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The Economic Way of Thinking, 12th Edition Paperback – January 17, 2009

ISBN-13: 978-0136039853 ISBN-10: 0136039855 Edition: 12th
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Product Details

  • Paperback: 456 pages
  • Publisher: Prentice Hall; 12 edition (January 17, 2009)
  • Language: English
  • ISBN-10: 0136039855
  • ISBN-13: 978-0136039853
  • Product Dimensions: 7.5 x 0.7 x 9 inches
  • Shipping Weight: 1.4 pounds
  • Average Customer Review: 4.1 out of 5 stars  See all reviews (16 customer reviews)
  • Amazon Best Sellers Rank: #222,482 in Books (See Top 100 in Books)

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Most Helpful Customer Reviews

13 of 13 people found the following review helpful By A Reader on July 7, 2009
Format: Paperback
Warren Buffet once said of Benjamin Graham's Intelligent Investor: "I read the first edition of this book early in 1950, when I was nineteen. I thought then that it was by far the best book about investing ever written. I still think it is."

Allow me to paraphrase, loosely though with verity in the details. I read the eleventh edition of this book early in 2003, when I was nineteen. I thought then that it was by far the best book about economics ever written. I still think it is.

This book lit a fire in me that led me to my college major, my career, and one of my life's great passions, the study of economics. Heyne guides us with the simple but powerful idea of economics, that scarcity is the ultimate factor in all our choices. What motivates people to organize and to specialize? And, given the scarcity constraint, in what manner would we expect that they organize and specialize? The thesis recurs and builds on itself in a most elegant manner throughout the text.

I cannot say how powerful this text is. I have taken graduate courses in economics but none come close to explaining the world like this book. I have read it several times over, and all to whom I recommend this book have been equally impressed by its power and beauty.

As I mentioned this is one of the few books that has forever guided the way I think about the world. READ THIS BOOK!
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3 of 3 people found the following review helpful By Reformatio on July 29, 2010
Format: Paperback
This textbook is outstanding. I use it for my "Managerial Econ" class and its unique approach to explaining economic concepts is second to none. This is one of the few textbooks that actually "connects" with students and it is also one of the very few economics textbooks that is not saturated with political propaganda.
Outstanding!
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1 of 1 people found the following review helpful By Ms Kashmere Marceau on July 28, 2013
Format: Paperback Verified Purchase
I have both an online economics book to read and this one. The approach these authors use makes learning this subject easier. It is much more interesting and approachable than my other text.
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1 of 1 people found the following review helpful By Jon on July 30, 2013
Format: Paperback Verified Purchase
The undertone of this book isn't like the typical boring textbook. I needed this for my MBA and its easy to understand and follow along with.
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1 of 1 people found the following review helpful By gilbert a. cipriano on July 20, 2014
Format: Paperback Verified Purchase
A very insightful text on basic economics, even for average reader.
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Format: Paperback Verified Purchase
They dumbed it down for westerners I'm assuming. It's written at a 3rd grade level- but then again so are most Master's courses this days across the country. Folks, get that MBA quick before Jim Bob beats you to the next promotion.
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1 of 2 people found the following review helpful By Randy M. on November 18, 2010
Format: Paperback
His book is terrific, I still have my copy from 1979 and refer to it often. Professor Heyne (and the whole UW Economics department) are pretty Chicago School in their world view as a whole - but his textbook is clear and easy to use. I highly recommend it.
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4 of 7 people found the following review helpful By LunaMyst on May 15, 2012
Format: Paperback
Overall, I think it's alright but trying to understand the concepts can be hard. It would be nice if they would at least bold AND define key terms instead of italicizing and trying to explain it in so many words without a formal definition.

I'm using this book for my ECON 100 online class and it's an absolute frustration when I can't rely on the textbook for a definition or decent glossary for terms that should be defined. I've had to ask others or my professor (and sometimes that can be time consuming since it's an online class) for concepts or definitions.
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