The Economic Way Of Thinking (Paperback: 428 pages)
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Product Details: The Economic Way Of Thinking
| Author: | David L. Prychitko, Peter Boettke, Paul Heyne |
| Format: | Paperback: 428 pages. |
| Publisher: | Prentice Hall (10/15/2008) |
| ISBN: | 0136039855 |
| ISBN13: | 9780136039853 |
| Reading Level: |
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Publisher Notes: The Economic Way Of Thinking
- Accomplish more with less, learn "The Economic Way of Thinking." KEY TOPICS: The Economic Way of Thinking; Efficiency, Exchange and Comparative Advantage; Substitutes Everywhere: The Concept of Demand; Cost and Choice: The Concept of Supply; Supply and Demand: A Process of Coordination; Unintended Consequences: More Applications of Supply and Demand; Profit and Loss; Price Searching; Competition and Government Policy; Externalities and Conflicting Rights; Markets and Government; Measuring the Overall Performance of Economic Systems; The Wealth of Nations: Globalization and Economic Growth; Money; Economic Performance and Real-World Politics; The Limitations of Economics MARKET: This text goes beyond explaining the basic principles of micro- and macroeconomic analysis by showing readers how to apply these principles as "tools. "The authors expose a method of reasoning that encourages readers to think like an economist through example and application. They also show readers how not to think, by exposing errors in popular economic reasoning.
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