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Rating: ![2 stars](http://www.reviewfocus.com/images/stars-2-0.gif) Summary: A Beginner's Text... Review: Although billed as a text "suitable for students with a broad range of backgrounds," as an intermediate student using it this semester in a graduate public policy program core class, I've found this book of little value. Topics are rarely covered in depth (e.g., utility effects of taxation and subsidies are consigned to roughly two pages), examples, though clearly explained, are rather basic -- mathematical formulas are scarce and calculus is nonexistent -- and the graphs are less descriptive relative to other intermediate texts. (If you've used either of Nicholson's texts, this one is certain to disappoint in comparison.) In short, beginners may benefit; others should not waste their money.
Rating: ![3 stars](http://www.reviewfocus.com/images/stars-3-0.gif) Summary: Its clearly written, however laughable as an inter. Text Review: I found this book to have clarity in the major topics of microeconomics which could help you to understand the basics. However this should only be used as basis reading and other books should be used to cover the various topics in more depth, such as Koutsoyanis and others which give more insight on specific topics. All in all it is a good solid core text book which can give you the basic knowledge needed in microeconomics.
Rating: ![5 stars](http://www.reviewfocus.com/images/stars-5-0.gif) Summary: Microecon is not exactly the most exciting subject Review: I've used this book in an intermediate micro course at Berkeley, and I have to say that this is one of the best written economics books I've read. One of its greatest advantages is the clarity of explanation and abundance of visual aid such as graphs and tables throughout the book to support the material. The graphs get a bit complicated towards the last chapters, but that's only because the material that needs to be illustrated through those graphs gets complicated as well.Second, even though I've had extensive economics background, the book could be suitable for beginners. The first two chapters give a concise overview of a basic Econ 1 course, explaining the basics of supply and demand, market structure, etc. - everything a person with little economics background needs to know to be able to understand this book. However, if you find this book to simple for you, keep in mind that Prentice Hall publishes it as "Intermediate Economics" - for use in 2nd or 3rd year in an undergraduate economics program. Unlike many other econ textbooks I've encountered, this book is neither math-heavy nor theory-heavy - it has a good balance of theoretical information coupled with enough mathematical examples to get the message across. However, many students (and some reviewers on this website) find that there aren't enough examples and exercises (with answers) in the book - for that I'd HIGHLY recommend getting the Student Study Guide. It quickly summarizes each chapter (good for emergency test/quiz studying) and provides plenty of sample problems as it summarizes the concepts. It also includes a quick chapter quiz and gives the solutions to all problems found in the Study Guide. Also unlike most outdated econ textbooks today, this one includes excellent chapters on Game Theory and pricing strategies. I've heard from a few business majors here at Berkeley that they're encouraged to read those two chapters as good examples of how these concepts apply to business and economics. The book features many "Sample Boxes" - small paragraphs on how the current topic of discussion has been applied in the real world. This helps understand that economics is a real science (in a sense that it can produce theories that are testable in the real world) and has some useful applications. Overall, this is a very good economics textbook for intermediate microeconomics. The book alone deserves 4 stars, but coupled with the study guide, it's definitely a 5.
Rating: ![5 stars](http://www.reviewfocus.com/images/stars-5-0.gif) Summary: Microeconomics (5th Edition) Review: Microeconomics (5th Edition) by Robert S. Pindyck a solid textbook. Pindyck is a widely respected economics writer represented by three titles in BCL3 (we reckon this work will appear there in future).
Rating: ![5 stars](http://www.reviewfocus.com/images/stars-5-0.gif) Summary: A good book for intermediate level students Review: Organization of the books is good. Topics are discussed with enough clarity and graphs and illustrations are describing enough. The level of algebra and math is at an intermediate undergraduate level (economics major). I think it is a complete book for anybody who wants to have an understanding of microeconomics. I am a Ph.D. student of economics now and if I am going to teach an undergrad micro course, I will certainly choose this textbook.
Rating: ![5 stars](http://www.reviewfocus.com/images/stars-5-0.gif) Summary: A good book for intermediate level students Review: Organization of the books is good. Topics are discussed with enough clarity and graphs and illustrations are descriing enough. The level of algebra and math is at an intermediate undergraduate level (economics major). I think it is a complete book for anybody who wants to have an understanding of microeconomics. I am a Ph.D. student of economics now and if I am going to teach an undergrad micro course, I will certainly choose this textbook.
Rating: ![3 stars](http://www.reviewfocus.com/images/stars-3-0.gif) Summary: Very good, but fluffy Review: This is a very well-written introduction to microeconomic theory, covering all the major topics you would expect to cover in a microecon course. However, I can attest to the fact that it is overly wordy, with an unnecessary number of examples (perhaps for the benefit of those who don't necessarily understand the subject well). I would have preferred to see a more mathematical treatment of the subject, something more than the elementary calculus used in this book. And, I don't believe it would be too difficult to summarize everything important that was said in this book in about 100 pages.
Rating: ![1 stars](http://www.reviewfocus.com/images/stars-1-0.gif) Summary: Unneccessarily Long Review: This textbook takes microeconomics which can be explained in a technical, exact manner and makes it abstract and foreign.
This textbook's sentences run-on and lose their direction, confusing the reader...If a reader had a firm understanding of economics prior to this textbook, after reading it, it is certain that they will no longer have the understanding of economics, that they did previously.
It is a travestly when a textbook designed to teach the reader about a certain subject, actually makes them less knowledgeable of the subject.
I must also ask why it is being used to teach university students in different years and programs, when it should not be, for example in my university it is being taught in the following programs
IBBA - Year 1
BBA - Year 2
BAS - Year 3
MBA - Year 1
Rating: ![5 stars](http://www.reviewfocus.com/images/stars-5-0.gif) Summary: Excellent!! Review: Unlike most texts in economics, this one is neither full of abstract equations nor is it completely devoid of them. This book balances both intuition and the math underlying economic phenomena. However, that is not all. As a student, I always wondered whether it is really possible to implement the concepts in practice. This book shows you how to do that by giving many examples from the real world. Whether you want to understand why tariffs are the lesser evil vis-a-vis quotas or how P&G will set prices in a competitive oligopoly, this book will show how. This, "economics in practice" approach makes this a truly delightful read. Buy it, read it and you will never regret it.
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