Microeconomics (5th Edition) Hardcover – Jul 27 2000
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From the Back Cover
This well-received book is a market leader in the field of Microeconomics, and demonstrates how microeconomics can be used as a tool for both managerial and public-policy decision making. Clear writing style and graphs compliment the integrated use of current, real world industry examples throughout the book. It emphasizes relevance and application to cover modern topics—such as Game Theory and economics of information—and examples—such as United States v. Microsoft, pricing cellular phone service, and Internet auctions. Coverage of other up-to-date issues includes supply and demand, cost, consumer behavior, individual and market demand, market failure, and the role of government. For individuals with an interest in economics, microeconomic theory, and price theory.
About the Author
ROBERT S. PINDYCK is the Mitsubishi Bank Professor in Economics and Finance in the Sloan School of Management at M.I.T. He is also a Research Associate of the National Bureau of Economic Research, and a Fellow of the Econometric Society, and has been a Visiting Professor of Economics at Tel-Aviv University. He received his Ph.D. in Economics from M.I.T. in 1971. Professor Pindyck's research and writing have covered a variety of topics in micro economics and industrial organization, including the effects of uncertainty on firm behavior and market structure, determinants of market power, the behavior of natural resource, commodity, and financial markets, and criteria for investment decisions. He has been a consultant to a number of public and private organizations, and is currently co-editor of The Review of Economics and Statistics. He is also the co-author with Daniel Rubinfield of Econometric Models and Economic Forecasts, a best-selling textbook that may or may not be turned into a feature film.
DANIEL L. RUBINFELD is Robert L. Bridges Professor of Law and Professor of Economics at the University of California, Berkeley. He taught previously at Suffolk University, Wellesley College, and the University of Michigan, and served from June 1997 through December 1998 as Deputy Assistant Attorney General for Antitrust in the U.S. Department of Justice. He has been a Fellow at the National Bureau of Economic Research, the Center for Advanced Study in the Behavioral Sciences, and the John Simon Guggenheim Foundation. He received a BA in mathematics from Princeton University in 1967 and a Ph.D. in Economics from M.I.T. in 1972. Professor Rubinfeld is the author of a variety of articles relating to competition policy, law and economics, law and statistics, and public economics. He is currently co-editor of the International Review of Law and Economics, and has served as Associate Dean and Chair of the Jurisprudence and Social Policy Program at Berkeley from 1987-1990 and 1999-2000. He is the co-author (with Robert Pindyck) of Econometric Models and Economic Forecasts, and expects to play the lead in the film version of the book.
Top Customer Reviews
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.Read more ›
Most recent customer reviews
The book is clearly written, however, I found that it is to simple and somewhat weak as a intermediate level text. Read morePublished on Jan. 25 2004
Economics is a fasting growing and fast going subject! This book is wonderful and great! As has mentioned by previous reviewers. Read morePublished on Sept. 28 2003
Although long, the book has very good quality material. Exercises are appropriate and cover all material. Read morePublished on Dec 7 2001 by Pedro Pierri