Economic Logic Fifth Edition (Paperback)

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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.

About the Author

Mark Andrew Skousen is an American economist, investment analyst, newsletter editor, college professor and author. He earned his B.A. and Master's degree in economics from Brigham Young University and his Ph.D. in economics from George Washington University, and lives with his wife and five children.

Product Details
ISBN: 9781621577706
ISBN-10: 1621577708
Publisher: Regnery Capital
Publication Date: October 31st, 2017
Pages: 715
Language: English