Economics at the Wheel; The Costs of Cars and Drivers

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Overview

Economics at the Wheel is about cars and driving, and all the problems that cars and drivers create for America. It explains actual government policy intended to reduce the damage cars and drivers do to us, and it explains why these government policies are almost all failures because they attack the wrong problem or attack it in the wrong way. The reader will come away with a much fuller understanding of air pollution, global warming, highway safety, auto insurance, gasoline taxation, rush-hour congestion, leaking underground storage tanks, and many other auto-related issues.

Key Features
* Presents continuous application to real policy issues of introductory microeconomic theory
* Looks at common actions and circumstances from an economics perspective
* Readable with accessible prose style and few footnotes
* Includes questions to provoke student thinking and boxed sections of side materials to stimulate discussions
* Maintains a breezy style; begun as class note, the author has tried to keep the book as near the give-and-take of a small class as possible
* Makes the immense technical economic literature on automobiles accessible to undergraduates with a minimum of formal theory, math, and graph abilities

Audience: Students in urban economics, transportation economics, and economic policy; those working in tranportation engineering, public policy, and environmental studies.

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Product Details

  • ISBN-13: 9780125623612
  • Publisher: Elsevier Science & Technology Books
  • Publication date: 10/28/1999
  • Pages: 258
  • Product dimensions: 6.02 (w) x 9.00 (h) x 0.52 (d)

Table of Contents

Preface
Glossary
1 Introduction 1
App External Costs and Policy 5
2 The Cost of Driving 15
3 The Demand for Driving 25
App Who Really Pays a Gasoline Tax? 35
4 Fuel Efficiency 41
5 Air Pollution 55
App Benefit-Cost Analysis of Automotive Emissions Controls 70
6 Global Warming 73
7 An Overview of Highway Safety 87
App The Value of Life 94
8 Vehicle Safety 99
9 Seat Belts and Air Bags 109
10 Legal Liability and Insurance 119
11 Alcohol 129
12 Youth 137
13 Speed and Highway Design 147
14 Congestion, Roads, and Parking 155
App The Theory of Highway Congestion 167
15 Water Pollution 173
16 Potpourri 181
17 Where Should We Go from Here? 191
18 Where Can We Go from Here? 201
Answers to Text Questions 209
References 229
Index 249
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