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The Cartoon Introduction to Economics: Volume One: Microeconomics
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The award-winning illustrator Grady Klein has paired up with the world's only stand-up economist, Yoram Bauman, PhD, to take the dismal out of the dismal science. From the optimizing individual to game theory to price theory, The Cartoon Introduction to Economics is the most digestible, explicable, and humorous 200-page introduction to microeconomics you'll ever read.
Bauman has put the "comedy" into "economy" at comedy clubs and universities around the country and around the world (his "Principles of Economics, Translated" is a YouTube cult classic). As an educator at both the university and high school levels, he has learned how to make economics relevant to today's world and today's students. As Google's chief economist, Hal Varian, wrote, "You don’t need a brand-new economics. You just need to see the really cool stuff, the material they didn't get to when you studied economics." The Cartoon Introduction to Economics is all about integrating the really cool stuff into an overview of the entire discipline of microeconomics, from decision trees to game trees to taxes and thinking at the margin.
Rendering the cool stuff fun is the artistry of the illustrator and lauded graphic novelist Klein. Panel by panel, page by page, he puts comics into economics. So if the vertiginous economy or a dour professor's 600-page econ textbook has you desperate for a fun, factual guide to economics, reach for The Cartoon Introduction to Economics and let the collaborative genius of the Klein-Bauman team walk you through an entire introductory microeconomics course.
Take a Look Inside The Cartoon Introduction to Economics
In the panels below, Grady Klein and Yoram Bauman illustrate economist Adam Smith's principle of the invisible hand. This priciple suggests that individuals unwittingly benefit society by pursuing their own self interest. (Click on any image to enlarge)
From Publishers Weekly
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Top Customer Reviews
Once I started, I found it hard to put down, since each chapter leads comfortably into the next, as if it were woven into a single, coherent story. At surprisingly frequent intervals, Bauman and Grady decorate the discussion with humorous comments about economics and economists which also tends to keep reading fun, even when discussing serious topics.
Another interesting feature is the way the book boils down the work of recent Nobel laureates in economics: the book visually demonstrates the idea. You'll soon find yourself comfortable with the new "big ideas" of economics in ways that allow you to see the world with additional insights (not to mention being able to discuss adverse selection in casual conversation with your friends...).
A final feature I found useful was a visual glossary that explains key concepts and echo the visual treatment of the concept in the book. Throughout the glossary are images that convey the meaning of economic concepts. If you're a visual learner, you will really enjoy this book.
For those who want to make sure that serious economics concepts are truly covered in this book, I've included a short list below. The book is organized into 3 main sections:
- The Optimizing Individual (one person)
This section covers decision trees, the time value of money and it's use in decision making, decision making under risk (diversification, expected value, adverse selection, etc), and trade (efficient market hypothesis, Coase Theorem, etc).Read more ›
and I have visited his blog regularly ever since. I pre-ordered the book because I knew from seeing his stand-up that it would not dissappoint and it's hasn't.
I'm a Economics undergraduate student in Sydney Australia. The content in this book summarises the basic information I learnt in my first year at university but, it's done in a really smart, easy to understand and funny way.
I recommend this book to who ever enjoys economic theory or any parent who has a child who is struggling with micro-economic theory.
I can't wait for Volume 2!!!!
I have quite enjoyed reading it, and if you're looking for an easy-to-digest introduction to the topic, this might be the book for you. One thing that makes it a nice introduction is that
Yoram Bauman is definitely a funny guy: search for "stand up economist" on youtube, or enjoy this presentation where he translates the 10 Principles of Economics into layman's terminology. If you like this presentation you will like the book.
I have not studied economics so I am not sure how comprehensive the book is. It does seem comprehensive. There is a section on economic policies that can reduce carbon emissions which strikes me as a too specific application in a general overview of economics. The cartoon economist says "The way to get people to pollute less...is to make polluting expensive!" (bold in origin, p. 189) The king of Sweden (who has been handing out Nobel Prizes throughout the book) says, "Wow, now that's an idea worthy of a Nobel Prize!" Dr. Bauman is an environmental economist, so I suppose his bias is showing (or maybe he thinks he should get a Nobel Prize). That makes me interested in reading another economics primer to compare.
Most Recent Customer Reviews
I like the concept of simplifying economics for regular people but still found it rather confusing... maybe it's just that my brain doesn't work that way. Read morePublished 1 month ago by Esther Hawkins
You will have a solid handle on the topic after reading this book due to the accessible nature of the information presented. Read morePublished 2 months ago by conexc
After purchasing I find that it is not compatible with my Kindle device. This is a publisher decision. Read morePublished 3 months ago by Anonymous1
Mostly I like idea and text but pictures sometime not useful. I'd like to say that writer more talented than painter.Published 4 months ago
If you want to be introduced into the world of microeconomics, this is the perfect book. It's fun and easy to read. I loved it! The book arrived in excellent conditions, like new.Published 4 months ago by Amazon Customer
Don't get the Kindle version. It's terribly laid out on the Kindle. You can barely read it on your phone, and there's no way to adjust the size properly. Read morePublished 5 months ago by PJB
Education through cartoons can be valuable - and in this case is.Published 6 months ago by David C. Bennett
This is quite an interesting book... although I studied economics in the early 90s, I can't recall learning "self optimizing individual", or what the book calls "a... Read morePublished 7 months ago by Epsilon Delta