Economic Way of Thinking

Name: Economic Way of Thinking
Price: 3.62 USD
Availability: InStock
ISBN: 9780136039853

ISBN-10: 0136039855

ISBN-13: 9780136039853

Edition: 12th 2010

Authors: Paul Heyne, Peter J. Boettke, David L. Prychitko

List price: $190.40

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Description:

The Economic Way of Thinkingdevelops the basic principles of micro- and macroeconomic analysis, and employs them astoolsrather than ends unto themselves. This updated text introduces students to a method of reasoning; to think like an economist through example and application. It even teaches by showing students hownotto think, by exposing them to the errors implicit in much popular reasoning about economic events.

Book details

List price: $190.40
Edition: 12th
Copyright year: 2010
Publisher: Prentice Hall PTR
Publication date: 1/7/2009
Binding: Paperback
Pages: 456
Size: 7.50" wide x 8.75" long x 0.75" tall
Weight: 1.540
Language: English



Preface


About the Authors



The Economic Way of Thinking


Questions for Discussion



Efficiency, Exchange, and Comparative Advantage


An Appendix: Economic Growth: Specialization, Exchange, and The Rule of Law


Questions for Discussion



Substitutes Everywhere: The Concept of Demand


Questions for Discussion



Cost and Choice: The Concept of Supply


Questions for Discussion



Supply and Demand: A Process of Coordination


An Appendix: Coordination Problems: Transaction Costs


Questions for Discussion



Unintended Consequences: More Applications of Supply and Demand


An Appendix: Framing Economic Questions Correctly


Questions for Discussion



Profit and Loss


An Appendix: Profiteering in Futures Markets


Questions for Discussion



Price Searching


Questions for Discussion



Competition and Government Policy


Questions for Discussion



Externalities and Conflicting Rights


Questions for Discussion



Markets and Government


Questions for Discussion



Measuring the Overall Performance of Economic Systems


An Appendix: Limitations of National Income Accounting


Questions for Discussion



The Wealth of Nations: Globalization and Economic Growth


An Appendix: The Difficulties of International GDP Comparisons


Questions for Discussion



Money


An Appendix: What About Gold?


Questions for Discussion



Economic Performance and Real-World Politics


Questions for Discussion



Renewal of the Debate: Some Parting Thoughts


Glossary


Index