Free Ebook The Economic Way of Thinking, 12th Edition, by Paul Heyne, Peter J. Boettke, David L. Prychitko
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The Economic Way of Thinking, 12th Edition, by Paul Heyne, Peter J. Boettke, David L. Prychitko
Free Ebook The Economic Way of Thinking, 12th Edition, by Paul Heyne, Peter J. Boettke, David L. Prychitko
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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.
- Sales Rank: #31325 in Books
- Published on: 2009-01-17
- Ingredients: Example Ingredients
- Original language: English
- Number of items: 1
- Dimensions: 9.00" h x .70" w x 7.50" l, 1.50 pounds
- Binding: Paperback
- 456 pages
Most helpful customer reviews
2 of 2 people found the following review helpful.
The Economic Way of Thinking makes the subject enjoyable
By Douglas Preston
When people say the word economics, listeners usually begin horror stories or knit their eyebrows in sympathy. Heyne, Boettke, and Prychitko's book, The Economic Way of Thinking, makes the subject not only accessible but enjoyable.
18 of 19 people found the following review helpful.
Very different way of teaching economics - I like it
By Nhon Quach
I recently took a course that used this as the main textbook. When I read the book the first time before the course started, I didn't like it at all and was thinking of dropping the course. But after the course started and the professor went over the material in greater detail, I began to understand and appreciate why the authors chose to write the book this way, instead of in the way most conventional textbooks are written -- define and explain new terms or concepts, etc.
Like other conventional economic textbooks, the Economic Way of Thinking teaches major concepts in micro and macro economics (such as supply and demand, inflation, GDP, etc.) but teaches them in a much more engaging way -- not just a collection of facts, definition of terms or concepts, etc. The authors pointed out the importance and subtlety in each new term or concept. That gave me additional insight into the material in the book. I also found the exercises at the end of the chapters very useful.
2 of 2 people found the following review helpful.
I feel like everyone should own this book
By A. Rehman
I feel like everyone should own this book. It presents economics in such a no-nonsense style with real world applications.
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