Microeconomic Analysis has been a fixture of graduate programs in economics for fifteen years, providing unique authority, clarity, and breadth of coverage.
The Third Edition continues to supply the building blocks of microeconomic analysis: a thorough treatment of optimization and equilibrium methods, coupled with numerous examples of their application. The Third Edition expands on the earlier editions in two ways. First, the coverage has been rewritten and rearranged. Second, chapters have been added on game theory, oligopoly, asset markets, and information economics. The new chapters fully update the text, highlighting significant developments of the last decade at a level that is accessible for first-year graduate students.
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About the Author
Hal R. Varian is the chief economist at Google.
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Most Helpful Customer Reviews
58 of 59 people found the following review helpful:
4.0 out of 5 stars
Good for the basics,
By Econ PhD Student (Cornell University) - See all my reviews
This review is from: Microeconomic Analysis, Third Edition (Hardcover)
I have read three graduate level Microeconomic Thoery texts: Mas-Colell, et al. Microeconomic Theory, Varian's Microeconomic Analysis, and Krep's A Course in Microeconomic Theory.
Mas-Colell is generally the most detailed, inclusive book that must be on the shelf of any serious economist. It has its weak points; however, it is the best that there is for learning the microeconomic theory. Note that this book is generally the text of choice for the first year of graduate study at most all of the top econ programs. The math requirements for getting the most out of this book are fairly heavy. With out a good math for economists course, this book is very difficult to use. Kreps book takes on more of the game theory approach. This is very interesting for the game/decision theorist, and is a highly recommended in addition to Mas-Colell for those with these interests. Varian is often used in masters degree level graduate programs, non-econ graduate programs, and lower-level econ phd programs. It is not as intense as Mas-Colell. However, it is often very helpful in its own right. For students who are using Mas-Colell in their courses, but are struggling to grasp all of the concepts, Varian presents the information in a more "user-friendly" way. He spends more time explaining the concepts using english rather than math, which can be very helpful to someone just starting out. At Cornell, Varian was helpful during the first semester of my microeconomic theory course, but provided virtually no help after that. Additionally, I found the practice problems and examples in Varian very helpful when studying for exams. In summary, all serious economists usually have Mas-Colell. Other than that, choose your additional books based on your needs and interests.
17 of 17 people found the following review helpful:
4.0 out of 5 stars
One grad student's opinion,
By A Customer
This review is from: Microeconomic Analysis, Third Edition (Hardcover)
Varian is a very helpful book for first year grad students in economics. It's not as detailed as other texts, like Mas-Collel, Winston and Green, but it's simple and concise and as long as you can follow along with the mathematics, you'll be fine. I recommend this book as a very thorough micro text.
22 of 25 people found the following review helpful:
3.0 out of 5 stars
good introduction,
By A Customer
This review is from: Microeconomic Analysis, Third Edition (Hardcover)
This textbook works wonders for graduates students in field other than economics (law, management science). It gives the concepts; it is easy to read; it is concise. So it useful for those who need to understand the concepts. For economists, Business PhD and all those who need to build on microeconomic concepts, Kreps or MasColell-Whinston-Green textbooks should be REQUIRED reading. This book is just too cursory in treating game theory, social choice, and also general/partial equilibrium. And econometrics and CAPM chapters should be books of their own.
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