The Economic Way of Thinking

The Economic Way of Thinking

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For one-term Principles/Survey of Economics courses.

Noted for its clear and informative style, this text provides an in-depth discussion of a limited, but crucial set of economic principles and concepts, then applies these tools of analysis to a wide variety of familiar situations. It presents conceptually demanding material in a lively, often witty fashion that is both accessible and pertinent for beginning students.
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Product details

  • Paperback | 560 pages
  • 190.5 x 231.14 x 15.24mm | 884.5g
  • Pearson
  • United States
  • English
  • 9th edition
  • 0130132993
  • 9780130132994

Table of contents

1. The Economic Way of Thinking.

2. Substitutes Everywhere: The Concept of Demand.

3. Opportunity Cost and the Supply of Goods.

4. Supply and Demand: A Process of Cooperation.

5. Supply and Demand: Issues and Applications.

6. Efficiency, Exchange, and Comparative Advantage.

7. Information, Middlemen, and Speculators.

8. Price Setting and the Question of Monopoly.

9. Price Searching.

10. Competition and Government Policy.

11. Profit.

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.


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Rating details

122 ratings
3.98 out of 5 stars
5 44% (54)
4 25% (31)
3 20% (24)
2 6% (7)
1 5% (6)
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