The Economic Way of Thinking 13th Edition by Paul Heyne, ISBN-13: 978-0132991292

Intended primarily for one semester survey courses in general economics, this text also provides practical content to current and aspiring industry professionals.

Learn how to think like an economist.

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.

The latest edition has been thoroughly updated with current material.

Peter Boettke is the BB&T Professor for the Study of Capitalism at the Mercatus Center and a University Professor of Economics and Philosophy at George Mason University. Professor Boettke is the author of several books on the history, collapse, and transition from socialism in the former Soviet Union, as well as books and articles on the history of economic thought and methodology.

David L. Prychitko was a Junior Fellow at Cornell University and Fulbright Researcher in the former Yugoslavia. Also an author of several books and articles on Marxism, comparative systems, and economic methodology, Professor Prychitko currently teaches at Northern Michigan University, his alma mater in the beautiful Upper Peninsula of Michigan.

Close friends (who still occasionally disagree on details), Boettke and Prychitko have published many joint works since graduating from George Mason University in the late 1980s. They have been teaching economics for a combined total of more than fifty years.