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Economics (McGraw-Hill Economics) 18th Edition Hardcover – AC-3, October 24, 2008

ISBN-13: 978-0073375694 ISBN-10: 0073375691 Edition: 18th

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Product Details

  • Series: McGraw-Hill Economics
  • Hardcover: 880 pages
  • Publisher: McGraw-Hill/Irwin; 18th edition (October 24, 2008)
  • Language: English
  • ISBN-10: 0073375691
  • ISBN-13: 978-0073375694
  • Product Dimensions: 8.5 x 1.4 x 10.2 inches
  • Shipping Weight: 4.4 pounds
  • Average Customer Review: 3.8 out of 5 stars  See all reviews (53 customer reviews)
  • Amazon Best Sellers Rank: #18,249 in Books (See Top 100 in Books)

Editorial Reviews

About the Author

Sean is an assistant professor of economics at Scripps College in Claremont, California. He is the author of the international best seller "Economics for Dummies" as well as the coauthor, along with Campbell McConnell and Stanley Brue, of the world's best-selling college economics textbook, "Economics: Principles, Problems, and Policies".

An avid martial artist, Sean is a former Aikido national champion and has coached five of his students to U.S. national aikido titles.

A recurring commentator on FOX Business, ABC News, and NPR, Sean holds a B.A. in economics from the University of Southern California and a Ph.D. in economics from U.C. Berkeley, where he completed his dissertation under the supervision of Nobel Laureate George Akerlof.

Sean's research focuses on the often puzzling and seemingly irrational behavior of stock market investors, but he's also investigated topics as wide-ranging as the factors that affect customer tipping behavior at restaurants and why you see a lot of unionized workers only in certain industries.


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Customer Reviews

3.8 out of 5 stars

Most Helpful Customer Reviews

54 of 59 people found the following review helpful By J. Knight on March 2, 2009
Format: Hardcover Verified Purchase
For $140 you'd think they'd sell you the whole book, but there is some content (listed below) that is only available on the web. Well, maybe it's available - let me see - you need to login as student, new registration, did you get a registration card with your book? Well, I don't know but it's sure not here now. Well then, you'll have to pay another $16 to access the web content. How would you like to pay?

Honestly, I knew textbook companies were crooks but....

What's missing: chapters on tech and efficiency, developing countries, and the gold-standard and Bretton Woods systems. Also there are worked problems, interactive graphs, and 70 articles on certain histories.

None of this is available for the $140 price. Or maybe it is. Maybe I accidentally threw away my registration card because (silly me) I had no reason to suspect that part of the book was not included with the book. Now, without said card I will have to pony up another $16 to finish buying the book I thought I bought. FU, McGraw-Hill.
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34 of 37 people found the following review helpful By V. Swift on February 6, 2010
Format: Hardcover
FYI: If your thinking about purchasing the Primus E-book instead of the hard copy I urge you not to do it. I did, being gun-ho about technology, and since the two short weeks of my purchase have had nothing but issues. My final straw has been today, Sat. at 10:30am when the website has shut down for "updates" and the "hotline" number is turned off. (You can only access the book through this website -or spend 6 hrs downloading a pdf). They also promise that you can "copy and paste" from the text, but what they don't tell you is your charged every time you do this. I've sent a strongly worded email which will fall on deaf ears, and now I'm going to my next line of defense: Online Reviews! Don't be the next victim, and don't let your friends be the next victium - Primuis E-Book is BAD spread the word! Macroeconomics
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27 of 32 people found the following review helpful By Bam Bam on June 26, 2009
Format: Hardcover Verified Purchase
This version contains both the micro and macro sections together. There are also separate micro only and macro only versions of the text.

A study guide is available separately: ISBN: 978-0-07-336880-1. The study guide contains a summary of each chapter along with short answer, true/false, and multiple choice questions (with answers).

Two of the chapters (11W & 39W) and one supplement (39S) are only available online in PDF form (from mcconnell18e.com). There is no charge to download these chapters. Other free content like quizzes and interactive graphs can be found on the same website.

Premium content--available for a fee on the same website--includes:
- key questions (the same key questions in the text, but no answers!)
- narrated slides (handy to watch before a class, but not a substitute for reading the text)
- iPod content (the same narrated slides in iPod video and audio format)
- Paul Solomon videos (like a mini lecture)

The version I bought from Amazon did not come with a registration code for premium content, but I was able to sign up for $20.00.
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6 of 6 people found the following review helpful By Justice W Kelly on September 11, 2009
Format: Hardcover
When purchaseing the text, make sure you get the right edition if you want to be able to follow page-by page with instruction... I first got the Softcover international edition, but had to then get the regular hardcover because the page layout was different... If you are taking any tests on computer systems like Moodle, Blackboard, etc, get the study guide as well. Our instructor had us divy into groups of 6, each group bought the study guide and we worked from it that way. Makes understanding the tests and test layout much easier. (The tests are abstract versions of the book information- they do not follow, relate or co-incide with any of the book layouts... I think the test creators were more concerned with writing questions to beat eachother in competition than writing questions designed to apply the text information logically. First rule of test question creation- make sure you are building the foundation of comprehension and knowledge to the students, instead of trying to impress the authors and win a contest against the other question creators (most often graduate students...).) And the online content- why is there a cost for supplemental information?
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8 of 9 people found the following review helpful By Amazon Customer on September 22, 2009
Format: Hardcover
GENERAL:

If you decide to pay $60~ for the online McGraw Hill's Connect, you don't have to because all the Connect questions are already inside the textbook. If, however, you are required to get the online membership so your teacher can grade you on the online questions, be warned that the questions are vague and hard to understand.
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ONLINE MATERIAL PROBLEMS:

The Online Study Questions can grade the multiple choice but it *cannot* grade the short answer questions correctly.

The questions are also ambiguous, for example the Connect questions will ask you to draw a curved PPF graph using a table of data given. Then it will ask you what the X is on a random point on the PPF curve when given a Y-axis along the curve (ie. If y=5 coffee beans, what is x=? on the parabolic PPF curve). To solve that would require Calculus. And then the answer needs to be within .5 of a decimal place.

Sometimes the same, exact question will appear 3x in a row. This is gross oversight.
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TEXTBOOK:

The textbook glosses over important details such as "opportunity cost" in 2 sentences and is described without examples, other than alluding to free lunches. Instead of explaining definitions and concepts, the textbook teaches it to you as if you're already expected to know.

For example, in teaching the Law of Increasing Opportunity Costs, the textbook uses a graph and states moving from Point A to B will sacrifice x units of Item#1 for x units of Item #2. And then it says that illustrates the Law of Increasing Opportunity Cost, and that's it for the entire explanation in the textbook for that concept.

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I highly recommend you go with "William J. Baumol & Alan S.
Read more ›
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