Customer Reviews

Principles of Microeconomics

5 star:		(1)
4 star:		(1)
3 star:		(0)
2 star:		(1)
1 star:		(0)

 

 

A very nice book , given by a famous Economist, is suitable for some aggresive students who are fearless to meet challenging. This book caould help you a lot. The examples focus on 97 Asia FC are crucial to form economic ideas.

Our oldest just started college this fall (2009), and her Econ Prof. was so adamant about having this Econ text, he had the kids send back a perfectly good Econ text for this one, so he was quite sure this is what was needed. There is also an inexpensive study guide with which it goes.
(When I said the texts they sent back were "perfectly good", I meant I'd read through the text and study guide, I found them to be sound, as well as a good teaching tool.)
These are the two our daughter's Prof insists upon. His insistance, combined with my own review, as well as our daughters', is what I base my rating upon. I'm sure you'd like more info, and I'm sorry not to be able to provide it, but I was unable to have the text long enough to give a really good going over.

Also, an aside.. I believe one of the previous reviewers was inadvertently reviewing the study guide, and not this book, which is the textbook.)
Thanks for your time!

The study guide was kind of useful, but it often asked pointless questions about details with which we were completely unconcerned in my Intro Microeconomics class. Also, it often gave the wrong answers for multiple choice questions, resulting in such inaccurate assertions as "The statement that firms in competitive markets are price takers means that average cost equals marginal cost at the minimum of average cost." It contradicted the book as well, defining the long run average cost curve as the straight line running along the bottom of the short-run curves when in actuality such a curve is the minimum average cost curve, and it bizarrely defined the real product wage as the marginal product divided by the product price. This last error wasn't exactly a typo, because it appeared twice. I can only imagine how many microeconomics students this study guide has misled and confused.