The economic way of thinking
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Bibliographic Information
The economic way of thinking
(Prentice Hall series in economics)
Prentice Hall, c2003
10th ed
- : pbk
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Note
Includes index
Description and Table of Contents
Description
The text is designed primarily for a one semester survey course in general economics. It has also been successfully used in M.B.A. economics courses and in Master's courses in economic education.
The Economic Way of Thinking develops the basic principles of micro- and macroeconomic analysis, and rigorously employs them as tools rather than ends unto themselves. This text introduces students to a method of reasoning; to think like an economist. It teaches students through example and application. It even teaches by showing students how not to think, by exposing them to the errors implicit in much popular reasoning about economic events.
Table of Contents
1. The Economic Way of Thinking.
2. Efficiency, Exchange, and Comparative Advantage.
3. Substitutes Everywhere: The Concept of Demand.
4. Opportunity Cost and the Supply of Goods.
5. Supply and Demand: A Process of Cooperation.
6. Supply and Demand: Issues and Applications.
7. Information, Middlemen, and Speculators.
8. Profit and Loss.
9. Competition and Monopoly.
10. Price Searching.
11. Competition and Government Policy.
12. The Distribution of Income.
13. Externalities and Conflicting Rights.
14. Markets and Government.
15. The Overall Performance of Economic Systems.
16. The Supply of Money.
17. Monetary and Fiscal Policies.
18. National Policies and International Exchange.
19. Employment and Unemployment.
20. Promoting Economic Growth.
21. Economic Performance and Political Economy.
22. The Limitations of Economics.
by "Nielsen BookData"