Economics for Nonprofit Managers and Social Entrepreneurs

Dennis R. Young, Emeritus Professor, Case Western Reserve University and Georgia State University, Richard Steinberg, Professor of Economics, Philanthropic Studies and Public Affairs, Indiana University – Purdue University, Indianapolis (IUPUI), Rosemarie Emanuele, Professor of Business and Mathematics, Ursuline College, Pepper Pike, Ohio and Walter O. Simmons, Professor of Economics and Associate Dean, Boler College of Business, John Carroll University, US

'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

• Contents: 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