Intended primarily for one semester survey courses in general economics, this text also provides practical content to current and aspiring industry professionals.<br /><br />Learn how to think like an economist.<br /><br />The Economic Way of Thinking goes beyond explaining the basic principles of micro- and macroeconomic analysis by showing readers a method of reasoning that teaches them how to apply these principles as tools. The authors expose readers to a method of reasoning that makes them think like an economist through example and application and also shows them how not to think, by exposing errors in popular economic reasoning.<br /><br />The latest edition has been thoroughly updated with current material.
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