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The Applied Theory of Price

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Title: The Applied Theory of Price
by Donald N. McCloskey, Deirdre N. McCloskey
ISBN: 0023785209
Publisher: Prentice Hall College Div
Pub. Date: January, 1985
Format: Hardcover
Volumes: 1
List Price(USD): $90.67
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Average Customer Rating: 5

Customer Reviews

Rating: 5
Summary: Out of print, but easily available--luckily.
Comment: ...I agree...that this is the best introductory/intermediate text on microeconomics available. Students do learn how (and to be fair, perhaps even vaguely why) to take the second derivative of a demand curve before they learn to reason economically; refreshingly, Ms. McCloskey's textbook can teach you the bread and butter of economic theory before you get bogged down in the (useful) mathematics.

Though higher-level mathematics is essential in economics; it should come later in the game. For graduate and MBA students, the book is a very useful re-introduction to the subject

Rating: 5
Summary: One of the best text books in microeconomics ever
Comment: This book is unfortunately out of print. However, McCloskey's brilliant exposition of applied price theory is not only more intellectually challenging than ordinary text books (e.g. Varian), but also a lot more fun. The writing is witty and the examples relevant. This is economics as it should be - with relevance to practical problems and not only sterile exercises in math.

Rating: 5
Summary: Get this back in print!
Comment: This is the best university text on traditional microeconomics in the English language. Its only rival is George Stigler's "Price Theory". Written with wit and humor by a masterful writer. McCloskey is not a theorist or a failed mathematician; he is a historian and a student of human beings.

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