- Hardcover: 752 pages
- Publisher: John Wiley & Sons; 2nd Edition edition (25 Jan 2005)
- Language English
- ISBN-10: 0471457698
- ISBN-13: 978-0471457695
- Product Dimensions: 25.7 x 20.1 x 3 cm
- Average Customer Review: 5.0 out of 5 stars See all reviews (1 customer review)
- Amazon Bestsellers Rank: 474,445 in Books (See Top 100 in Books)
- See Complete Table of Contents
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Product Description
Product Description
This second edition of Microeconomics is filled with learning–by–doing problems that give students a chance to make economics their own. These fully worked–out problems provide a step–by–step road map to help students solve numerical problems. Each problem correlates to similar practice problems at the end of each chapter. In addition, the authors include many extensive real–world examples in the text. These examples are contemporary applications of the theory and are longer and more extensive to show the evolution of the example. Each chapter opens with an example to draw readers into the topic.
From the Back Cover
The solution is in the problems
The ability to recognize patterns, trends, and significant data is second nature to economists – but you need to be trained to see these patterns through careful explanation, real–world examples, and a lot of problems. If you want to really understand microeconomics and to be able to interpret real–life markets, the solution lies in the process of working through problems and making discoveries. That’s why hands–on problem solving plays such an essential role in Besanko and Braeutigam’s Microeconomics, 2nd Edition.
Learning–by–Doing problems show you how it’s done.
Each chapter features a number of worked examples that provide a step–by–step roadmap for setting up and solving numerical problems. Each Learning–by–Doing problem correlates to similar practice problems at the end of the chapter.
End–of–chapter problems provide many opportunities to practice.
This Second Edition features many new problems (for a total of 20–25 problems per chapter). The problems range in level from easy to challenging and allow you to see the same topic from multiple angles. Fully worked solutions to a selection of these problems are included at the end of the text.
Extensive real–world applications make microeconomics relevant.
This edition features more than 100 applications throughout the book. These contemporary applications are all drawn from current events or recent microeconomics research, and make the abstract theory come alive.
Inside This Book
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First Sentence
During the technology bubble of the late 1990s, new start-ups and established companies invested billions of dollars to exploit new opportunities created by the Internet. Read the first page
Front Cover | Copyright | Table of Contents | Excerpt | Index | Back Cover
During the technology bubble of the late 1990s, new start-ups and established companies invested billions of dollars to exploit new opportunities created by the Internet. Read the first page
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Front Cover | Copyright | Table of Contents | Excerpt | Index | Back Cover
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Customer Reviews
Most Helpful Customer Reviews
8 of 8 people found the following review helpful
Format:Hardcover
Microeconomics is a excellent introductory microeconomics text that assumes no prior knowledge of economics.
The author deals with all the standard introductory microeconomic topics such as consumer choice/demand and industry structure as well as more exotic topics such as risk and information or game theory. The text is very readable and all of the mathematics is clearly explained and if you need more help there is a useful mathematics refresher in the back.
The books real strength lies in the "application" boxes throughout the text. With many introductory economics text one gets much theory but is left wondering if the abstract production functions and cost curves in microeconomics have any place in the real world. Mr. Besanko uses empirical economic research and examples to illustrate how the theory contained in the book both accurately describes the real world and to show how it is applied.
My only faults with the book are that it does not have a further reading section, although the papers the "application" sections are written from are referenced and that it can be a bit light on mathematical rigor at times. However that can be forgiven as it is an introductory text and it is perhaps not necessary for a first taste.
Overall I highly recommend the book to any beginner/intermediate microeconomics students. Mr. Besanko has produced an outstanding textbook with up-to-date and relevant examples.
The author deals with all the standard introductory microeconomic topics such as consumer choice/demand and industry structure as well as more exotic topics such as risk and information or game theory. The text is very readable and all of the mathematics is clearly explained and if you need more help there is a useful mathematics refresher in the back.
The books real strength lies in the "application" boxes throughout the text. With many introductory economics text one gets much theory but is left wondering if the abstract production functions and cost curves in microeconomics have any place in the real world. Mr. Besanko uses empirical economic research and examples to illustrate how the theory contained in the book both accurately describes the real world and to show how it is applied.
My only faults with the book are that it does not have a further reading section, although the papers the "application" sections are written from are referenced and that it can be a bit light on mathematical rigor at times. However that can be forgiven as it is an introductory text and it is perhaps not necessary for a first taste.
Overall I highly recommend the book to any beginner/intermediate microeconomics students. Mr. Besanko has produced an outstanding textbook with up-to-date and relevant examples.
Most Helpful Customer Reviews on Amazon.com (beta)
Amazon.com:
6 reviews
1 of 1 people found the following review helpful
Perfect
29 July 2008
Format:Hardcover
These guys know what they're doing. Perfect blend of theory, technique, and application. The text flowed smoothly and the math difficulty level (mostly derivatives and partial derivatives) I felt was about right for intermediate econ. Economics is a difficult subject to write a text on, but they handled it well and I know now why my economics professor said it was the best book he had seen.
1 of 1 people found the following review helpful
strongly recommend
23 Mar 2008
Format:Hardcover|Amazon Verified Purchase
I'm an NU student bought this book as a reference . Must say this book has
Clear ideas with concise info
Besanko did another great job
great buy
Clear ideas with concise info
Besanko did another great job
great buy
It's OK
4 Feb 2011
Format:Hardcover|Amazon Verified Purchase
The book serves its purpose for the class I am taking...still not sure if the book explains poorly or the professor does...maybe a little of both.
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