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Microeconomics (7th Edition) Hardcover – Jun 11 2008

5.0 out of 5 stars 1 customer review

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Product Details

  • Hardcover: 768 pages
  • Publisher: Prentice Hall; 7 edition (June 11 2008)
  • Language: English
  • ISBN-10: 0132080230
  • ISBN-13: 978-0132080231
  • Product Dimensions: 19.5 x 2.9 x 23.5 cm
  • Shipping Weight: 1.6 Kg
  • Average Customer Review: 5.0 out of 5 stars 1 customer review
  • Amazon Bestsellers Rank: #169,648 in Books (See Top 100 in Books)
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Top Customer Reviews

Format: Hardcover Verified Purchase
the quality of this book is good and clean, almost new. NO scribbles. it deserves its price. I like it
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Most Helpful Customer Reviews on (beta) 3.8 out of 5 stars 59 reviews
7 of 8 people found the following review helpful
4.0 out of 5 stars Excellent text. Not so much in Kindle form Sept. 26 2010
By Hugh Sansom - Published on
Format: Kindle Edition Verified Purchase
I have used this text -- Pindyck/Rubenfeld -- at the professional/graduate school level (that is, not PhD track in economics, but to provide the econ foundation to public policy and work of that sort).

It's an excellent, thorough text. The writing is not as engaging as Mankiw and Pindyck is more math-intensive (which I think is a good thing). Pindyck is, I think, more thorough than Mankiw. And Mankiw most definitely has a distinctly conservative political bent. Most of the excerpt writers in the book are very conservative (George Will, Jeff Jacoby). A handful of liberals are offered -- just a handful (Krugman). And Mankiw's characterization of a number of issues is conservative.

By contrast, Pindyck/Rubenfeld is far better balanced and far more rigorous.

The catch with the Kindle edition is that nearly all of the great layout and typesetting of the print edition is gone. Simple things like paragraph indents are gone, making straight reading more difficult. Type treatment (head/subhead, sans-serif, serif) is mostly gone. Color treatments to aid navigation of the text is gone.

So why does the Kindle edition cost $90 when the full print edition costs $135? 67% of the cost for 45% of the quality? $90 is a lot to spend just for the convenience of not carrying a large physical book. There are points where the absence of the print edition's formatting several hampers reading and clarity. Why? File size? And the fact that the Kindle is black and white?
2 of 4 people found the following review helpful
4.0 out of 5 stars Good intro to the subject, not for in-depth analysis Sept. 22 2008
By Xi-yong Fu - Published on
Format: Hardcover Verified Purchase
I used the 6th Edition in my executive MBA class at Wharton. It is a good book if you are looking for an introductory level description of the subject. The authors did a great job explaining the intuitions behind the concepts and effectively used graphs as an illustration tool. Authors took the effort to link key definitions back to where they were first introduced throughout the book. I found it very useful, whenever I am not so sure about the definition, I could easily go back to the original discussion to remind myself. The cases used in the book help to ground the theoretical discussions in economical reality. I enjoyed most of them.
However, this book is not for readers looking for advanced rigorous treatment of the subject. The mathematical treatment is very basic -- no differential equation is used in the analysis. All of the supply and demand curves are assumed to be linear. These choices do not necessarily represent a comprmise in learning as long as the readers know what the book has to offered.
17 of 19 people found the following review helpful
4.0 out of 5 stars Not the same as the International Version Nov. 18 2009
By AnneC - Published on
Format: Hardcover
I want to warn anyone buying the international version that the problems are different from the US version.
Also, some of the notation is different (ex. rupees instead of dollars) and some of the examples are different.
If you don't have problems assigned from the book, the international version will work fine.
Many sellers claim that the editions are exactly the same, but they are not!
7 of 7 people found the following review helpful
3.0 out of 5 stars Adequate discussion of microeconomics, but lacking the mathematics to back it up Aug. 1 2011
By D. Chen - Published on
Format: Hardcover Verified Purchase
Although this book has plenty of examples and descriptions suitable for any undergraduate level microeconomics course, I personally struggled with the lack of math in the book. For the most part, the book lacks any mention of calculus at all, which is essential when discussing something like elasticity or optimization. When it does appear, subjects like partial derivatives or Laplace transforms are relegated to a short addendum at the end of the chapter, glossed over in a fashion that would make it difficult for anyone but math majors to understand what the author is talking about.
30 of 32 people found the following review helpful
2.0 out of 5 stars Gaps in conceptual explanations: not for the intelligent reader Sept. 20 2008
By Agyaat - Published on
Format: Hardcover
I currently use this book to teach at the University of Michigan. (I chose it because it's what has been used here before.) The book is written in an accessible, reader-friendly style. It has many examples and pictures, which make it attractive -- a feature, I suppose, that is necessary to hold an undergrad's attention in these times we live in.

But what annoys me is the absence of conceptual rigor/detail and the sudden jumps in explanation. I want my students to be able to see what is going on and appreciate the simple elegant logic of microeconomic theory. Instead the book reads like it's delivering information to you, but isn't really explaining why it makes sense.

Here's an example. In Section 4.2 on Income and Substitution Effects, the effect of a price change is decomposed into income and substitution effects using constant utility. But as many of us know, there's an alternative way to do this too, which is holding purchasing power constant. For some reason that approach isn't mentioned. Instead, the text reads as though we were interested in the constant purchasing power approach, but then suddenly switches to a constant utility approach by saying "This substitution is marked by a movement along an indifference curve." But why? Wouldn't any intelligent student at this point start wondering how we went from purchasing power to utility? Flip back to Section 4.1 and find that the word utility has been quietly introduced there in a sentence that's in parentheses: "(Because the price of food has risen, the consumer's purchasing power -- and thus attainable utility -- has fallen.)"

Pooh. I don't like books that sneak important ideas into parentheses in order to avoid answering the all important question -- i.e. "Why?"