Showing posts with label econ. Show all posts
Showing posts with label econ. Show all posts

27% Off Discounts: Lowest Price Microeconomics (7th Edition) Review

Microeconomics (7th Edition)

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Microeconomics (7th Edition) Review

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Also unlike most outdated econ textbooks today, this one includes excellent chapters on Game Theory and pricing strategies.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.

Microeconomics (7th Edition) Overview



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Principles of Microeconomics

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Principles of Microeconomics Review

This book will help you appreciate current news on the Economy, leaving you with open questions wanting to know more. It helps you in your personal life, home economy of "your household", purchasing habits, and how not to spend while spending. It's not a book to carry around every where you go, but you can get a glimpse of world economies without getting upset, and come up with your personal solutions to improve your "personal economy", for example; "absolute advantage" and "comparative advantage" just might bring closer ties in family and friendships. My wife and her cousin learned this concep. They now bring home more groceries than the fridge can hold. Guys, it's not a lady thing either. Get the book, but don't trade it in! Keep it in your wallet! Chaplain Donald Perry, Dallas, TX

Principles of Microeconomics Overview



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