The Economic way of thinking

The tribute by Douglass C. North (a Nobel Prize Winner in Economics Sciences, 1993) in the opening of this book drew my attention to it. Within a mere 405 pages, which is considered moderate by the standard of economics books, the authors have successfully arranged the building blocks of economi...

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Main Author:	Shafinah Begum, Abdul Rahim
Format:	E-Article
Language:	English
Published:	The International Islamic University Malaysia 2015
Subjects:	HB Economic Theory
Online Access:	http://ir.unimas.my/id/eprint/18667/13/THE%20ECONOMIC%20WAY%20OF%20THINKING%20%28abstract%29.pdf http://ir.unimas.my/id/eprint/18667/ http://journals.iium.edu.my/enmjournal/index.php/enmj/article/view/295
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Institution:	Universiti Malaysia Sarawak
Language:	English

id	my.unimas.ir.18667
record_format	eprints
spelling	my.unimas.ir.186672017-11-20T03:41:37Z http://ir.unimas.my/id/eprint/18667/ The Economic way of thinking Shafinah Begum, Abdul Rahim HB Economic Theory The tribute by Douglass C. North (a Nobel Prize Winner in Economics Sciences, 1993) in the opening of this book drew my attention to it. Within a mere 405 pages, which is considered moderate by the standard of economics books, the authors have successfully arranged the building blocks of economics in a nutshell. The content is cleverly divided into 16 chapters, beginning with the basic feature of economic theory as all social phenomena emerging from actions and interactions of individuals who are choosing in respect to expected benefits and costs to themselves. Discussions revolve around the emphasis on indivdual choices, economizing process and the pro- market preference, concluding that although facts can be observed, it takes a theory to explain the causes. The International Islamic University Malaysia 2015 E-Article PeerReviewed text en http://ir.unimas.my/id/eprint/18667/13/THE%20ECONOMIC%20WAY%20OF%20THINKING%20%28abstract%29.pdf Shafinah Begum, Abdul Rahim (2015) The Economic way of thinking. International Journal of Economics, Management and Accounting, 23 (1). pp. 1-3. ISSN 2462-1420 http://journals.iium.edu.my/enmjournal/index.php/enmj/article/view/295
institution	Universiti Malaysia Sarawak
building	Centre for Academic Information Services (CAIS)
collection	Institutional Repository
continent	Asia
country	Malaysia
content_provider	Universiti Malaysia Sarawak
content_source	UNIMAS Institutional Repository
url_provider	http://ir.unimas.my/
language	English
topic	HB Economic Theory
spellingShingle	HB Economic Theory Shafinah Begum, Abdul Rahim The Economic way of thinking
description	The tribute by Douglass C. North (a Nobel Prize Winner in Economics Sciences, 1993) in the opening of this book drew my attention to it. Within a mere 405 pages, which is considered moderate by the standard of economics books, the authors have successfully arranged the building blocks of economics in a nutshell. The content is cleverly divided into 16 chapters, beginning with the basic feature of economic theory as all social phenomena emerging from actions and interactions of individuals who are choosing in respect to expected benefits and costs to themselves. Discussions revolve around the emphasis on indivdual choices, economizing process and the pro- market preference, concluding that although facts can be observed, it takes a theory to explain the causes.
format	E-Article
author	Shafinah Begum, Abdul Rahim
author_facet	Shafinah Begum, Abdul Rahim
author_sort	Shafinah Begum, Abdul Rahim
title	The Economic way of thinking
title_short	The Economic way of thinking
title_full	The Economic way of thinking
title_fullStr	The Economic way of thinking
title_full_unstemmed	The Economic way of thinking
title_sort	economic way of thinking
publisher	The International Islamic University Malaysia
publishDate	2015
url	http://ir.unimas.my/id/eprint/18667/13/THE%20ECONOMIC%20WAY%20OF%20THINKING%20%28abstract%29.pdf http://ir.unimas.my/id/eprint/18667/ http://journals.iium.edu.my/enmjournal/index.php/enmj/article/view/295
_version_	1644512906479403008

The Economic way of thinking

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