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Macroeconomics in Context
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Top Customer Reviews
Microeconomics in Context covers orthodox theory, which is necessary to understand what economists are talking about. But then it goes on to describe the limitations of those theories. E.g., why Ricardo's Theory of Comparative Advantage fails so often, why GDP is such a terrible measure of anything useful, why the BLS definition of "employed" seriously overcounts the number of people that common sense says are employed....
The authors also give some space to monetarism, Keynesian thinking, and ecological economics. And there's a quick overview of microeconomics. There's some algrebra involved in the discussion of concepts like Aggregate Demand, but the discussion can be followed even by mathphobes. The authors specifically avoided using any calculus.
The writing style is very readable, unlike a lot of economics books I've seen. Everything is explained clearly, so no prior knowledge of economics should be needed.Read more ›
I understand why the professor asks to buy this book
nice summary and explannations
condition to read the book is good!
The textbook has a personal feel and seems to be rather unique because it emphasizes ecological economics. The prerequsited for the class I just completed was "micro", which I had not completed, but I am signed up for the Fall and expect the companion volume will be used. For the class, the "Aplia" website provided weekly quizes from material in the text, and online group discussion were also performed.
Most Recent Customer Reviews
Book is new enough like only has been used for one month. Two-day shipment took exactly two day. Very Good!Published on September 7, 2012 by Lester
Bought for school. Condition was spot on from how listed. Love Amazon's Student Program.Price was very competitive and trade in program made textbook buying a breeze!Published on December 31, 2011 by cjjuicejulesmommy
What is there to say about economics if you don't really like it? The class I used this for was easy and this textbook helped me get a good grade.Published on September 21, 2010 by ricanchica09