- Series: Upper Level Economics Titles
- Hardcover: 784 pages
- Publisher: South-Western College Pub; 11 edition (June 23, 2011)
- Language: English
- ISBN-10: 1111525536
- ISBN-13: 978-1111525538
- Product Dimensions: 10.2 x 8.2 x 1.3 inches
- Shipping Weight: 3.6 pounds (View shipping rates and policies)
- Average Customer Review: 26 customer reviews
- Amazon Best Sellers Rank: #16,883 in Books (See Top 100 in Books)
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Microeconomic Theory: Basic Principles and Extensions (with Economic Applications, InfoTrac Printed Access Card) (Upper Level Economics Titles) 11th Edition
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About the Author
Dr. Walter Nicholson is the Ward H. Patton Emeritus Professor of Economics at Amherst College and a visiting professor at Ave Maria University, Naples, Florida. Throughout his teaching career, Dr. Nicholson has sought to develop in students an appreciation for the value of economic models in the study of important social questions. He also has enjoyed showing students some of the stranger things that economists have sought to model. Dr. Nicholson received his Ph.D. in economics from MIT. Most of his research is in the area of labor economics, especially policy questions related to unemployment. He lives in Naples, Florida and Montague, Massachusetts, where he and his wife enjoy the frequent visits of their eight grandchildren.
Dr. Christopher Snyder is the Joel Z. and Susan Hyatt Professor of Economics at Dartmouth College, where he pursues research and teaching interests in microeconomic theory, industrial organization, and law and economics. He is a research associate in the National Bureau of Economic Research, serves on the board of the Industrial Organization Society, and is an associate editor of the Review of Industrial Organization. Snyder received his Ph.D. from MIT. His recent research has appeared in leading economics journals, including the Review of Economics and Statistics and Quarterly Journal of Economics. He lives in Hanover, New Hampshire, with his wife, who also teaches economics at Dartmouth, and three daughters.
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Top customer reviews
I used this book for my graduate level microecon theory course. About once each chapter I would have to re-read a paragraph or two, but I still found this book to be very good at explaining concepts that were denser than my undergrad courses were. It was a great and necessary accompaniment to my professor's lectures, and it saved my ass a few times. A good highlight is it's explanation of the Slutsky Equation and Shephard's Lemma. Those were big "a ha!" moments for me. I really found the footnotes useful as well, and the end of chapter questions are appropriately challenging. I know other students in my class found Chapter 2, which is on the mathematics of economics, particularly helpful.
Sometimes I'd want a rhetorical and philisophical explanation of a concept, and sometimes I'd want a mathematical one, and this book always seemed to have what I needed.
Probably it's weakest area (for me) is explaining the Envelope Theorem. That wasn't something I really wrapped my head around until I was several chapters into the book. However, this may be because it's introduced very early in the course (and the book), where it's hard to comprehend why the theorem matters to microeconomics.
The book is a natural extension to Intermediate Microeconomics and its Application by Nicholson and Snyder.
In my opinion, even students without prior exposure to microeconomics (but possessing decent skills in calculus) will find this book very useful - they might not even need to read the above mentioned prequel.
Thoroughly recommend it