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Title: The Economic Way of Thinking (10th Edition) by Paul Heyne, Peter J. Boettke, David L. Prychitko ISBN: 0-13-060810-6 Publisher: Prentice Hall Pub. Date: 15 May, 2002 Format: Paperback Volumes: 1 List Price(USD): $96.00 |
Average Customer Rating: 4.75 (4 reviews)
Rating: 4
Summary: Comparative Advantage in Price Theory
Comment: Heyne's text explains what it explains well. It is a good Freshman level price theory text. Its strengths are in explaining informational and coordination issues in markets. It does more to explain how the price system works as a communications network than any other text I have seen. It also explains the issues of property rights and transactions costs clearly.
When it comes to the public sector, it is vastly better than many other texts. There are other texts, like Gwartney and Stroup, and Ekelund and Tollinson, which are arguably better at explaining the public sector.
The biggest weaknesses of this book are in macro and international economics. Its chapters on money are ok, but it explains far too little about trade cycles. It has some good material on growth, but could explain more and in more detail. The chapter on international economics could go further as well. The shortcomings of this book likely reduce its sales. So, it seems that the marginal benefits of such revisions exceed their marginal costs.
Heyne is no longer around to revise this book, but the co-authors who took over for him could improve this book greatly for the next edition.
Rating: 5
Summary: Outstanding
Comment: Dr. Heyne was an outstanding professor. In fact, the most memorable and influential of my college "career." You will understand from reading his books how brilliant he was.
Rating: 5
Summary: Excellent
Comment: This book makes the complex subject of economics very easy to understand, and will cause you to think very differently about social issues. Paul Heyne is also one of the best teachers I've ever had.
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Title: The Economic Way of Thinking: Study Guide by Paul Heyne ISBN: 0130255424 Publisher: Prentice Hall College Div Pub. Date: September, 1999 List Price(USD): $32.00 |
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Title: The Theory and Practice of International Financial Management by Reid W. Click, Joshua D. Coval ISBN: 0130204579 Publisher: Prentice Hall Pub. Date: March, 2001 List Price(USD): $124.00 |
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Title: Visualizing Project Management : A Model for Business and Technical Success (with CD-ROM) by Kevin Forsberg, Hal Mooz, Howard Cotterman ISBN: 047135760X Publisher: John Wiley & Sons Pub. Date: 14 April, 2000 List Price(USD): $50.00 |
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Title: Core Concepts of Accounting (8th Edition) by Robert N. Anthony, Leslie Pearlman Breitner ISBN: 0130406716 Publisher: Prentice Hall Pub. Date: 10 March, 2003 List Price(USD): $33.33 |
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Title: Complete Idiot's Guide to Project Management with Microsoft Project 2000 (Complete Idiot's Guide) by Ron Black, Que Development ISBN: 0789722712 Publisher: Alpha Communications Pub. Date: 05 April, 2000 List Price(USD): $18.95 |
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