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Paperback Microeconomics Book

ISBN: 1464143870

ISBN13: 9781464143878

Microeconomics

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Format: Paperback

Condition: Good

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Book Overview

When it comes to explaining fundamental economic principles by drawing on current economic issues and events, there is no one more effective than Nobel laureate and New York Times columnist Paul Krugman and co-author, Robin Wells. In this best-selling introductory textbook, Krugman and Wells' signature storytelling style and uncanny eye for revealing examples help readers understand how economic concepts play out in our world. This new edition is...

Customer Reviews

5 ratings

Just what I needed! :D

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Great purchase!

It was excellent. Price was great and it was delivered as what it's promised. Item was in good condition. Thank you.

Great

The book is detailed yet simple with plenty of examples. Excellent book for learning economics on an introductory level.

"Split," NOT "Excerpt": An Excellent Micro Text

Samuel Weber's review implies this book is an excerpt; it's not. Microeconomics and macroeconomics are completely different subjects; the courses share only a few introductory chapters (e.g., supply and demand; production possibilities). Since they're different subjects, in most universities, they're taught by different professors, and students DON'T have the luxury of buying the big "Economics" book and having it last for two courses. I use K/W for micro; I think only one fellow prof uses K/W for macro. So Mr. Weber's comment is no more true for this book than any other mainstream text. Some good features of this book: (1) a separate chapter on decision-making, differentiating discrete from marginal (yes/no from "how much") choice; (2)choice under uncertainty, including discussion of risk tolerance and insurance; (3) situations when buyers know more about the product than sellers, or vice versa (issues: "lemons," supervision of workers, warranties); (4) a chapter on the economics of technology; (5) interesting stories to start each chapter (such as London's pre-sewer "Great Stink of 1858") (6) a mainstream focus in spite of Krugman's role as a political/econ
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