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eBook Microeconomics: An Intuitive Approach (with LiveGraphs Web Site Printed Access Card) (Upper Level Economics Titles) ePub

eBook Microeconomics: An Intuitive Approach (with LiveGraphs Web Site Printed Access Card) (Upper Level Economics Titles) ePub

by Thomas Nechyba

  • ISBN: 0538453265
  • Category: Business and Finance
  • Subcategory: Other
  • Author: Thomas Nechyba
  • Language: English
  • Publisher: Cengage Learning; 1 edition (February 2, 2010)
  • Pages: 800
  • ePub book: 1504 kb
  • Fb2 book: 1314 kb
  • Other: lrf docx lrf lit
  • Rating: 4.8
  • Votes: 842

Description

Is it more efficient to rent a car or take taxis while on vacation? How do coupons change demand? MICROECONOMICS: AN INTUITIVE APPROACH explains the economic theory underlying everyday choices in a fun and conversational way. The book includes access to online LiveGraphs -- a suite of interactive, animated graphs that allows you to view dimensional graphs and functions illustrated in the book, as well as some additional graphs that are not in the printed text. LiveGraphs and the Study Guide are accessible through the access code that is included with the purchase of a new text.

Comments

Xanna Xanna
This is an outstanding book. I have taught micro for over fifty years at all levels from principles to graduate courses, and courses for MBAs and sociologists and engineers. I believe that this is the best of the many intermediate/advanced texts, supplanting even my previous favorite Nicholson (now Snyder and Nicholson). Nechyba has significantly raised the bar for the competition.
Nechyba has cleverly provided two versions of his text. What I write applies largely to both versions but here I am concentrating on the "with calculus" version (henceforth MWC). Each chapter of MWC is in two parts . Part A is the material in the standard text and Part B is a mathematical treatment of the same material.
Nechyba's coverage of intermediate micro is conventional, both in terms of topics and the organization of the book (see Look Inside), except for chapter 29, which has a brief coverage of "Happiness" and chapter 30, which includes some topics in Public Choice theory.
One of the features that makes Nechyba's book outstanding is the clarity of his exposition. (It is not surprising that Nechyba has received a number of teaching awards). His prose is not elegant but it is very readable. The sentences are uncluttered with a minimum of dependent clauses. And the book has a much higher ratio of words to diagrams (and equations) than is usual at the intermediate level. Although some students may find the pace a little slow, all of his readers will benefit from the amount of space that he devotes to carefully explaining each topic. This book really does emphasize intuition and students will become better economists from studying it.
The book is essentially self contained since Nechyba does not assume that his readers have taken a principles course. I believe that this is a sensible approach since few students taking intermediate micro can remember much of the theory they studied in their principles courses. However, those students whose first exposure to economics is through an intermediate text need to look at the early chapters of a principles text where they will get a greater coverage of such fundamental economic concepts as opportunity cost, trade-offs, specialization, and comparative advantage.
Nechyba has attempted to make MWC mathematically self contained too. His online chapter 0 includes a review of simple algebra and basic univariate differential calculus. The rest of the math needed in the chapter's part Bs is developed in the body of the text. However, I think that anyone who plans to master the math will benefit from working through some of the chapters of, say, Chiang's (now Wainwright and Chiang) classic Fundamental Methods of Mathematical Economics, while reading Nechyba.
The thing that really separates Nechyba from the competition is his use of interactive graphics. Every diagram in the text has an interactive counter part on the web. This means that students can easily manipulate the diagrams by changing the parameter values, which gives them a much better intuitive feel for how the theory works. I hope that the next generation of economics texts will follow Nechyba's example and provide online interactive versions of their diagrams.
Nechyba's pages are uncluttered without the usual side-bars and the useless photographs that are a common feature of economics textbooks. Instead, Nechyba has a superb set of end of chapter multi-part exercises for both the A and B sections, some of which have solutions in the online Study Guide. These very interesting and well thought out exercises are classified as everyday, policy and business applications and are flagged when they are conceptually difficult or involve a lot of computation.
Some graduate students might benefit from reading Nechyba in order to get some intuitive feel for the economics as they wade through their first graduate micro courses, which are often introductions to real analysis with economic applications.
This book should become the template from which future intermediate textbooks are crafted.
Kulalbine Kulalbine
This is one of the few textbooks I have ever owned that I actually enjoyed reading. The author actually has personality and uses silly but relatable examples to teach concepts.
Yllk Yllk
This is a wonderful book. A useful intermediate step between intermediate level courses and more advanced microeconomic analysis. The treatment of mathematical aspect is accesible with just a basic knowledge of calculus. Very good purchase.
Saintrius Saintrius
bought Microeconomics in Good Condition and thrilled to find out that it was in very good condition, no marks or highlights. and you can't beat the price!
Whitebeard Whitebeard
Through studying/TAing economics I've seen basically every book their is- this is the worst. It's not completely awful but there are other books that are much easier for students and have better practice problems. Wouldn't recommend it.
Rainbearer Rainbearer
Some water stains
Sagda Sagda
I like the book, but there is no study guide with it.
The book is good enough, I suppose. It's got more damage than was advertised when I bought it though. The cover is coming off