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Quickly grasp the essence of economics The stepping stone: Thinking like an economist Author: [US] Roger A. Arnold

Editor’s Notes

No one who has studied “Western Economics” in college You will forget the "painful memories" of studying this course - thick textbooks, numerous formulas and concepts, boring classroom explanations, and daunting exams. As an editor, after reviewing the manuscript "Thinking Like an Economist", I realized that it was too late. If I had had this book on hand, how much time and energy would have been saved when studying the course "Western Economics"! Moreover, not only can students achieve better results in exams, but more importantly, they can use the knowledge they have learned to analyze and deal with many things around them as early as possible, and participate in economic life as early as possible.

"Thinking Like an Economist" was specially written by Arnold, an economics professor at California State University, San Marco, in order to improve students' learning motivation and learning effects when teaching the "Economics" course. of a book. The book uses a relaxed way of telling stories and incorporates various basic principles of economics into the stories, so that you can further understand the principles and methods of economics while reading the stories, and enable you to actively participate in the practice of these principles and methods. in use. The methods you learn and the ways of thinking and habits you develop will benefit you throughout your life.

The book starts from the concept of "commodity" and develops it according to the basic framework of economics. From the definition of "commodities", "good things" and "bad things" in life, it is pointed out that this is a relative concept that varies from person to person. And, everything in life has a cost and price. If you want to enjoy all kinds of delicious food, you have to pay the price of "getting fat" or "sacrifice a little health". Life is full of exchanges. If you want to study less and spend more time "falling in love", you will have to pay for it with unsatisfactory test scores.

Good things are not...

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