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 | | Price Theory and Applications by Steven Landsburg ISBN-10: 9780324059793 ISBN-10: 0-324-05979-5 ISBN-13: 9780324059793 ISBN-13: 978-0-324-05979-3 Hardcover 2001-07-20 South-Western College Pub Find Lowest Price |
Editorials | ||
Product Description Intermediate microeconomics is both fun and intellectually challenging in this new edition, written by the author of The Armchair Economist, the popular trade book that explains basic economics to the general public. The text provides an exceptionally friendly and application-rich presentation, combined with a rigorous and careful development of microeconomic theory. All of the standard topics of intermediate price theory are included, as well as innovative topics such as alternative normative criteria, efficient asset markets, contestable markets, antitrust law, human capital, and the demand for public goods. A unique unifying theme of social welfare is used with little higher-level mathematics. | ||
Reviews | ||
CONSERVATIVE BIAS, otherwise great When you write a textbook in economics you have the opportunity, the responsibility even, to apply the theory to public policy and everyday life. Landsburg does this in an informative and entertaining way but overall he treats liberals more roughly than conservatives. There have been times when liberals seemed more ignorant of economics than conservatives but that does not explain why conservatives get off so easily in this book. Landsburg simply prefers examples that fit his political agenda. Sadly, readers will have no idea that the examples were choosen based on their political value as well as their pedagogic value. Still, this book is entertaining, clearly written and teaches important material. If not for the political bias I would give it five stars. | ||
Excellent book for beginners This is one of the best books I have ever read. Anyone who is just beginning with microeconomics, should start with this book. It is very simple and goes right to the point. | ||
Very readable and challenging textbook This is an excellent textbook for any intermediate level price theory or microeconomics course. The author is right when he says beginning students should find it easy to grasp and advanced students will find the material challenging and thought provoking. The portion devoted to a review of elementary topics is small, and I would not recommend this book as an introduction to economics. Any undergraduate who encounters this book should breathe a sigh of relief - it is definitely one of the better texts in the subject. Instructors looking for a good textbook would do well to choose this one. The "study guide" that is sometimes packaged with the textbook is not entirely useful; the number of problems actually in the textbook should be more than sufficient. Overall, this is a great survey of price theory with Landsburg's signature examples and interesting applications. | ||
I agree! Excellent textbook! I recommend this book for some undergraduate student to take an intermediate microeconomics! Lucid explanation and some pictures are the finest.His another work, Armchair economist,is also nice. Randsburg did many good jobs! | ||
Excellent text I have only read two textbooks in my life that I would recommend to the public in general. This is one. If you have never studied economics, start here. Extremely readable. Note in particular the discussion on whether college should be outlawed (Chapter 9, "Knowledge and Information"), the tragic story of Treasury Bill #GS7-2-179-46-6606-1 (Chapter 17, "Allocating Goods over Time") and the Pigs-in-the-Box problem (Chapter 12, "Game Theory"). Don't succumb to the Nash equilibrium! Read Price Theory. | ||