This rigorous, up-to-date text on modern microeconomic theory presents all of the core mathematics, neoclassical theory, game theory, and information economics needed to access the modern professional literature. Complex theory is patiently and carefully developed, then clearly explained and illustrated because even well-prepared students benefit from additional math help. Careful explanations, efficient theorem-proof organization, and many examples and exercises make this a uniquely effective text for advanced courses. Students will appreciate the clear writing and accessible style.
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Most Helpful Customer Reviews
16 of 16 people found the following review helpful:
5.0 out of 5 stars
Fantastic,
This review is from: Advanced Microeconomic Theory (Paperback)
While the book is certainly aimed more at grad students, I've found it to be invaluable in my undergraduate studies. It delves deep into the analytical mathematics behind microeconomics, where Varian and Nicholson brush lightly across the surface.
Good for both undergraduates and graduates. Familiarity with the structure of analytic mathematical arguments required. Not for the economically or mathematically faint-of-heart.
21 of 23 people found the following review helpful:
5.0 out of 5 stars
The best book for Micro,
This review is from: Advanced Microeconomic Theory (Paperback)
Firstable, this is a Graduate Micro book, nobody could properly say that it is not good if she is trying to get some stuff of this topic for the first time, this is not the goal of this book, it was created to make first year econ-grad students lives better.
I used MWG (Mas Colell) for the first semester Micro of the Phd program and most of my partners and I hated it, it is so complicated and has some excessive and wording detail for even simple things, however I should recognize that it is more complete than the rest of books, now in the second Micro we're using Jehle and Reny and we love it, to be honest this is the best book in Micro now (according to my knowledge and point of view), we also use Silberberg sometimes (very good) and Varian (has a lot of gaps even though it is easy to understand too) but this is the best, it is not probably as complete as MWG but it is more neat, precise and far more understandable, general equilibrium part has one third of the pages of MWG but it is better, it doesn't have Offer curves neither other minor things but the proofs of existence of Walrasian equilibrium and the welfare theorems are incredibly powerful and far shorter than those of MWG. For Game Theory it is also very very good, clear and precise without excessive wording. I almost forgot....the Math appendix is the best I've ever found in any other Micro book, it gives you precisely what you need to get into the business. This book is like "pure gold" no regrets of any kind. Aldo.
11 of 11 people found the following review helpful:
5.0 out of 5 stars
I wish I knew about this book before grad micro...,
By A Customer
This review is from: Advanced Microeconomic Theory (Paperback)
The assigned text in my graduate micro theory class was Mas-Collel/Whinston/Green (MWG), a book that I couldn't wait to get rid of. However, I have a much better appreciation of MWG after having read Jehle and Reny (JR). JR is strong where MWG is weak and vice versa. JR provides a clear, self-contained introduction to key concepts in advanced micromicroeconomic theory but is not comprehensive in its coverage. MWG on the other hand is more terse and requires a greater level of math preparation, but is truly the encyclopedia of micro. Regarding the comments of the disappointed reader from Cambridge MA, it's true that there are not many applications in J&R, but that's not really the point of this book. As the title indicates, this is a theory book. Nicolson's or even Varian's intermediate texts are good places to look for applications. But for grad micro theory, I would recommend reading both JR and MWG, in that order.
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