This paper demonstrates how the transformation of the taxi industry is an example of Coase’s Theorem in practice. The Coase Theorem, as postulated by Nobel Laureate Ronald Coase (1991), is one of the simplest yet profound ideas in economics. The recent advent of new mobile app entrants in the...

Principles of Economics students at Mississippi State University were provided the opportunity to use computer assisted instruction (CAI) as a supplemental study activity. Students were free to choose the extent of their computer work. Throughout the course, weekly surveys were conducted to...

In article the economic nature of education as public benefit is considered. The education role is estimated at evolutions of modern society as priority direction of growth of welfare of all members of society. The attention of category of quality of education which is understood as a form of...

A growing number of today’s college students attend local 2-year community colleges. Many of these students will ultimately transfer to major universities in pursuit of the traditional Bachelors degree. The question of whether such transfer credits adequately prepare students for future...

The study was conducted in the mountainous areas of district Swat in the year 2010 to assess the causes of drop outs in primary schools of mountainous areas. Primary data was obtained through three different structured questionnaires using a sample of size sixty allocating to fifty government...

As South African universities experience extremely low graduation rates, academic staff implement a range of interventions, for instance tutorial programmes, in order to improve student performance. However, relatively little is known about the impact of such tutorial programmes on students’...

This study is an investigation into relative overeducation and life satisfaction using British longitudinal data. The focus is on young people rather than the whole of the life cycle, avoiding the possibility that overeducation may simply capture the increased participation in Higher Education...

Monetary Policies of expanding liquidity through bottom low interest rate; stimulus packages, quantitative easing, etc should be transmissible to the entire market (i.e. economy) for best performance. However, current markets (i.e. economies) do not posses enough market security to provide the...

The monograph and study materials present the concepts of modern economics. The essences of micro - , macroeconomic theories, economic sociology, institutional economics, and economic psychology are revealed on examples of real situations with regard of the experience of the Russian economy...

To define the nature and scope of economics has always been a controversial point in the academia. Though, economics is the social science that analyzes the production, distribution, and consumption of goods and services, its uses with political intentions to implement social agenda of the...