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Economic Theory Paperback – June 15, 2007

ISBN-13: 978-0202309804 ISBN-10: 0202309800 Edition: 2nd Enlarged edition

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Economic Theory + The Economic Approach to Human Behavior + Human Capital: A Theoretical and Empirical Analysis, with Special Reference to Education, 3rd Edition
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Editorial Reviews

About the Author

Gary S. Becker is professor of economics and professor at the Graduate School of Business and Sociology at the University of Chicago. He is also a senior fellow at Stanford University's Hoover Institute. He received a Nobel Prize in Economic Sciences in 1992. He is the author of a large number of scholarly articles and books, as well as a member or fellow of a large number of elected and professional societies.

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Product Details

  • Paperback: 241 pages
  • Publisher: Transaction Publishers; 2nd Enlarged edition edition (June 15, 2007)
  • Language: English
  • ISBN-10: 0202309800
  • ISBN-13: 978-0202309804
  • Product Dimensions: 6 x 0.6 x 9 inches
  • Shipping Weight: 12.8 ounces (View shipping rates and policies)
  • Average Customer Review: 4.6 out of 5 stars  See all reviews (5 customer reviews)
  • Amazon Best Sellers Rank: #804,329 in Books (See Top 100 in Books)

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Customer Reviews

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Most Helpful Customer Reviews

21 of 22 people found the following review helpful By A Customer on April 10, 2000
Format: Hardcover
This book is very innovative in the sense that some concepts taken for granted are challenged. For instance, even if the consumer behaves irrationally, the demand tends to be negatively inclined, because the resources are scarce. Sometimes, the book gets very difficult, and the reader has to derive some equations. It is very interesting the presentation of the creative theory of allocation of time. The book does not argue General Equilibrium, but it has an extensive and non usual discussion about human capital. Also, note that this is not a subject usually covered in introductory books. Finally, it should be pointed out that some exercises are really hard, although they are not mathematically demanding. I do not recommend this book for beginners, but for those who wish to deepen his knowledge about microeconomics.
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3 of 4 people found the following review helpful By fp on January 12, 2013
Format: Paperback Verified Purchase
This is an awesome textbook, teaches price theory superbly with the very distinct touch of the Chicago School with its emphasis on intuition.
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The author of this text is Nobel Laureate, Dr. Gary Becker of the University of Chicago. Most texts in economics focus either on macroeconomics, the study of the economy as a whole, or microeconomics, the study of economics at the level of the individual consumer or decision maker. Dr. Becker eschews that approach because he believes there is only one kind of economic theory, not separate theories for micro problems, theories for macro problems, etc. Economic analysis is the study of behavior in the market place, the behavior traditionally studied by other social scientists than economists. The book presents a series of lectures that anyone with a solid grounding in basic economics can use to apply to the study of the behavior of individuals in the world at large. It is highly recommended for both students, scholars, and practitioners of the art and science of economics.
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This is a practical, concise, tightly written compendium/summary of microeconomic theory. Closely read, it makes you challenge some basic assumptions. The mathematics is not too hard, but concepts are challenging. This is a great second book once you have done microeconomics 101. Read this and you will gain a much deeper understanding.
More than that, you will appreciate how a really sharp guy thinks.
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3 of 5 people found the following review helpful By israel arroyo martinez on September 21, 2009
Format: Paperback
Good old price theory, Chicago style. Complements nicely more theoretical approaches like those of Mas-Colell et al. or Reny and Jehle.
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