Paul Heyne, University of Washington, Peter J. Boettke, George Mason University, David L. Prychitko, Northern Michigan University.
EDITION STATEMENT
Edition Statement
Thirteenth edition.
.PUBLICATION, DISTRIBUTION, ETC
Place of Publication, Distribution, etc.
Boston :
Name of Publisher, Distributor, etc.
Pearson,
Date of Publication, Distribution, etc.
[2014]
PHYSICAL DESCRIPTION
Specific Material Designation and Extent of Item
xvii, 438 pages ;
Dimensions
23 cm
SERIES
Series Title
The Pearson series in economics
GENERAL NOTES
Text of Note
Includes index.
INTERNAL BIBLIOGRAPHIES/INDEXES NOTE
Text of Note
Includes bibliographical references and index.
CONTENTS NOTE
Text of Note
1. The economic way of thinking -- 2. Efficiency, exchange, and comparative advantage -- 3. Substitutes everywhere: the concept of demand -- 4. Cost and choice: the concept of supply -- 5. Supply and demand: a process of coordination -- 6. Unintended consequences: more applications of supply and demand -- 7. Profit and loss -- 8. Price searching -- 9. Competition and government policy -- 10. Externalities and conflicting rights -- 11. Markets and government -- 12. The distribution of income -- 13. Measuring the overall performance of economic systems -- 14. Money -- 15. Economic performance and real-world politics -- 16. The wealth of nations: globalization and economic growth.
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SUMMARY OR ABSTRACT
Text of Note
This book explains the basic principles of micro - and macroeconomic analysis and shows a method of reasoning that teaches them how to apply these principles as tools. It offers a method of reasoning to think like an economist through example and application and also shows how not to think, by exposing errors in popular economic reasoning.