Author Description

<p><b>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.</b></p> <p><i>The Economic Way of Thinking</i> develops the basic principles of micro- and macroeconomic analysis, and rigorously employs them as <i>tools</i> 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 <i>not</i> to think, by exposing them to the errors implicit in much popular reasoning about economic events.</p>