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The fourth edition of this popular textbook draws on recent developments in social issues, placing them within an economic framework that provides both an introduction and a clear analysis of these concerns. The authors have retained the established structure of previous editions while expanding their outlook to delve into the economics of poverty and social exclusion, crime and the ageing population in addition to thoroughly updating sections on health, environment and education among others.
This book discusses the quality of life, a topic of concern now
more than ever before. Government policy demands that programs
prove their "cost-effectiveness" in order to insure that they
receive new or continued funding. Social scientists have been drawn
into this process, directly as assessors of the cost-effectivemness
of policies, and indirectly, as the political climate increasingly
shapes research priorities and budgets.
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