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The Economic Way of Thinking,9780135721407

The Economic Way of Thinking

by Heyne, Paul
ISBN13:

9780135721407

ISBN10:
0135721407
Format:
Paperback
Pub. Date:
10/1/1996
Publisher(s):
PRENTICE HALL
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Summary

Noted for its clear and informative style, this acclaimed 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. Heyne presents conceptually demanding material in a lively, often witty fashion that is both accessible and pertinent for beginning students. The goal of this text is to help students think by developing the key insights into economic theory and applying these insights to numerous real-world examples.

Table of Contents

PREFACE xi
1 THE ECONOMIC WAY OF THINKING
1(16)
Questions for Discussions
14(3)
2 SUBSTITUTES EVERYWHERE: THE CONCEPT OF DEMAND
17(30)
Questions for Discussion
38(9)
3 OPPORTUNITY COST AND THE SUPPLY OF GOODS
47(24)
Questions for Discussions
63(8)
4 SUPPLY AND DEMAND: A PROCESS OF COORDINATION
71(34)
Questions for Discussion
95(10)
5 MARGINAL VALUES AND ECONOMIC DECISIONS
105(28)
Questions for Discussion
121(12)
6 EFFICIENCY, EXCHANGE, AND COMPARATIVE ADVANTAGE
133(26)
Questions for Discussion
150(9)
7 INFORMATION, MIDDLEMEN, AND SPECULATORS
159(38)
Questions for Discussion
177(10)
8 PRICE SETTING AND THE QUESTION OF MONOPOLY
187(16)
Questions for Discussion
196(7)
9 PRICE SEARCHING
203(26)
Questions for Discussion
218(11)
10 COMPETITION AND GOVERNMENT POLICY
229(26)
Questions for Discussion
244(11)
11 PROFIT
255(44)
Questions for Discussion
287(12)
12 THE DISTRIBUTION OF INCOME
299(32)
Questions for Discussion
318(13)
13 EXTERNALITIES AND CONFLICTING RIGHTS
331(28)
Questions for Discussion
347(12)
14 MARKETS AND GOVERNMENT
359(36)
Questions for Discussion
380(15)
15 INFLATION, RECESSION, UNEMPLOYMENT: AN INTRODUCTION
395(24)
Questions for Discussion
413(6)
16 PRODUCTION, PRICES, AND AGGREGATE FLUCTUATIONS
419(12)
Questions for Discussion
428(3)
17 THE SUPPLY OF MONEY
431(20)
Questions for Discussion
446(5)
18 DEMAND-SIDE ECONOMICS
451(22)
Questions for Discussion
468(5)
19 FISCAL AND MONETARY POLICY
473(24)
Questions for Discussion
492(5)
20 SUPPLY-SIDE PERSPECTIVES
497(24)
Questions for Discussion
514(7)
21 NATIONAL POLICIES AND INTERNATIONAL EXCHANGE
521(26)
Questions for Discussion
541(6)
22 INFLATION, RECESSION, AND POLITICAL ECONOMY
547(14)
Questions for Discussion
557(4)
23 THE LIMITATIONS OF ECONOMICS
561(4)
GLOSSARY 565(2)
INDEX 567


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