Description
Book SynopsisEconomics for Nonprofit Managers and Social Entrepreneurs updates the world's first textbook in nonprofit economics, and shows how economics contributes to better managerial decisions on social matters.
A pioneering textbook for nonprofit and social managers, this second edition adds risk analysis, game theory, and behavioral economics to the managerial tool kit, along with analysis at the margin, opportunity cost, elasticity of demand and supply, market power, and cost-benefit analysis, with numerous timely examples.
This text is essential for nonprofit managers and social entrepreneurs, and of interest to all economics students.
Trade Review'An indispensable book for managers of nonprofits. The new edition includes excellent additional chapters that give insights into decision-making under uncertainty and risk using concepts from behavioral economics and game theory.' --Femida Handy, University of Pennsylvania, US
Table of ContentsContents: Dedication Foreword by Patrick Rooney Foreword to the first edition by Burton A. Weisbrod Preface 1. Why Should Nonprofit Managers and Social Entrepreneurs Study Economics? 2. The Place of Nonprofits and Social Enterprise in the U.S. Economy 3. Policy and Management Issues 4. Analysis of Economic Functions 5. Thinking at the Margin 6. The Concept of Cost 7. Analysis of Competitive Markets 8. Market Power 9. Applications of Market Analysis 10. Economic Decision Making Under Risk 11. Games of Collaboration and Competition 12. Behavioral Research in Economics 13. Market Failure 14. Cost-Benefit Analysis 15. Using Economics in Practice Musical Appendix About the Authors Index
