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Books > Business & Economics > Economics > Microeconomics
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Economic Logic Fifth Edition (Paperback, 5th edition)
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Economic Logic Fifth Edition (Paperback, 5th edition)
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In Economic Logic, Mark Skousen offers a step-by-step approach to
economics showing how microeconomics and macroeconomics are
logically linked together. The fully revised fifth edition
introduces a major breakthrough in macroeconomics: a "top line" in
national income accounting called Gross Output. Also included: a
powerful four-stage universal model of the economy, a new "growth"
diagram, a new diagram of the optimal size of government, and new
alternatives to the standard Aggregate Supply and Aggregate Demand
curves. Economic Logic is also the first and only textbook to begin
with a profit-and-loss income statement to demonstrate the dynamics
of the economy. To aid students in comprehending the economic
lessons, many other disciplines are integrated into the study of
economics, including finance, business, marketing, management,
history, and sociology.
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