The Economic Way of Thinking
10th Edition
Published on 14. June 2002
Book
Paperback/Softback
529 pages
978-0-13-060810-9 (ISBN)
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.
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.
Reviews / Votes
"I feel very positive about this revision. I liked The Economic Way of Thinking before and now I like it better." - Howard Swaine, Northern Michigan University (Has used Heyne since the first edition.)"It is a bit like Zen economics ... It is an excellent introduction to economics text that explains not only some of the technical aspects of economics (supply and demand, comparative advantage, marginal analysis, etc.) but also the social science dimensions of the discipline (and sometimes the philosophical and ethical aspects of the discipline). It uses language, as opposed to math or graphs, to convey the concepts. Heyne is very clever and the book is beautifully written. I think it stands in the first rank of introductory economics texts along with Samuelson and Alchain & Allen..." - Mark McNeil, Irvine Valley College, California
"The strengths of this text are its intellectual approach-it seems to be written as a whole and not just a few principles chapters thrown together..." - James Swofford, University of Southern Alabama
"The new authors have made a serious and successful attempt to maintain the comfortable narrative style of Heyne's previous editions. In my role as a teacher ... I am delighted with the direction of change as well as the reordering of chapters. From what I have seen of the Tenth Edition, there are discussions that are entirely appropriate for my audience and they are pitched at approximately the right level of reading skill and experiential background. - Joseph Fuhrig, Golden Gate University
More details
Edition
10th edition
Language
English
Place of publication
United States
Publishing group
Pearson Education (US)
Target group
Professional and scholarly
Dimensions
Height: 234 mm
Width: 190 mm
Thickness: 21 mm
Weight
840 gr
ISBN-13
978-0-13-060810-9 (9780130608109)
Copyright in bibliographic data and cover images is held by Nielsen Book Services Limited or by the publishers or by their respective licensors: all rights reserved.
Schweitzer Classification
Other editions
New editions
Paul Heyne | Peter J. Boettke | David L. Prychitko
The Economic Way of Thinking
Book
04/2005
11th Edition
Pearson
€68.08
Article exhausted; check for reprint
Previous edition
Paul Heyne
The Economic Way of Thinking
Book
10/1999
9th Edition
Pearson
€42.08
Article exhausted; check for reprint
Content
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.
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.