Economic Logic

Mark Skousen wrote this book but he allows you to decide which strategy you agree with. Very well written. When you finish, you will have a healthy respect for economics and feel that you know more but have also more understanding for other views.

I wanted to learn such a difficult and mysterious subject and this book has the correct info to do so. Each chapter/topic is very straightforward in content and description. Plus it has exercises to let you gain deep understanding of each subject.

This is an excellent work; as both a text and for general reading. Microeconomics is regarded by most students as hard and boring. Skousen's work is neither. It presents real business economics in a simple and logical fashion. His diagrams are explained well and presented clearly. His topic headings are appropriate and at times, provocative, and his chapter summary, points to ponder and recommended reading are very useful. Another interesting feature of the book is a focus on one economist at the end of each chapter. This is an excellent way of getting the reader interested in both famous economists and some economic history. Although I switched to Heyne's book 'The Economic Way of Thinking' to teach my Business Economics class last semester, I will be using Skousen's work in the future. It is the better book!

Readers of Thomas Sowell's excellent _Basic Economics: A Citizen's Guide to the Economy_ may want to tackle this fine textbook next. Skousen presents basic economic concepts and principles in clear, crisp prose, and his presentation is the next level up from Sowell's: whereas Sowell eschews graphs and charts altogether, Skousen uses them sparingly and well in order to introduce, illustrate, and explain how markets work.The text is suitable for anyone with approximately a high-school education (and I'd love to see it used in actual high schools). As such, it's well adapted for self-study.

Reading Economic Logic gave me a profound new understanding of how economics applies in the real world, especially in business and personal finance.My college economics courses, filled with perplexing theories like the paradox of thrift, GDP and Keynesian fiscal policy, were completely refuted in this excellent free-market textbook. Economic Logic focused on important, real issues like business profit-loss statements, entrepreneurship and the advantage of saving -- something my college professors never even touched. Although I am not currently a student or professor, I thoroughly enjoyed learning economics "right." I have found it helpful in gaining more insight in running my business -- as well as the wisdom of fiscal conservatism in our government policies.I highly recommend professors use this text in their economics classes. And students, if your professors don't use this text, get it for yourself so you can really understand the concepts and principles of sound economics.