Economics: Private and Public Choice
by James D. Gwartney, Richard L. Stroup (Author)
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Description
Economics: Private and Public Choice is an aid for students and general readers to develop a sound economic reasoning. The book discusses several ways to economic thinking including six guideposts as follows: (i) scarce goods have costs; (ii) Decision-makers economize in their choices; (iii) Incentives are important; (iv) Decision-makers are dependent on information scarcity; (v) Economic actions can have secondary effects; and (vi) Economic thinking is scientific. The book explains the show more Keynesian view of money, employment, and inflation, as well as the monetarist view on the proper macropolicy show lessTags
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Member Reviews
This introductory/principles text is surely one of the best! It goes over all the Macro/Micro topics in an easy to understand way that is organized just right. After using this in one of my classes, I'll be sure to keep it in my collection for years to come.
Econ at a very basic level.
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Author Information
28 Works 601 Members
Common Knowledge
- Canonical title
- Economics: Private and Public Choice
Classifications
Statistics
- Members
- 151
- Popularity
- 213,248
- Reviews
- 2
- Rating
- (2.73)
- Languages
- English
- Media
- Paper, Ebook
- ISBNs
- 25
- ASINs
- 4
