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Title: Microeconomics (5th Edition) by Robert S. Pindyck, Daniel L. Rubinfeld ISBN: 0-13-016583-2 Publisher: Prentice Hall Pub. Date: 27 July, 2000 Format: Hardcover Volumes: 1 List Price(USD): $130.00 |
Average Customer Rating: 3.38 (16 reviews)
Rating: 2
Summary: A Beginner's Text...
Comment: Although billed as a text "suitable for students with a broad range of backgrounds," as an intermediate student using it this semester in a graduate public policy program core class, I've found this book of little value. Topics are rarely covered in depth (e.g., utility effects of taxation and subsidies are consigned to roughly two pages), examples, though clearly explained, are rather basic -- mathematical formulas are scarce and calculus is nonexistent -- and the graphs are less descriptive relative to other intermediate texts. (If you've used either of Nicholson's texts, this one is certain to disappoint in comparison.) In short, beginners may benefit; others should not waste their money.
Rating: 5
Summary: Microecon is not exactly the most exciting subject
Comment: I've used this book in an intermediate micro course at Berkeley, and I have to say that this is one of the best written economics books I've read. One of its greatest advantages is the clarity of explanation and abundance of visual aid such as graphs and tables throughout the book to support the material. The graphs get a bit complicated towards the last chapters, but that's only because the material that needs to be illustrated through those graphs gets complicated as well.
Second, even though I've had extensive economics background, the book could be suitable for beginners. The first two chapters give a concise overview of a basic Econ 1 course, explaining the basics of supply and demand, market structure, etc. - everything a person with little economics background needs to know to be able to understand this book. However, if you find this book to simple for you, keep in mind that Prentice Hall publishes it as "Intermediate Economics" - for use in 2nd or 3rd year in an undergraduate economics program.
Unlike many other econ textbooks I've encountered, this book is neither math-heavy nor theory-heavy - it has a good balance of theoretical information coupled with enough mathematical examples to get the message across. However, many students (and some reviewers on this website) find that there aren't enough examples and exercises (with answers) in the book - for that I'd HIGHLY recommend getting the Student Study Guide. It quickly summarizes each chapter (good for emergency test/quiz studying) and provides plenty of sample problems as it summarizes the concepts. It also includes a quick chapter quiz and gives the solutions to all problems found in the Study Guide.
Also unlike most outdated econ textbooks today, this one includes excellent chapters on Game Theory and pricing strategies. I've heard from a few business majors here at Berkeley that they're encouraged to read those two chapters as good examples of how these concepts apply to business and economics. The book features many "Sample Boxes" - small paragraphs on how the current topic of discussion has been applied in the real world. This helps understand that economics is a real science (in a sense that it can produce theories that are testable in the real world) and has some useful applications.
Overall, this is a very good economics textbook for intermediate microeconomics. The book alone deserves 4 stars, but coupled with the study guide, it's definitely a 5.
Rating: 5
Summary: A good book for intermediate level students
Comment: Organization of the books is good. Topics are discussed with enough clarity and graphs and illustrations are descriing enough. The level of algebra and math is at an intermediate undergraduate level (economics major). I think it is a complete book for anybody who wants to have an understanding of microeconomics. I am a Ph.D. student of economics now and if I am going to teach an undergrad micro course, I will certainly choose this textbook.
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Title: Financial Accounting: An Introduction to Concepts, Methods, and Uses by Clyde P. Stickney, Roman L. Weil ISBN: 0324183518 Publisher: South-Western College Pub Pub. Date: 02 July, 2002 List Price(USD): $124.95 |
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Title: Microeconomic Theory: An Integrated Approach by Stephen Mathis, Janet Koscianski ISBN: 0130114189 Publisher: Prentice Hall Pub. Date: 15 July, 2002 List Price(USD): $125.00 |
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Title: Macroeconomics by N. Gregory Mankiw ISBN: 0716752379 Publisher: Worth Publishers Inc Pub. Date: 01 June, 2002 List Price(USD): $130.65 |
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Title: Marketing Management by Philip Kotler ISBN: 0130336297 Publisher: Pearson Education Pub. Date: May, 2002 List Price(USD): $130.00 |
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Title: Mathematical Methods for Economics (2nd Edition) by Michael Klein ISBN: 0201726262 Publisher: Addison Wesley Pub. Date: 13 July, 2001 List Price(USD): $115.33 |
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