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The Economic Way of Thinking
ISBN: 9780131543690 | 0131543695
Edition: 12thFormat: Paperback
Publisher: Prentice Hall
Pub. Date: 1/1/2010
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Primarily for a one-semester survey course in general economics. The Economic Way of Thinking develops the basic principles of micro- and macroeconomic analysis, and employs them as tools rather than ends unto themselves. This text introduces students to a method of reasoning; to think like an economist 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.
| The Economic Way of Thinking | |
| Efficiency, Exchange, and Comparative Advantage | |
| Substitutes Everywhere: The Concept of Demand | |
| Opportunity Cost and the Supply of Goods | |
| Supply and Demand: A Process of Cooperation | |
| Supply and Demand: Issues and Applications | |
| Profit and Loss | |
| Competition and Monopoly | |
| Price Searching | |
| Competition and Government Policy | |
| The Distribution of Income | |
| Externalities and Conflicting Rights | |
| Markets and Government | |
| The Overall Performance of Economic Systems | |
| Employment and Unemployment | |
| The Supply of Money | |
| Monetary and Fiscal Policies | |
| Economic Performance and Political Economy | |
| National Policies and International Exchange | |
| Promoting Economic Growth | |
| The Limitations of Economics | |
| Table of Contents provided by Publisher. All Rights Reserved. |
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