economy on this example. Creating a Learning Society: Reader’s Edition uses accessible language to focus on the work’s central message and policy prescriptions. As the book makes clear, creating a learning society requires good governmental policy in trade, industry, intellectual property, and other important areas. The text’s central thesis—that every policy affects learning—is critical for governments unaware of the innovative ways they can propel their economies forward. “Profound and dazzling. In their new book, Joseph E. Stiglitz and Bruce C. Greenwald study the human wish to learn and our ability to learn and so uncover the processes that relate the institutions we devise and the accompanying processes that drive the production, dissemination, and use of knowledge . . . This is social science at its best.”—Partha Dasgupta, University of Cambridge “An impressive tour de force, from the theory of the firm all the way to long-term development, guided by the focus on knowledge and learning . . . This is an ambitious book with far-reaching policy implications.”—Giovanni Dosi, director, Institute of Economics, Scuola Superiore Sant’Anna “[A] sweeping work of macroeconomic theory.”—Harvard Business Review

The Knowledge Capital of Nations

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Publisher : MIT Press
ISBN 13 : 026254895X
Total Pages : 275 pages
Book Rating : 4.2/5 (625 download)

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Book Synopsis The Knowledge Capital of Nations by : Eric A. Hanushek

Download or read book The Knowledge Capital of Nations written by Eric A. Hanushek and published by MIT Press. This book was released on 2023-08-15 with total page 275 pages. Available in PDF, EPUB and Kindle. Book excerpt: A rigorous, pathbreaking analysis demonstrating that a country's prosperity is directly related in the long run to the skills of its population. In this book Eric Hanushek and Ludger Woessmann make a simple, central claim, developed with rigorous theoretical and empirical support: knowledge is the key to a country's development. Of course, every country acknowledges the importance of developing human capital, but Hanushek and Woessmann argue that message has become distorted, with politicians and researchers concentrating not on valued skills but on proxies for them. The common focus is on school attainment, although time in school provides a very misleading picture of how skills enter into development. Hanushek and Woessmann contend that the cognitive skills of the population—which they term the “knowledge capital” of a nation—are essential to long-run prosperity. Hanushek and Woessmann subject their hypotheses about the relationship between cognitive skills (as consistently measured by international student assessments) and economic growth to a series of tests, including alternate specifications, different subsets of countries, and econometric analysis of causal interpretations. They find that their main results are remarkably robust, and equally applicable to developing and developed countries. They demonstrate, for example, that the “Latin American growth puzzle” and the “East Asian miracle” can be explained by these regions' knowledge capital. Turning to the policy implications of their argument, they call for an education system that develops effective accountability, promotes choice and competition, and provides direct rewards for good performance.

International Handbook on Teaching and Learning Economics

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Publisher : Edward Elgar Publishing
ISBN 13 : 1781002452
Total Pages : 895 pages
Book Rating : 4.7/5 (81 download)

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Book Synopsis International Handbook on Teaching and Learning Economics by : Gail Mitchell Hoyt

Download or read book International Handbook on Teaching and Learning Economics written by Gail Mitchell Hoyt and published by Edward Elgar Publishing. This book was released on 2012 with total page 895 pages. Available in PDF, EPUB and Kindle. Book excerpt: ÔThe International Handbook on Teaching and Learning Economics is a power packed resource for anyone interested in investing time into the effective improvement of their personal teaching methods, and for those who desire to teach students how to think like an economist. It sets guidelines for the successful integration of economics into a wide variety of traditional and non-traditional settings in college and graduate courses with some attention paid to primary and secondary classrooms. . . The International Handbook on Teaching and Learning Economics is highly recommended for all economics instructors and individuals supporting economic education in courses in and outside of the major. This Handbook provides a multitude of rich resources that make it easy for new and veteran instructors to improve their instruction in ways promising to excite an increasing number of students about learning economics. This Handbook should be on every instructorÕs desk and referenced regularly.Õ Ð Tawni Hunt Ferrarini, The American Economist ÔIn delightfully readable short chapters by leaders in the sub-fields who are also committed teachers, this encyclopedia of how and what in teaching economics covers everything. There is nothing else like it, and it should be required reading for anyone starting a teaching career Ð and for anyone who has been teaching for fewer than 50 years!Õ Ð Daniel S. Hamermesh, University of Texas, Austin, US The International Handbook on Teaching and Learning Economics provides a comprehensive resource for instructors and researchers in economics, both new and experienced. This wide-ranging collection is designed to enhance student learning by helping economic educators learn more about course content, pedagogic techniques, and the scholarship of the teaching enterprise. The internationally renowned contributors present an exhaustive compilation of accessible insights into major research in economic education across a wide range of topic areas including: ¥ Pedagogic practice Ð teaching techniques, technology use, assessment, contextual techniques, and K-12 practices. ¥ Research findings Ð principles courses, measurement, factors influencing student performance, evaluation, and the scholarship of teaching and learning. ¥ Institutional/administrative issues Ð faculty development, the undergraduate and graduate student, and international perspectives. ¥ Teaching enhancement initiatives Ð foundations, organizations, and workshops. Grounded in research, and covering past and present knowledge as well as future challenges, this detailed compendium of economics education will prove an invaluable reference tool for all involved in the teaching of economics: graduate students, new teachers, lecturers, faculty, researchers, chairs, deans and directors.

Economics for Beginners

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Publisher : Usborne Publishing Ltd
ISBN 13 : 1801313830
Total Pages : 134 pages
Book Rating : 4.8/5 (13 download)

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Book Synopsis Economics for Beginners by : Andy Prentice

Download or read book Economics for Beginners written by Andy Prentice and published by Usborne Publishing Ltd. This book was released on 2021-05-27 with total page 134 pages. Available in PDF, EPUB and Kindle. Book excerpt: Nobody has everything they need, all the time – so how can we make do with what we have? Economics is all about understanding the choices we make to solve this problem. With bright, infographics pictures, this informative book describes why markets are so important, how businesses work out what to sell, and how governments choose how to run a country. Includes Usborne Quicklinks to specially selected websites for more information.

Learning Economics

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Publisher : Xlibris Corporation
ISBN 13 : 1462834205
Total Pages : 378 pages
Book Rating : 4.4/5 (628 download)

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Book Synopsis Learning Economics by : Arnold Kling Ph.D.

Download or read book Learning Economics written by Arnold Kling Ph.D. and published by Xlibris Corporation. This book was released on 2004-09-13 with total page 378 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book introduces the subject of economics using clear prose, rather than the graphs and equations common in many textbooks. The focus is on contemporary issues, particularly technological innovation and growth. To browse through the book or read some endorsements of the book, click here. The link below only gives you a brief excerpt.

Learning and Expectations in Macroeconomics

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Publisher : Princeton University Press
ISBN 13 : 1400824265
Total Pages : 440 pages
Book Rating : 4.4/5 (8 download)

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Book Synopsis Learning and Expectations in Macroeconomics by : George W. Evans

Download or read book Learning and Expectations in Macroeconomics written by George W. Evans and published by Princeton University Press. This book was released on 2012-01-06 with total page 440 pages. Available in PDF, EPUB and Kindle. Book excerpt: A crucial challenge for economists is figuring out how people interpret the world and form expectations that will likely influence their economic activity. Inflation, asset prices, exchange rates, investment, and consumption are just some of the economic variables that are largely explained by expectations. Here George Evans and Seppo Honkapohja bring new explanatory power to a variety of expectation formation models by focusing on the learning factor. Whereas the rational expectations paradigm offers the prevailing method to determining expectations, it assumes very theoretical knowledge on the part of economic actors. Evans and Honkapohja contribute to a growing body of research positing that households and firms learn by making forecasts using observed data, updating their forecast rules over time in response to errors. This book is the first systematic development of the new statistical learning approach. Depending on the particular economic structure, the economy may converge to a standard rational-expectations or a "rational bubble" solution, or exhibit persistent learning dynamics. The learning approach also provides tools to assess the importance of new models with expectational indeterminacy, in which expectations are an independent cause of macroeconomic fluctuations. Moreover, learning dynamics provide a theory for the evolution of expectations and selection between alternative equilibria, with implications for business cycles, asset price volatility, and policy. This book provides an authoritative treatment of this emerging field, developing the analytical techniques in detail and using them to synthesize and extend existing research.

Machine-learning Techniques in Economics

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Author :
Publisher : Springer
ISBN 13 : 3319690140
Total Pages : 97 pages
Book Rating : 4.3/5 (196 download)

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Book Synopsis Machine-learning Techniques in Economics by : Atin Basuchoudhary

Download or read book Machine-learning Techniques in Economics written by Atin Basuchoudhary and published by Springer. This book was released on 2017-12-28 with total page 97 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book develops a machine-learning framework for predicting economic growth. It can also be considered as a primer for using machine learning (also known as data mining or data analytics) to answer economic questions. While machine learning itself is not a new idea, advances in computing technology combined with a dawning realization of its applicability to economic questions makes it a new tool for economists.

Economics for Mathematicians

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Publisher : Cambridge University Press
ISBN 13 : 052128614X
Total Pages : 161 pages
Book Rating : 4.5/5 (212 download)

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Book Synopsis Economics for Mathematicians by : John William Scott Cassels

Download or read book Economics for Mathematicians written by John William Scott Cassels and published by Cambridge University Press. This book was released on 1981-12-10 with total page 161 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the expanded notes of a course intended to introduce students specializing in mathematics to some of the central ideas of traditional economics. The book should be readily accessible to anyone with some training in university mathematics; more advanced mathematical tools are explained in the appendices. Thus this text could be used for undergraduate mathematics courses or as supplementary reading for students of mathematical economics.

Further Mathematics for Economic Analysis

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Publisher : Prentice Hall
ISBN 13 :
Total Pages : 610 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Further Mathematics for Economic Analysis by : Knut Sydsæter

Download or read book Further Mathematics for Economic Analysis written by Knut Sydsæter and published by Prentice Hall. This book was released on 2005 with total page 610 pages. Available in PDF, EPUB and Kindle. Book excerpt: Further Mathematics for Economic Analysis By Sydsaeter, Hammond, Seierstad and Strom "Further Mathematics for Economic Analysis" is a companion volume to the highly regarded "E""ssential Mathematics for Economic Analysis" by Knut Sydsaeter and Peter Hammond. The new book is intended for advanced undergraduate and graduate economics students whose requirements go beyond the material usually taught in undergraduate mathematics courses for economists. It presents most of the mathematical tools that are required for advanced courses in economic theory -- both micro and macro. This second volume has the same qualities that made the previous volume so successful. These include mathematical reliability, an appropriate balance between mathematics and economic examples, an engaging writing style, and as much mathematical rigour as possible while avoiding unnecessary complications. Like the earlier book, each major section includes worked examples, as well as problems that range in difficulty from quite easy to more challenging. Suggested solutions to odd-numbered problems are provided. Key Features - Systematic treatment of the calculus of variations, optimal control theory and dynamic programming. - Several early chapters review and extend material in the previous book on elementary matrix algebra, multivariable calculus, and static optimization. - Later chapters present multiple integration, as well as ordinary differential and difference equations, including systems of such equations. - Other chapters include material on elementary topology in Euclidean space, correspondences, and fixed point theorems. A website is available which will include solutions to even-numbered problems (available to instructors), as well as extra problems and proofs of some of the more technical results. Peter Hammond is Professor of Economics at Stanford University. He is a prominent theorist whose many research publications extend over several different fields of economics. For many years he has taught courses in mathematics for economists and in mathematical economics at Stanford, as well as earlier at the University of Essex and the London School of Economics. Knut Sydsaeter, Atle Seierstad, and Arne Strom all have extensive experience in teaching mathematics for economists in the Department of Economics at the University of Oslo. With Peter Berck at Berkeley, Knut Sydsaeter and Arne Strom have written a widely used formula book, "Economists' Mathematical Manual "(Springer, 2000). The 1987 North-Holland book "Optimal Control Theory for Economists "by Atle Seierstad and Knut Sydsaeter is still a standard reference in the field.

The Learning Economy and the Economics of Hope

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Publisher : Anthem Press
ISBN 13 : 1783085983
Total Pages : 367 pages
Book Rating : 4.7/5 (83 download)

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Book Synopsis The Learning Economy and the Economics of Hope by : Bengt-Åke Lundvall

Download or read book The Learning Economy and the Economics of Hope written by Bengt-Åke Lundvall and published by Anthem Press. This book was released on 2016-12-01 with total page 367 pages. Available in PDF, EPUB and Kindle. Book excerpt: ‘The Learning Economy and the Economics of Hope’ brings together contributions by an expert on policies, management and economics of innovation and knowledge. It offers original insights in processes of innovation and learning and it draws implications for economic theory and public policy. It introduces the reader to important concepts such as innovation systems and the learning economy. It throws a new light on economic development and opens up for a new kind of economics – the economics of hope. It offers a fresh perspective on many of the most important global challenges of today showing how full attention to the characteristics of the learning economy needs to be combined with innovation in global governance if we want to be able to handle these challenges. ‘The Learning Economy and the Economics of Hope’ presents work published between 1985 and 1992 and introduces the core concepts innovation as an interactive process. The analysis demonstrates that new technology is developed in an interaction between individuals and organisations and that innovation would not thrive in an economy similar to textbook models of pure markets and perfect competition. It also presents articles that were published between 2004 and 2010. These may be seen as further developments and evidence-based consolidation of ideas that were presented more than ten years earlier. It presents the learning economy through the perspective of the economics of knowledge. The concluding part of the book includes three papers that make use of the conceptual frameworks developed in an analysis of China’s innovation system and policy, Europe’s crisis and Africa’s underdevelopment.

Modern Political Economics

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Publisher : Routledge
ISBN 13 : 1136814744
Total Pages : 543 pages
Book Rating : 4.1/5 (368 download)

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Book Synopsis Modern Political Economics by : Yanis Varoufakis

Download or read book Modern Political Economics written by Yanis Varoufakis and published by Routledge. This book was released on 2012-03-29 with total page 543 pages. Available in PDF, EPUB and Kindle. Book excerpt: Once in a while the world astonishes itself. Anxious incredulity replaces intellectual torpor and a puzzled public strains its antennae in every possible direction, desperately seeking explanations for the causes and nature of what just hit it. 2008 was such a moment. Not only did the financial system collapse, and send the real economy into a tailspin, but it also revealed the great gulf separating economics from a very real capitalism. Modern Political Economics has a single aim: To help readers make sense of how 2008 came about and what the post-2008 world has in store. The book is divided into two parts. The first part delves into every major economic theory, from Aristotle to the present, with a determination to discover clues of what went wrong in 2008. The main finding is that all economic theory is inherently flawed. Any system of ideas whose purpose is to describe capitalism in mathematical or engineering terms leads to inevitable logical inconsistency; an inherent error that stands between us and a decent grasp of capitalist reality. The only scientific truth about capitalism is its radical indeterminacy, a condition which makes it impossible to use science's tools (e.g. calculus and statistics) to second-guess it. The second part casts an attentive eye on the post-war era; on the breeding ground of the Crash of 2008. It distinguishes between two major post-war phases: The Global Plan (1947-1971) and the Global Minotaur (1971-2008). This dynamic new book delves into every major economic theory and maps out meticulously the trajectory that global capitalism followed from post-war almost centrally planned stability, to designed disintegration in the 1970s, to an intentional magnification of unsustainable imbalances in the 1980s and, finally, to the most spectacular privatisation of money in the 1990s and beyond. Modern Political Economics is essential reading for Economics students and anyone seeking a better understanding of the 2008 economic crash.

Economics in Two Lessons

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Publisher : Princeton University Press
ISBN 13 : 0691217424
Total Pages : 404 pages
Book Rating : 4.6/5 (912 download)

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Book Synopsis Economics in Two Lessons by : John Quiggin

Download or read book Economics in Two Lessons written by John Quiggin and published by Princeton University Press. This book was released on 2021-04-13 with total page 404 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since 1946, Henry Hazlitt's bestselling Economics in One Lesson has popularized the belief that economics can be boiled down to one simple lesson: market prices represent the true cost of everything. But one-lesson economics tells only half the story. It can explain why markets often work so well, but it can't explain why they often fail so badly--or what we should do when they stumble. Quiggin teaches both lessons, offering an introduction to the key ideas behind the successes--and failures--of free markets. He explains why market prices often fail to reflect the full cost of our choices to society as a whole. Two-lesson economics means giving up the dogmatism of laissez-faire as well as the reflexive assumption that any economic problem can be solved by government action, since the right answer often involves a mixture of market forces and government policy. But the payoff is huge: understanding how markets actually work--and what to do when they don't. This book unlocks the essential issues at the heart of any economic question. --From publisher description.

Economics of Education

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Publisher : Worth
ISBN 13 : 9781319282202
Total Pages : pages
Book Rating : 4.2/5 (822 download)

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Book Synopsis Economics of Education by : Michael Lovenheim

Download or read book Economics of Education written by Michael Lovenheim and published by Worth. This book was released on 2019-12-18 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: While there are many great research articles, good books, and provocative policy analyses related to the economics of education, these materials are often written to influence the policy process and not necessarily for students with limited knowledge of the underlying policies and the economic framework. This textbook is intended to serve as a foundation for a broad-based course on the economics of education. Its goal is to provide an overview of economics of education research: to lay out the evidence as clearly as possible, note agreements, disagreements, and unresolved points in literature, and to help students develop the tools necessary to draw their own conclusions.

Approaches to Learning and Teaching Business & Economics

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Publisher : Cambridge University Press
ISBN 13 : 1316645940
Total Pages : 161 pages
Book Rating : 4.3/5 (166 download)

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Book Synopsis Approaches to Learning and Teaching Business & Economics by : Andrew Gillespie

Download or read book Approaches to Learning and Teaching Business & Economics written by Andrew Gillespie and published by Cambridge University Press. This book was released on 2017-08-31 with total page 161 pages. Available in PDF, EPUB and Kindle. Book excerpt: A subject-specific guide for teachers to supplement professional development and provide resources for lesson planning. Approaches to learning and teaching Business & Economics is the result of close collaboration between Cambridge University Press and Cambridge International Examinations. Considering the local and global contexts when planning and teaching an international syllabus, the title presents ideas for Business and Economics with practical examples that help put theory into context. Teachers can download online lesson planning tools from our website. This book is ideal support for those studying professional development qualifications or international PGCEs.

Economics of Distance and Online Learning

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Author :
Publisher : Routledge
ISBN 13 : 1135892105
Total Pages : 309 pages
Book Rating : 4.1/5 (358 download)

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Book Synopsis Economics of Distance and Online Learning by : William J. Bramble

Download or read book Economics of Distance and Online Learning written by William J. Bramble and published by Routledge. This book was released on 2008-03-31 with total page 309 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a comprehensive overview of the organizational models of distance and online learning from an international perspective and from the point of view of economic planning, costing and management decision-making. The book points to directions for the further research and development in this area, and will promote further understanding and critical reflection on the part of administrators, practitioners and researchers of distance education. The experiences and perspectives in distance education in the US are balanced with those in other areas of the world.

The Theory of Learning in Games

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Publisher : MIT Press
ISBN 13 : 9780262061940
Total Pages : 304 pages
Book Rating : 4.0/5 (619 download)

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Book Synopsis The Theory of Learning in Games by : Drew Fudenberg

Download or read book The Theory of Learning in Games written by Drew Fudenberg and published by MIT Press. This book was released on 1998 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work explains that equilibrium is the long-run outcome of a process in which non-fully rational players search for optimality over time. The models they e×plore provide a foundation for equilibrium theory and suggest ways for economists to evaluate and modify traditional equilibrium concepts.