Economics in One Lesson

Economics in One Lesson

eBook - 1979
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Publisher: New York : Three Rivers Press, c1979.
ISBN: 9780307760623
Characteristics: 1 online resource
Additional Contributors: eBiblioFile
OverDrive, Inc

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Apr 12, 2018

As an instructor who has taught Introductory, Micro and Macro Economics, I've looked at many competing texts. Hazlitt has by far the best approach, looking at the big picture as well as the specifics of an economic issue. What counts in an introduction course is not the specific models and mathematical equations of the subject. These are abstractions of historical economies, which have incomplete and even misleading implications. Uncovering these shortcomings is what graduate level economics is about.

To be relevant, an introductory undergraduate course needs to examine these by focusing on the big picture and on specific economic issues that are alive today. In this way, the author can avoid the tangled web of models that don't work. And the subject can be made far more accessible to the reader. Hazlitt is a master at accomplishing this.

Sep 21, 2010

Recommended for understanding basic economics. Book has been written more than 25 years back but most of the things still hold true.

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