Customer Reviews

Exploring Economics

5 star:		(2)
4 star:		(1)
3 star:		(2)
2 star:		(1)
1 star:		(2)

 

 

A previous reviewer mentioned numerous typos in the 2nd edition. Now in the 4th edition, it is very clean. This is a great text, even if you don't like ECON! TP (another reviewer) is incorrect on 3 of his points and the other points are addressed on the errata sheet that's on the web-site. Show me a principles book that (if you read carefully enough) doesn't have any errors in it!!!

It was a very decent text, had it for both intro micro and macro, but fix the typos. And by typos, I dont mean a few, but probably hundreds. They are small but noticable, and detracting when reading.

I didn't try Sexton Extra, which comes with the book, although it looks decent.

I know that it all depeneds on the ISBN number, but can someone please tell me where to locate this book along with its Aplia code?

I used this book for my Econ 211 and 212 class and a reference book for some of my management classes. It was very useful.

This book is just waay, too expensive, brand new, I know college texts are usually expensive, but this just seems a little bit over the top to me.
I think there are other text which are just as good, and even better, which schools can use which are not this pricey.

Bought the book for $130, thought it was a good deal because I saved $30 from what my school was charging. Found out when I got to class that I need an Aplia software code. The code cost $80 on their website. So now I get to pay $50 more, then if I would have bought it from my school. Emailed seller and he said that the book with the code is under a different ISBN. And he was right. Although he didn't happen to mention that under the product description. So I get screwed and he makes $80 more on the book then he should have. Point of the story, ask your teacher or school if you need the include software or code. Might save you some money. Like Geico says "15 minutes could save you 15% or more".

Even as a student taking his first econ class, I have found at least a half a dozen content errors, not just typographical errors. How can one have confidence in this work? And in the 4th edition! The text website quizzes have at least one error as well.
Some examples:
p. 569. The definition of the labor force participation rate is incorrect. And the entry of the baby boomers into the labors force has nothing to do with the increase in the LFPR.
p. 591, 21.2, question 4. Wrong answer.
p. 609, second paragraph. A total mess. Incorrect and incoherent.
"...net income of foreigners--the income earned abroad by U.S. firms or citizens minus the income earned by foreign firms or citizens in the United States [sic]."
"... [The] difference between the net income of foreigners and the GDP is called gross national product [sic]".
p. 804, second paragraph. One can only guess that the author repeatedly uses the word "lender" where he should have said "borrower."
p. 845, Subsection on Imperfect Information. If the estimate of the MPC is too low, then the corresponding estimate of the multiplier will be too low and the likely remedial fiscal and/or monetary policy would stimulate too much not too little. If policy makers think that the multiplier is smaller than it is in fact, they would take excessive corrective measures and thus over stimulate.
There are plenty more errors still.
The author is the Distinguished Professor of Economics at Pepperdine. Should we be impressed?
The Aplia online tests, which accompanies the book but is not produced by the same publisher, also had a few errors, but I've talked to them and they're fixing the errors.

can you tell me where you send the book to?

I paid $124 for a book, not for waiting more than 30 days without getting anything from you.

Ok?