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Economic Logic

by Mark Skousen

(Skousen Publishing, Inc, c. 2000)

The micro portion of Mark Skousen's new free-market textbook presents economic concepts in a revolutionary way -- the textbook begins with the profit-loss statement, for example. Each chapter is supported with real world examples, biographies of pertinent economists and recommended reading.

Check out the full content list below as well as the entire text of Chapter One (requires Adobe Acrobat Reader installed on your computer).

View entire text of Chapter One (Acrobat PDF format)

Professor Charles Baird (CalState Hayward) wrote me: "Thanks for your new textbook. It is an excellent text for micro principles. The next time I teach that course I shall use it. I have always used Heyne's micro text (a spinoff of The Economic Way of Thinking), but I think your book is better. It has an excellent balance of theory and the real world that no other text has achieved."

For your copy, call Laissez-Faire Books, 800-452-3518 or check www.laissezfairebooks.com

LFBooks Price: $24.95.

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Economic Logic - Contents

PART I: OVERVIEW

Introduction

1. What is Economics

2. The Foundations of Economic Behavior

3. Production and Consumption: The Structure of Economic Activity

PART II: MICROECONOMICS

1. The Theory of the Firm: The Role of Profit and Loss

2. Determining Prices and Output: The Law of Demand

3. Supply and Demand

4. How Costs Affect Prices

5. Monopoly and Competition

6. The Factors of Production: Land, Rent and Natural Resources

7. The Factors of Production: Wages and the Productivity of Labor

8. The Factors of Production: Capital and Interest

9. The Factors of Production: The Role of Entrepreneurship

10. Financing Capitalism: Stock and Bond Markets

PART III: MACROECONOMICS (Forthcoming)

1. The Economy and the Aggregate Production Structure

2. Measures of Economic Activity and Wealth

3. Time and Money: Aggregate Supply and Demand

4. Saving, Technology and Economic Growth

5. The Distribution of Income and Wealth

6. Money and Banking

PART IV: GOVERNMENT POLICY (Forthcoming)

1. Inflation and Monetary Policy

2. Fiscal Policy and the Role of Government

3. Government Revenues and Tax Policy

4. National Debt and Deficit Spending

5. Government Regulations and Controls

6. Foreign Trade and Protectionism

7. Environmental Economics

8. Expansion and Contraction: Economics of the Business Cycle

9. Employment and Unemployment

10. Central Planning and Socialism

11. Deregulation, Denationalization and Privatization

PART V: THE FUTURE OF ECONOMICS (Forthcoming)

1. The Future of Economics

2. What Do Economists Do?