Principles of Microeconomics

Rating:
Summary: An outstanding introduction to economics.
Review: I don't normally bother reviewing textbooks, but this one was so good I felt compelled to. I had absolutely no background in economics, but this book explained the concepts and the principles underlying them so clearly that I picked the topic up very easily. Not only is it very clear, but it's very well-written and presents its information in a creative and sometimes even entertaining way.

Even though I'm not going to be taking Macroeconomics in college at all, I'm still planning to buys Mankiw's Macroeconomics book, too. His microeconomics book has made me want to learn more about a topic I previously had no interest in!

Rating:
Summary: Principles of Microeconomics
Review: Mankiw (economics, Harvard U.) presents an introduction to microeconics that is more devoted to applications and policy than to formal economic theory. Chapters cover fundamental tools of supply and demand, externalities, public goods, firms in competitive markets, monopoly, and labor markets. As is common with many economics textbooks there is little recognition of controversy within the field. A companion volume on macroeconomics is sold separately or included together with this text in a hardback volume.