books:

	• Economic Logic Mark Skousen Capital Press, 2001 - 369 pages average customer review:based on 4 reviews view larger image
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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.

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Friendly to both user and instructor!

This textbook is an all-in-one textbook for economics. Not only does it have an overview explaining economic thinking but it also has comprehensive sections on micro and macroeconomics. An added feature is its section on government policy, helping the economic student understand how society's interventions in the market affect the economy. Perhaps the best component is the afterward "What Do Economists Do?" which discusses career opportunities and trends, even with expected incomes!

From an instructor's perspective, the book is designed to maximize learning while minimizing monotony. The text is illuminated with simple yet useful charts and diagrams. The explanation of principles is accomplished with modern scenarios, arousing the student's interest. Each chapter is followed with a summary, a list of important terms introduced in the chapter, and a brief biographical sketch of influential economists. Additionally, each chapter has "Problems to Ponder", including both abstract theoretical questions and practical, calculation-based questions. For supplemental study, each chapter has additional recommended readings.

This book is user- and instructor-friendly, perfect for any beginner economic student - simple, direct, and comprehensive.

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A fine free-market textbook

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.

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