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Microeconomics (7th Edition) [Hardcover]

Robert Pindyck , Daniel Rubinfeld
3.8 out of 5 stars  See all reviews (45 customer reviews)

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Microeconomics with NEW MyEconLab with Pearson eText -- Access Card Package (8th Edition) Microeconomics with NEW MyEconLab with Pearson eText -- Access Card Package (8th Edition) 3.7 out of 5 stars (15)
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Book Description

June 21, 2008 0132080230 978-0132080231 7

KEY BENEFIT: This book is well known for its coverage of modern topics (Game theory, Economics of Information, and Behavioral Economics), clarity of its writing style and graphs, and integrated use of real world examples.

KEY TOPICS: The emphasis on relevance and application to both managerial and public-policy decision-making are focused goals of the book. This emphasis is accomplished by including MANY extended examples that cover such topics as the analysis of demand, cost, and market efficiency; the design of pricing strategies; investment and production decisions; and public policy analysis.

Economists and strategists looking to stay current with economic information.

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Product Details

  • Hardcover: 768 pages
  • Publisher: Prentice Hall; 7 edition (June 21, 2008)
  • Language: English
  • ISBN-10: 0132080230
  • ISBN-13: 978-0132080231
  • Product Dimensions: 10.1 x 8.3 x 1.2 inches
  • Shipping Weight: 3.4 pounds
  • Average Customer Review: 3.8 out of 5 stars  See all reviews (45 customer reviews)
  • Amazon Best Sellers Rank: #35,502 in Books (See Top 100 in Books)

Customer Reviews

Most Helpful Customer Reviews
27 of 28 people found the following review helpful
By Agyaat
I currently use this book to teach at the University of Michigan. (I chose it because it's what has been used here before.) The book is written in an accessible, reader-friendly style. It has many examples and pictures, which make it attractive -- a feature, I suppose, that is necessary to hold an undergrad's attention in these times we live in.

But what annoys me is the absence of conceptual rigor/detail and the sudden jumps in explanation. I want my students to be able to see what is going on and appreciate the simple elegant logic of microeconomic theory. Instead the book reads like it's delivering information to you, but isn't really explaining why it makes sense.

Here's an example. In Section 4.2 on Income and Substitution Effects, the effect of a price change is decomposed into income and substitution effects using constant utility. But as many of us know, there's an alternative way to do this too, which is holding purchasing power constant. For some reason that approach isn't mentioned. Instead, the text reads as though we were interested in the constant purchasing power approach, but then suddenly switches to a constant utility approach by saying "This substitution is marked by a movement along an indifference curve." But why? Wouldn't any intelligent student at this point start wondering how we went from purchasing power to utility? Flip back to Section 4.1 and find that the word utility has been quietly introduced there in a sentence that's in parentheses: "(Because the price of food has risen, the consumer's purchasing power -- and thus attainable utility -- has fallen.)"

Pooh. I don't like books that sneak important ideas into parentheses in order to avoid answering the all important question -- i.e. "Why?"
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16 of 16 people found the following review helpful
4.0 out of 5 stars Not the same as the International Version November 18, 2009
By AnneC
I want to warn anyone buying the international version that the problems are different from the US version.
Also, some of the notation is different (ex. rupees instead of dollars) and some of the examples are different.
If you don't have problems assigned from the book, the international version will work fine.
Many sellers claim that the editions are exactly the same, but they are not!
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8 of 9 people found the following review helpful
1.0 out of 5 stars Do not buy Kindle edition. October 12, 2010
Format:Kindle Edition|Verified Purchase
Textbooks on Kindle are a nightmare. There are no page numbers and content never stays on the same screen twice. When you are told to reference a certain page number it is impossible. Ebooks in pdf form are amazing, but do not think you will have the same level of usability here. Buyers beware- I would highly recommend AGAINST buying textbooks on the Kindle platform. Waste of time and money.
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5 of 5 people found the following review helpful
4.0 out of 5 stars Excellent text. Not so much in Kindle form September 26, 2010
Format:Kindle Edition|Verified Purchase
I have used this text -- Pindyck/Rubenfeld -- at the professional/graduate school level (that is, not PhD track in economics, but to provide the econ foundation to public policy and work of that sort).

It's an excellent, thorough text. The writing is not as engaging as Mankiw and Pindyck is more math-intensive (which I think is a good thing). Pindyck is, I think, more thorough than Mankiw. And Mankiw most definitely has a distinctly conservative political bent. Most of the excerpt writers in the book are very conservative (George Will, Jeff Jacoby). A handful of liberals are offered -- just a handful (Krugman). And Mankiw's characterization of a number of issues is conservative.

By contrast, Pindyck/Rubenfeld is far better balanced and far more rigorous.

The catch with the Kindle edition is that nearly all of the great layout and typesetting of the print edition is gone. Simple things like paragraph indents are gone, making straight reading more difficult. Type treatment (head/subhead, sans-serif, serif) is mostly gone. Color treatments to aid navigation of the text is gone.

So why does the Kindle edition cost $90 when the full print edition costs $135? 67% of the cost for 45% of the quality? $90 is a lot to spend just for the convenience of not carrying a large physical book. There are points where the absence of the print edition's formatting several hampers reading and clarity. Why? File size? And the fact that the Kindle is black and white?
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7 of 8 people found the following review helpful
2.0 out of 5 stars You might not need the newest edition May 15, 2010
I had a copy of this book which changed editions between my second and third year of university. I went to the library and compared the old and new editions, and out of the entire 600 pages, only SIX pages had new content. Three chapters had been re-ordered. The rest of the book was identical. If you don't need to buy it new, don't, and save the $100. Intermediate microeconomics doesn't change that much in 3 years.
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2 of 2 people found the following review helpful
By D. Chen
Format:Hardcover|Verified Purchase
Although this book has plenty of examples and descriptions suitable for any undergraduate level microeconomics course, I personally struggled with the lack of math in the book. For the most part, the book lacks any mention of calculus at all, which is essential when discussing something like elasticity or optimization. When it does appear, subjects like partial derivatives or Laplace transforms are relegated to a short addendum at the end of the chapter, glossed over in a fashion that would make it difficult for anyone but math majors to understand what the author is talking about.
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2 of 2 people found the following review helpful
3.0 out of 5 stars Good concepts, horrible mechanics August 28, 2008
Explains the concepts well regarding microecon (at the intermediate level). However the MAJOR thing this book lacks are examples of the computations. The end of chapter problems are difficult without clear and concise example, it's almost like the two authors agreed to write the book but never consulted eachother until the end.

The book doesn't show how to solve the problems sets, the appendices are slim and ineffective.

Very poor book, find another microecon book with better examples for your class!
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Most Recent Customer Reviews
5.0 out of 5 stars Five Stars
Published 6 days ago by Hoang Bui
5.0 out of 5 stars required for class
i love econ so this book made me happy.

this is not for the light reader or someone just interested in micro econ. this is made for in depth learning.
Published 10 days ago by Nathan Venturini
4.0 out of 5 stars Be Careful Who You Buy This From
Beware of used books. I order this book for my intermediate microeconomics class and the Indian version came? Read more
Published 28 days ago by Makeda Yohannes
4.0 out of 5 stars Recommended by teacher
Content-wise, it is not much different from the similar books. I bought this book because it is recommended by our teach of the course. Read more
Published 2 months ago by tomatocall
5.0 out of 5 stars Good book
It is a copy... Anyway, it is a good book, I don't really care it is colorful or not. There is no break page. Good for me
Published 4 months ago by wanzhiru
5.0 out of 5 stars Students: Buy this instead of more recent edition
The 8th edition of this book was required for my intermediate econ class but the professor told us we could get an earlier (cheaper) edition. Read more
Published 5 months ago by William DeBord
5.0 out of 5 stars Texkbook
Thank you very much, I received the book brand new like you mentioned. I will be recommending my friends and family to buy from you in the future.
Published 6 months ago by darebillionaire
5.0 out of 5 stars Five Stars for the conditions of the book and Five for the content
The book is in very good conditions although it is used: it is in better conditions than I expected actually. Read more
Published 7 months ago by raz
5.0 out of 5 stars Five Stars
clean and nice
Published 8 months ago by evita
4.0 out of 5 stars Highly Recommended!
Highly recommend this text book. It has great examples and illustrations that help to crystallize the concepts in micro and macroeconomics.
Published 8 months ago by Samuel Nokuri
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