"Now in its third edition, this textbook develops the economic way of thinking through problems that MBA students will find relevant to their career goals. Theory and math is kept as simple as possible and illustrated with real-life scenarios. The textbook package includes online video tutorials...

This book argues that Lionel Robbins’s construction of the economics field’s organizing cornerstone, scarcity-and all that has been derived from it from economists in Robbins’s time to today-no longer can generate general consent among economists. Since Robbins’ Essay, economists have...