Getting students to successfully apply abstract microeconomic tools to complex, real-world problems is the ultimate goal of intermediate microeconomics and goal of Jeffrey Perloff when he pioneered the use of step-by-step Solved Problems. By setting practice and applications in the context of real companies and using real data for analysis, he leads students to connect microeconomic models to actual decisions being made in today's marketplace.
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Book Description
Editorial Reviews
About the Author
Jeffrey Perloff was trained as an economist at the University of Chicago and at MIT. He taught microeconomics at MIT and the Wharton School of Business before moving to the University of California, Berkeley, where he teaches today. Perloff has conducted exhaustive research within economics, and his articles have appeared in esteemed publications, including the International Economic Review, the Review of Economic Studies, and Econometrica. He has also published several works in psychology journals. In addition to teaching and research, Perloff has served as consultant and advisor to government agencies such as the U.S. Department of Labor, the U.S. Department of Commerce, the U.S. Department of Justice, and the Federal Trade Commission.
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Most Helpful Customer Reviews
9 of 10 people found the following review helpful:
3.0 out of 5 stars
An okay book,
By an undergraduate business student (PA, USA) - See all my reviews
This review is from: Microeconomics (Hardcover)
This book was used for my microeconomics class. It helped me learn the material, but there's still room for improvement.Having the textbook be so focused on specific examples was not such a good idea, because it made it difficult to understand what do to in a more general problem, or in any problem that deviates from this example. The discussions of concepts, however, were excellent. I wish the derivations were more integrated into the text instead of in an appendix in the back, and that they were better explained - it's frustrating to spend an hour trying to figure out which steps were left out. The problems in the textbook were challenging but good, however, unless you're at least a econ grad student or some kind of genius, you're probably not going to be able to do many of them just by reading the textbook...which brings me to my last point...if you're taking a class in which this book is mandatory, by all means, get it, it's useful...but if you are trying to learn or brush up on micro without the aid of a class, look for another book
6 of 6 people found the following review helpful:
2.0 out of 5 stars
Overpriced,
By A Customer
This review is from: Microeconomics (2nd Edition) (Hardcover)
I had to purchase this book for an economics course. It does have some good examples and applications, but other times the book just bogs down and is impossible to read. Lastly, the price tag is ridiculious... Teachers, don't make your students waste their money on this.
4 of 5 people found the following review helpful:
1.0 out of 5 stars
Nearly impossible to follow,
This review is from: Microeconomics (5th Edition) (Hardcover)
This is my first review on Amazon ever, I feel so adamantly about the horrible quality of this book that I needed to share.
The author does an extremely poor job of introducing concepts and making them easy to understand. Problems are CONSTANTLY laid out in a manner where leaps are made between steps without explanation. The "myeconlab" supplement is supposed to walk through solutions from the book but instead only offers multiple choice "quizzes" that are much different. Of course many of you will not have a choice in the matter if it is required for the course but what a P.O.S.....worst way to spend $200.
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Inside This Book
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Key Phrases - Statistically Improbable Phrases (SIPs):
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textbook resources, behavioral economics, allocating property rights, network externalities, producer welfare, quantity discrimination, vertical integration, consumer welfare, shutdown rule, output rule, monopolistic competition, marginal expenditure curve, demand curve hits, price discrimination equilibrium, residual supply elasticity, fewer burritos, boat rental firm, residual supply curve, private producer surplus, joint production possibility frontier, firm cannot vary, monopsony equilibrium, total supply curve, valorem sales tax, billion bushels per year Key Phrases - Capitalized Phrases (CAPs): (learn more)
United States, New York Times, San Francisco Chronicle, Solved Problem, Lerner Index, Wall Street Journal, American Airlines, United Kingdom, James Dearden, Interest Rates, Law of Demand, Using Equation, New Jersey, Public Goods, United Airlines, Cross-Chapter Analysis, Capital Markets, Los Angeles Times, Game Theory, Policies That Create, Consumer Price Index, Two Variable Inputs, Long-Run Production, Comparing Money Today, Long-Run Costs Browse Sample Pages:
Front Cover | Table of Contents | First Pages | Index | Back Cover | Surprise Me!
textbook resources, behavioral economics, allocating property rights, network externalities, producer welfare, quantity discrimination, vertical integration, consumer welfare, shutdown rule, output rule, monopolistic competition, marginal expenditure curve, demand curve hits, price discrimination equilibrium, residual supply elasticity, fewer burritos, boat rental firm, residual supply curve, private producer surplus, joint production possibility frontier, firm cannot vary, monopsony equilibrium, total supply curve, valorem sales tax, billion bushels per year Key Phrases - Capitalized Phrases (CAPs): (learn more)
United States, New York Times, San Francisco Chronicle, Solved Problem, Lerner Index, Wall Street Journal, American Airlines, United Kingdom, James Dearden, Interest Rates, Law of Demand, Using Equation, New Jersey, Public Goods, United Airlines, Cross-Chapter Analysis, Capital Markets, Los Angeles Times, Game Theory, Policies That Create, Consumer Price Index, Two Variable Inputs, Long-Run Production, Comparing Money Today, Long-Run Costs Browse Sample Pages:
Front Cover | Table of Contents | First Pages | Index | Back Cover | Surprise Me!
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