The Cartoon Introduction to Economics, Volume I: Microeconomics By Grady Klein

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Rating: 9.1 (2161 reviews)
Author: Grady Klein

Kindle Store,Kindle eBooks,Comics, Manga & Graphic Novels The Cartoon Introduction to Economics, Volume I: Microeconomics Grady Klein

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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.

At this time of writing, The Ebook The Cartoon Introduction to Economics, Volume I: Microeconomics has garnered 10 customer reviews with rating of 5 out of 5 stars. Not a bad score at all as if you round it off, it’s actually a perfect TEN already. From the looks of that rating, we can say the Ebook is Good TO READ!

Mobi The Cartoon Introduction to Economics, Volume I: Microeconomics with Free EASY Reading!

I am a fan of this format for helping people understand economic ideas, and I bought this book (and its successor on macroeconomics) to see how well they convey important or complex ideas. (Here's my review of their book on climate change.) My overall comment is that the authors (Bauman on text, Klein on illustrations) do a great job, which means that I will recommend this book to students who are (justifiably) turned off by over-formal mathematical explanations of economic ideas.The most important decision of the authors is their choice of which microeconomic topics to cover. They present the material in three parts, each with 5-6 chapters, i.e.,I. The optimizing individualIndividual v group outcomesDecision trees ("opportunity costs")TimeRiskFrom one to some (next part)II. Strategic interactionsCake cutting (equity or fairness)Pareto efficiencySimultaneous move games (prisoner's dilemma)AuctionsFrom some to many (next part)III. Market interactionsSupply and demandTaxesMargins (marginal thinking)ElasticityThe big picture (lots of exceptions to the ideas above)ConclusionMy only comments on the text are slightly nit-picky, but I think relevant:It's important to remember that individual "discount rates" are not the same as interest rates when it comes to making decisions about costs now for future benefits. Many students confuse the two, and this book does as well.Neanderthals are presented as rather dumb compared to homo sapiens when they were actually smarter as individuals. Homo Sapiens had the advantages of language and thus group cooperation, which is why we took over from neanderthals.Far more should have been said about various impediments to efficient markets, as most readers have experience with imperfect markets.The authors should have clarified that market economics provides limited insights that political economy can better explain, i.e., how communities can provide "goods," the source and need to regulate negative externalities, etc. (read more here).Bottom line: I give this book FIVE STARS for being entertaining at the same time as it makes it easier to understand important economic ideas.

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Mobi The Cartoon Introduction to Economics, Volume I: Microeconomics with Free EASY Reading Download Now!

Related Ebook :

Mobi The Cartoon Introduction to Economics, Volume I: Microeconomics with Free EASY Reading Download Now!

Mobi The Cartoon Introduction to Economics, Volume I: Microeconomics with Free EASY Reading!

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Special Edition The Cartoon Introduction to Economics, Volume I: Microeconomics with FREE MOBI EDITION Download Now!

Mobi The Cartoon Introduction to Economics, Volume I: Microeconomics with Free EASY Reading Download Now!

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Mobi The Cartoon Introduction to Economics, Volume I: Microeconomics with Free EASY Reading Download Now!

Mobi The Cartoon Introduction to Economics, Volume I: Microeconomics with Free EASY Reading!

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