Microeconomic Theory: Basic Principles and Extensions [Hardcover]

Walter Nicholson (Author)

Book Description

ISBN-10: 0030335930 | ISBN-13: 978-0030335938 | Publication Date: October 26, 2001 | Edition: 8

Applauded for providing the most clear and accurate presentation of advanced microeconomic concepts, Walter Nicholson brings us Microeconomic Theory: Basic Principles and Extensions, 8e . It gives readers the opportunity to work directly with theoretical tools, real-world applications, and cutting edge developments in the study of microeconomics. Reviewers exclaim, "NicholsonÂ's text is solid, rigorous and comprehensive. It is sensibly challenging for students, best serving students with a mathematics background, and absolutely essential for those who are preparing for graduate studies in economics."

Editorial Reviews

About the Author

Walter Nicholson is the Ward H. Patton Professor of Economics at Amherst College. He received his B.A. in mathematics from Williams College and his Ph.D. in economics from MIT. Professor Nicholson's principal research interests are in the econometric analyses of labor market problems including unemployment, job training, and the impact of international trade. Professor Nicholson and his wife, Susan, live in Amherst, Massachusetts, and Naples, Florida. What was previously a very busy household, with four children everywhere, is now rather empty, with only one rather aged Labrador retriever still underfoot. But an ever-increasing number of grandchildren breathe some life into these places whenever they visit, which seems far too seldom.

Product Details

• Hardcover: 768 pages
• Publisher: South-Western College Pub; 8 edition (October 26, 2001)
• Language: English
• ISBN-10: 0030335930
• ISBN-13: 978-0030335938
• Product Dimensions: 10.2 x 8.2 x 1.2 inches
• Shipping Weight: 3.4 pounds
• Average Customer Review: 4.8 out of 5 stars  See all reviews (4 customer reviews)
• Amazon Best Sellers Rank: #484,172 in Books (See Top 100 in Books)

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Customer Reviews

Most Helpful Customer Reviews

3 of 3 people found the following review helpful:

5.0 out of 5 stars an excellent intermediate book, December 21, 2003

By 

"textbookmasters" (USA) - See all my reviews

This review is from: Microeconomic Theory: Basic Principles and Extensions (Hardcover)

This is a very good book for someone that wants a thorough understanding of intermediate level micro. It presents economics at a level in between Hal Varian's Intermediate Micro, and the far more advanced book by Mas-Colell. It gives a clear introduction to economics using calculus and, unlike other books, Nicholson covers second derivate conditions. This provides additional inights that help understand the more technical Mas-Colell.
Also, the type set and fonts are eye-friendly, and Nicholson is a master at explaning economics in a way that helps you learn it. I recommend this book for the serious student who wants to get ready for graduate level microeconomics courses. By serious, I do not mean only students that are majoring in economics, but also any other student who really wants to learn microeconomics.

3 of 3 people found the following review helpful:

5.0 out of 5 stars Best Intermediate Book on the Market, October 5, 2002

By 

Chad (Texas, USA) - See all my reviews

This review is from: Microeconomic Theory: Basic Principles and Extensions (Hardcover)

This is the book you should purchase to learn classical intermediate economics if you plan to go to graduate school in economics. You will need calculus, but if you want to learn 'real' microeconomics, calculus is indispensable. Competing texts are too mathematically infantile to be of much use. This text is very worthwhile for self-study because solutions are given to half of the end-of-the-chapter problems.

A relatively mathematically sophisticated student should be able to go through the book on their own. After you've done this, you will be well on your way to possessing the 'intuition' as well as the 'basic' mathematical underpinnings needed at the graduate level.

As others have mentioned, the book is relatively light on game theory. Other texts will be necessary (Binmore, etc.) for learning this topic at the advanced undergraduate level.

2 of 3 people found the following review helpful:

5.0 out of 5 stars Great Textbook for Intermediate Economics, October 8, 2004

By 

Ski_AEX (Rainier, WA USA) - See all my reviews
(VINE VOICE)   

This review is from: Microeconomic Theory: Basic Principles and Extensions (Hardcover)

One of the few textbooks I didn't return. This book is amazing for breaking down economic theories and providing excellent examples to some of the most challenging equations. I would highly recommend it to anyone who is having trouble grasping intermediate economic equations.