Economic Logic

Prices for book: Economic Logic

Book ISBN: 9781596985452

Author(s): Mark Skousen

Document type: Trade Paper

Publisher: Unknown

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Reviews

Economic Logic

Rating: 100%

Mark Skousen wrote this book but he allows you to decide which strategy you agree with. Very well written. When you finish, you will have a healthy respect for economics and feel that you know more but have also more understanding for other views.

Martha T. Glandon (Amazon.com)

Groundbreaking

Rating: 100%

I wanted to learn such a difficult and mysterious subject and this book has the correct info to do so. Each chapter/topic is very straightforward in content and description. Plus it has exercises to let you gain deep understanding of each subject.

Pedro Pacheco (Amazon.com)

Good Fundamentals of Economics Textbook

Rating: 80%

This book is written at a high school/college level and is easy to read and understand without any need for math. It focuses more on creating a general and intuitive understanding of how and why the business, national, and world economies work, rather than on solving equations. It covers all areas of economics and finance, micro and macro; and how these fit in with business, the government, taxes, and human behavior. The topics it covers are up to date (2008).

This book is easier to read and understand than the other principles of economics textbooks that I have seen. I really enjoyed reading it and learned a lot from it. I like its format and its content. But you need to be aware that the book does have quite a few typos, editing errors, index errors and poorly labeled graphs in it, which make it a bit more difficult to study on your own. The book has a libertarian / Austrian School bent and explains in detail some of the Austrian School theory; I really enjoyed that aspect of it.

For my friends who are trying to understand basic economics on their own, I recommend reading this book this after Russell Robert's books, "The Best Book on the Market", "Commonsense Economics" and Sowell's "Basic Economcs" in that order.

David D. (Amazon.com)

Friendly to both user and instructor!

Rating: 80%

This textbook is an all-in-one textbook for economics. Not only does it have an overview explaining economic thinking but it also has comprehensive sections on micro and macroeconomics. An added feature is its section on government policy, helping the economic student understand how society's interventions in the market affect the economy. Perhaps the best component is the afterward "What Do Economists Do?" which discusses career opportunities and trends, even with expected incomes!

From an instructor's perspective, the book is designed to maximize learning while minimizing monotony. The text is illuminated with simple yet useful charts and diagrams. The explanation of principles is accomplished with modern scenarios, arousing the student's interest. Each chapter is followed with a summary, a list of important terms introduced in the chapter, and a brief biographical sketch of influential economists. Additionally, each chapter has "Problems to Ponder", including both abstract theoretical questions and practical, calculation-based questions. For supplemental study, each chapter has additional recommended readings.

This book is user- and instructor-friendly, perfect for any beginner economic student - simple, direct, and comprehensive.

K. Au (Amazon.com)

Excellent Economics Text

Rating: 100%

This is an excellent work; as both a text and for general reading. Microeconomics is regarded by most students as hard and boring. Skousen's work is neither. It presents real business economics in a simple and logical fashion. His diagrams are explained well and presented clearly. His topic headings are appropriate and at times, provocative, and his chapter summary, points to ponder and recommended reading are very useful. Another interesting feature of the book is a focus on one economist at the end of each chapter. This is an excellent way of getting the reader interested in both famous economists and some economic history.

Although I switched to Heyne's book 'The Economic Way of Thinking' to teach my Business Economics class last semester, I will be using Skousen's work in the future. It is the better book!

Ian Mackechnie (Amazon.com)

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