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Microeconomic Theory

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Title: Microeconomic Theory
by Andreu Mas-Colell, Michael D. Whinston, Jerry R. Green
ISBN: 0-19-507340-1
Publisher: Oxford Press
Pub. Date: June, 1995
Format: Hardcover
Volumes: 1
List Price(USD): $102.00
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Average Customer Rating: 3.67 (58 reviews)

Customer Reviews

Rating: 5
Summary: Complete, well explained and concise
Comment: This is a really good book for those who are taking graduate courses or comprehensive exams in Microeconomics. It covers almost everything one needs to know about microeconomics and can be used as a reference book. It sure gets into technicalities too, but one has always the option to skip them and focus on general ideas. Only that the "Game Theory" section is not the best you can find. Some complementary texts is recommended for that section.

Rating: 5
Summary: Solid introduction to microeconomics
Comment: Just like Samuelson's introductory text was for many years a standard in undergraduate economics courses, so is MWG the canonical choice for first-year graduate microeconomics. It is a comprehensive treatment that leaves out neither the rigorous mathematics that the subject deserves nor discussions of the applications and intuition, and while the size can be intimidating, instructors generally only choose the chapters most appropriate to their own exposition. The only quibble about the book is that while it covers the 50-year-old foundations but does not go into new developments of microeconomics too much, for which I would suggest _The Structure of Economics_.

Rating: 5
Summary: a comment on the level of maths
Comment: Most people complaining about the level of math do apparantly not realize that the mathematics used in graduate textbooks on economics is quite elementary. This means, if you don't know the tools needed to understand MWG, read an optimization text like sundaram and you will be ready. No prerequisites for that. it is funny to read all the reviews complaining about the lack of intuition. You guys do not have any idea of what science is about.

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