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REFERENCES
Welcome to Economics!
Bureau of Labor Statistics, U.S. Department of Labor. 2015. "The Employment Situation—February 2015."
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Williamson, Lisa. “US Labor Market in 2012.” Bureau of Labor Statistics. Accessed December 1, 2013.
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The Heritage Foundation. 2015. "2015 Index of Economic Freedom." Accessed March 11, 2015.
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Garling, Caleb. “S.F. plane crash: Reporting, emotions on social media,” The San Francisco Chronicle. July 7,
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Irvine, Jessica. “Social Networking Sites are Factories of Modern Ideas.” The Sydney Morning Herald.
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Choice in a World of Scarcity
Bureau of Labor Statistics, U.S. Department of Labor. 2015. “Median Weekly Earnings by Educational
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earnings-by-education-gender-race-and-ethnicity-in-2014.htm.
Robbins, Lionel. An Essay on the Nature and Significance of Economic Science. London: Macmillan. 1932.
United States Department of Transportation. “Total Passengers on U.S Airlines and Foreign Airlines U.S.
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Smith, Adam. “Of Restraints upon the Importation from Foreign Countries.” In The Wealth of Nations. London:
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Smith, Adam. “Of the Propriety of Action.” In The Theory of Moral Sentiments. London: A. Millar, 1759, 1.
Demand and Supply
Costanza, Robert, and Lisa Wainger. “No Accounting For Nature: How Conventional Economics Distorts the
Value of Things.” The Washington Post. September 2, 1990.
European Commission: Agriculture and Rural Development. 2013. "Overview of the CAP Reform: 2014-2024."
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Radford, R. A. “The Economic Organisation of a P.O.W. Camp.” Economica. no. 48 (1945): 189-201.
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References 955
Landsburg, Steven E. The Armchair Economist: Economics and Everyday Life. New York: The Free Press. 2012.
specifically Section IV: How Markets Work.
National Chicken Council. 2015. "Per Capita Consumption of Poultry and Livestock, 1965 to Estimated 2015, in
Pounds." Accessed April 13, 2015. https://www.nationalchickencouncil.org/about-the-industry/statistics/
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Wessel, David. “Saudi Arabia Fears $40-a-Barrel Oil, Too.” The Wall Street Journal. May 27, 2004, p. 42.
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Pew Research Center. “Pew Research: Center for the People & the Press.” http://www.people-press.org/.
Labor and Financial Markets
American Community Survey. 2012. "School Enrollment and Work Status: 2011." Accessed April 13, 2015.
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National Center for Educational Statistics. “Digest of Education Statistics.” (2008 and 2010). Accessed
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CreditCards.com. 2013. http://www.creditcards.com/credit-card-news/credit-card-industry-facts-personal-
debt-statistics-1276.php.
Williams, Walter E. 2017. "Mimimum Wage and Discrimination." Distributed by Creators Syndicate. Accessed
2022. https://www.lubbockonline.com/story/opinion/columns/2017/02/13/walter-williams-minimum-
wage-and-discrimination/14874014007.
Elasticity
Abkowitz, A. “How Netflix got started: Netflix founder and CEO Reed Hastings tells Fortune how he got the idea
for the DVD-by-mail service that now has more than eight million customers.” CNN Money. Last Modified
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Associated Press (a). ”Analyst: Coinstar gains from Netflix pricing moves.” Boston Globe Media Partners, LLC.
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Associated Press (b). “Netflix loses 800,000 US subscribers in tough 3Q.” ABC Inc. Accessed June 24, 2013.
http://abclocal.go.com/wpvi/story?section=news/business&id=8403368
Baumgardner, James. 2014. “Presentation on Raising the Excise Tax on Cigarettes: Effects on Health and the
Federal Budget.” Congressional Budget Office. Accessed March 27, 2015. http://www.cbo.gov/sites/default/
files/45214-ICA_Presentation.pdf.
Funding Universe. 2015. “Netflix, Inc. History.” Accessed March 11, 2015. http://www.fundinguniverse.com/
company-histories/netflix-inc-history/.
Laporte, Nicole. “A tale of two Netflix.” Fast Company 177 (July 2013) 31-32. Accessed December 3 2013.
http://www.fastcompany-digital.com/fastcompany/20130708?pg=33#pg33
Liedtke, Michael, The Associated Press. “Investors bash Netflix stock after slower growth forecast - fee hikes
expected to take toll on subscribers most likely to shun costly bundled Net, DVD service.” The Seattle Times.
Accessed June 24, 2013 from NewsBank on-line database (Access World News).
Netflix, Inc. 2013. “A Quick Update On Our Streaming Plans And Prices.” Netflix (blog). Accessed March 11,
2015. http://blog.netflix.com/2014/05/a-quick-update-on-our-streaming-plans.html.
Organization for Economic Co-Operation and Development (OECC). n.d. “Average annual hours actually
956 References
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worked per worker.” Accessed March 11, 2015. https://stats.oecd.org/Index.aspx?DataSetCode=ANHRS.
Savitz, Eric. “Netflix Warns DVD Subs Eroding; Q4 View Weak; Losses Ahead; Shrs Plunge.” Forbes.com, 2011.
Accessed December 3, 2013. http://www.forbes.com/sites/ericsavitz/2011/10/24/netflix-q3-top-ests-but-
shares-hit-by-weak-q4-outlook/.
Statistica.com. 2014. “Coffee Export Volumes Worldwide in November 2014, by Leading Countries (in 60-kilo
sacks).” Accessed March 27, 2015. http://www.statista.com/statistics/268135/ranking-of-coffee-exporting-
countries/.
Stone, Marcie. “Netflix responds to customers angry with price hike; Netflix stock falls 9%.” News & Politics
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Weinman, J. (2012). Die hard, hardly dying. Maclean's, 125(18), 44.
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indicator/NY.GNS.ICTR.ZS.
Yahoo Finance. Retrieved from http://finance.yahoo.com/q?s=NFLX
Consumer Choices
U.S. Bureau of Labor Statistics. 2015. “Consumer Expenditures in 2013.” Accessed March 11, 2015.
http://www.bls.gov/cex/csxann13.pdf.
U.S. Bureau of Labor Statistics. 2015. “Employer Costs for Employee Compensation—December 2014.”
Accessed March 11, 2015. http://www.bls.gov/news.release/pdf/ecec.pdf.
U.S. Bureau of Labor Statistics. 2015. “Labor Force Statistics from the Current Population Survey.” Accessed
March 11, 2015. http://www.bls.gov/cps/cpsaat22.htm.
Holden, Sarah, and Daniel Schrass. 2012. “The rose of IRAs in U.S Households’ Saving for Retirement, 2012.”
ICI Research Perspective 18.8 (2012). http://www.ici.org/pdf/per18-08.pdf.
Kahneman, Daniel and Amos Tversky. “Prospect Theory: An Analysis of Decision under Risk.” Econometrica
47.2 (March 1979)263-291.
Thaler, Richard H. “Shifting Our Retirement Savings into Automatic.” The New York Times, April 6, 2013.
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Production, Costs, and Industry Structure
2010 U.S. Census. www.census.gov.
Perfect Competition
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http://www.indexmundi.com/commodities/?commodity=wheat.
Knutson, J. “Wheat on the Defensive in the Northern Plains.” Agweek, Associated Press State Wire: North
Dakota (ND). April 14, 2013.
SBA Office of Advocacy. 2014. “Frequently Asked Questions: Advocacy: the voice of small business in
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References 957
Monopoly
Aboukhadijeh, Feross. “Chapter 20: Girding for War - The North and the South, 1861-1865.” StudyNotes, Inc.
Accessed July 7, 2013. http://www.apstudynotes.org/us-history/outlines/chapter-20-girding-for-war-the-
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British Parliament. “(28 August 1833). Slavery Abolition Act 1833; Section LXIV.” Accessed July 2013.
http://www.pdavis.nl/Legis_07.htm.
Dattel, E. (nd). "Cotton and the Civil War." Mississippi Historical Society. Accessed July 2013.
http://mshistorynow.mdah.state.ms.us/articles/291/cotton-and-the-civil-war.
Gartner. 2015. “Gartner Says Tablet Sales Continue to Be Slow in 2015.” Accessed March 12, 2015.
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Grogan, David. 2015. “Federal Judge Finds AmEx’s Anti-Steering Rule Violates Antitrust Law.” American
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amex%E2%80%99s-anti-steering-rule-violates-antitrust-law.
Massachusetts Historical Society. “The Coming of the American Revolution 1764-1776: The Boston Tea Party.”
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Massachusetts Historical Society. “Whereas our Nation.” The Massachusetts Gazette, p. 2. Accessed July 2013
http://www.masshist.org/revolution/image-
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Pelegrin, William. 2015. “Judge Overrules Antitrust Case Against Google , Says Setting Default Search Engines
Is Fair.” Digital Trends. Accessed March 12, 2015. http://www.digitaltrends.com/mobile/judge-tosses-out-
google-antitrust-lawsuit/.
Monopolistic Competition and Oligopoly
Kantar Media. “Our Insights: Infographic—U.S. Advertising Year End Trends Report 2012.” Accessed October
17, 2013. http://kantarmedia.us/insight-center/reports/infographic-us-advertising-year-end-trends-
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Statistica.com. 2015. “Number of Restaurants in the United States from 2011 to 2014.” Accessed March 27,
2015. http://www.statista.com/statistics/244616/number-of-qsr-fsr-chain-independent-restaurants-in-the-
us/.
The United States Department of Justice. “Antitrust Division.” Accessed October 17, 2013.
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eMarketer.com. 2014. “Total US Ad Spending to See Largest Increase Since 2004: Mobile advertising leads
growth; will surpass radio, magazines and newspapers this year. Accessed March 12, 2015.
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Federal Trade Commission. “About the Federal Trade Commission.” Accessed October 17, 2013.
http://www.ftc.gov/ftc/about.shtm.
Monopoly and Antitrust Policy
Bishop, Todd. 2014. “Microsoft Exec Admits New Reality: Market Share No Longer 90% — It’s 14%.”GeekWire.
Accessed March 27, 2015. http://www.geekwire.com/2014/microsoft-exec-admits-new-reality-market-
share-longer-90-14/.
Catan, T., & Dezember, R. “Kinder-El Paso Merger to Face Antitrust Scrutiny,” Wall Street Journal. October 19,
2011.
958 References
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Collins, A. “Tallgrass Energy to Acquire Kinder Morgan Assets for $1.8B.” The Middle Market, Accessed August
2013. http://www.themiddlemarket.com/news/tallgrass-energy-to-acquire-kinder-morgan-assets-
for-1-point-8-billion-232862-1.html.
Conoco Phillips. “Why Natural Gas.” Accessed August 2013. http://www.powerincooperation.com/en/pages/
useful.html?gclid=COXg7rH3hrgCFWlp7AodtkgA3g.
De la Merced, M. (2012, August 20). “Kinder Morgan to Sell Assets to Tallgrass for $1.8 Billion.” The New York
Times. August 20, 2012.
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Kahn, C. “Kinder Morgan to Buy El Paso Corp. for $20.7B.” USA Today. October 17, 2011.
Kinder Morgan. (2013). “Investor Information.” Accessed August 2013. http://www.kindermorgan.com/
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Rogowsky, Mark. 2014. “There'd Be No Wireless Wars Without The Blocked T-Mobile Merger, So Where Does
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The Wall Street Journal. 2015. “Auto Sales.” Accessed April 10, 2015. http://online.wsj.com/mdc/public/page/
2_3022-autosales.html.
Environmental Protection and Negative Externalities
Johnson, Oscar William. “Back on Track: Earth Day Success Story; The Chattanooga Choo-Choo No Longer
Spews Foul Air.” Sports Illustrated. April 30, 1990. http://www.si.com/vault/1990/04/30/121923/back-on-
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U.S. Energy Information Administration. “Total Energy: Monthly Energy Review.” U.S. Department of Energy.
Accessed December 19, 2013. http://www.eia.gov/totalenergy/data/monthly/.
Environmental Protection Agency. “2006 Pay-As-You-Throw Programs.” Accessed December 20, 2013.
http://www.epa.gov/epawaste/conserve/tools/payt/states/06comm.htm.
European Union. “Durban Conference Delivers Breakthrough for Climate.” Press release. December 11, 2012.
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Positive Externalities and Public Goods
Arias, Omar and Walter W. McMahon. “Dynamic Rates of Return to Education in the U.S.” Economics of
Education Review. 20, 2001. 121–138.
Biography.com. 2015. “Alan Turing.” Accessed April 1, 2015. http://www.biography.com/people/alan-
turing-9512017.
Canty Media. 2015. “The World: Life Expectancy (2015) - Top 100+.” Accessed April 1, 2015.
http://www.geoba.se/population.php?pc=world&type=15.
Hyclak, Thomas, Geraint Johnes, and Robert Thornton. Fundamentals of Labor Economics. Boston: Houghton
Mifflin Company, 2005.
References 959
	References
	Welcome to Economics!
	Choice in a World of Scarcity
	Demand and Supply
	Labor and Financial Markets
	Elasticity
	Consumer Choices
	Production, Costs, and Industry Structure
	Perfect Competition
	Monopoly
	Monopolistic Competition and Oligopoly
	Monopoly and Antitrust Policy
	Environmental Protection and Negative Externalities
	Positive Externalities and Public Goods

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