Profile for andrew.s > Reviews

Personal Profile

Content by andrew.s
Top Reviewer Ranking: 311,959
Helpful Votes: 30

Learn more about Your Profile.

Reviews Written by
andrew.s (UK)

Show:  
Page: 1 | 2
pixel
Advanced Microeconomic Theory
Advanced Microeconomic Theory
by Geoffrey A. Jehle
Edition: Paperback
Price: £52.99

1 of 1 people found the following review helpful
4.0 out of 5 stars A perfect complement to MWG., 28 Oct 2012
Verified Purchase(What is this?)
In my MSc level micro course both this and MWG are core recommended texts.

Often MWG can seem overly complex and confusing in the presentation as it tries to include so much information onto one page. With diagrams, boxes, text and examples on one page MWG can often leave you confused unless you're very methodical in your approach when using it.

This text by Jehle on the other hand is similar in content, clear and concise in explanations, and just as mathematical if not more so. (Jehle has a greater focus on vector notation.)

I think it is the ideal complement to MWG for general equilibrium theory and game theory.

That said, it only gets 4 stars since MWG does contain more content and you cannot use it as a replacement, just a complement for the more confusing topics.


Essential Mathematics for Economic Analysis
Essential Mathematics for Economic Analysis
by Prof Knut Sydsaeter
Edition: Paperback

2 of 2 people found the following review helpful
5.0 out of 5 stars The perfect undergrad Maths for Econ textbook, 4 Aug 2012
In my opinion, this is the best Maths for Economics textbook available to undergraduates. It starts from the very basics of real numbers, addition, etc. but quickly moves onto more complex topics such as constrained optimization and matrix algebra. It covers every mathematical topic you'll need in your BSc Economics programme. Also it includes lots of worked out examples, making it great to learn from, and there are plenty of exercises for you to do so you can see if you understand the material properly. Other popular books are either too simplistic for a rigorous course (Renshaw, Jacques, or Pemberton), or simply confusing (Chiang). This is definitely the one to get!


Applied Economics
Applied Economics
by Mr Alan Griffiths
Edition: Paperback
Price: £53.19

3 of 3 people found the following review helpful
5.0 out of 5 stars A must read for all economics students., 21 July 2012
This review is from: Applied Economics (Paperback)
This is an excellent book for all undergraduate (and even postgrad) economics students. Far too often students complain how an economics programme is far too abstract mathematically and never do they see how what they are learning is actually applied in the real world. Well this text changes all that. It assumes knowledge of intermediate micro and macro as the core of this text is to expose how the theories are actually applied in the real world, hence case studies are used throughout the text.

Even if not included on your course, I would definitely recommend as summer reading after second year. At minimum it will give you an excellent idea for your dissertation, which more often than not is a piece of applied economics.


International Economics
International Economics
by Robert C. Feenstra
Edition: Hardcover
Price: £49.73

1 of 1 people found the following review helpful
5.0 out of 5 stars Finally, international economics makes sense!, 17 July 2012
Verified Purchase(What is this?)
It is no wonder why Robert Feenstra holds the C Bryan Cameron Distinguished Chair in International Economics at UC Davis. He's increasingly becoming a leader in the field of international economics, and this textbook is without a doubt the best I've read for undergraduate courses in international economics.

This textbook explains everything in a very clear and concise manner, and there are plenty of case studies and real-life examples to help you understand the theory being explained. The topics are well thought out, and each chapter follows on nicely.

The trade theory models covered are: Ricardian, Specific-Factors, Heckscher-Ohlin, Monopolstic Competition, the Gravity Model, and FDI/Migration models of trade. Also a model of Outsourcing/Off-shoring is covered.

It also has good chapters covering all the important aspects of trade policy: tariffs, subsidies, and trade agreements.

The section on exchange rates is the clearest I've come across in any textbook. First an introduction to foreign exchange is covered, followed by a long-run model (Monetary Approach), followed by a short-run model (Asset Approach), and finally a Unified Theory Approach which brings together both separate models.

Finally, in the Macro-Finance policy section it covered interesting and relevant topics on the Euro, financial/monetary crises, and current themes of research within Macro-Finance.

Definitely one of the best purchases I've made!


International Economics: International Version Plus MyEconLab Student Access Code: Theory and Policy
International Economics: International Version Plus MyEconLab Student Access Code: Theory and Policy
by Paul R. Krugman
Edition: Paperback

1.0 out of 5 stars Not worth the money!, 17 July 2012
Verified Purchase(What is this?)
Krugman may have won the Nobel Memorial Prize in Economic Sciences in 2008, and be a leading academic in the field of international economics, but this book is to be avoided.

The book is split into four parts: trade theory; trade policy; macro-finance principles; macro-finance case studies. Parts I and III focus on theory, whereas II and IV try and elucidate the theory by focusing on real-life examples of policy scenarios.

Part I: All the models are explained in a confusing and quite honestly ridiculous manner. How on earth can one explain the key trade models without using the framework of marginal products of labour/capital/land? It's impossible and Krugman just confuses everything by devoutly avoiding the marginal product concept. Further, by leaving out the Specific Factors model, he confuses further the Heckscher Ohlin model, as people are then unable to appreciate how both models are in fact the same - but one is for the long-run whereas the other for the short-run. Further, this omission leaves the chapter on migration and FDI totally pointless since he provides no analytical framework for one to study the effect of migration or FDI on trade flows in either the short- or long-run. In addition, the so-called Standard Trade model is just bizarre, and why have a chapter on Monopolistic Competition Trade Theory when the whole chapter is about how such a theory is unknown thus far, yet Krugman himself wrote a separate textbook solely on this (many years ago) and every other International Economics textbook contains a chapter with an actual model?! It's beyond me, really.

Part II: It's okay. The only part of the textbook worth it's weight in paper.

Part III: Again, overly confusing, and the ordering of chapters is bizarre to say the least. The student is left not knowing a thing from the asset approach or monetary approach of exchange rates.

Part IV: It's mediocre at best, but I did enjoy the discussion of the Japanese financial crisis and the theory of an OCA (even if covered briefly).

So, all in all, I regret buying this textbook. The BEST textbook on International Economics, covering everything in this textbook (and some) in a clear and concise manner is International Economics (Palgrave Imprint): International Edition - honestly, if you're covering international trade or macro-finance, go for Feesntra's textbook, you won't regret it!


Microeconomics
Microeconomics
by Hugh Gravelle
Edition: Paperback
Price: £55.99

1 of 1 people found the following review helpful
5.0 out of 5 stars A real alternative to Varian's Intermediate Microeconomics, 17 July 2012
This review is from: Microeconomics (Paperback)
The standard second/third year text seems to be Varian's Intermediate Microeconomics, but in all honesty I think this book is a much better alternative. It covers all of the content Varian does, and then some, and more importantly, in a much more thorough and rigorous mathematical manner.

Varian's text is good, and there's a reason that it is considered a standard text, but more often than not the actual material covered in class (and thus necessary for problem sets and exams) is above that in the textbook, hence the book provides more of a intuitive background to the situations covered rather than a mathematical treatment required for the exams.

With Gravelle and Rees, however, not only is all the intuition covered, but the treatment is also more mathematical with more examples and more exercises offered. The biggest advantage of this text over Varian's is that this provides a real bridging of the gap between undergraduate and postgraduate microeconomics.

The standard set text for pretty much every university at a graduate level is Microeconomic Theory by Mas-Colell et al., but Varian's Intermediate Microeconomics is a step below this text, which is just below Mas-Colell et al.'s text.

If anything, Varian's Intermediate Microeconomics is probably the perfect text for first year, whereas this is ideal for second/third year, and then you can progress nicely onto Mas-Colell et al. for your graduate microeconomic theory needs.


The Armchair Economist: Economics and Everyday Life
The Armchair Economist: Economics and Everyday Life
by Steven E. Landsburg
Edition: Paperback
Price: £7.53

1 of 3 people found the following review helpful
5.0 out of 5 stars So elucidating it leaves you baffled., 1 Dec 2011
This is without a doubt the best pop-econ book I've read. It's clear, lucid, and thought provoking. Although I'm an economics student I still on occasion find it hard to apply all the theories I've learnt to real life yet this book seems to do it so easily. It has the strongest theoretical underpinning of all the books and is also the most fun to read in terms of writing style and examples used. Definitely worth a read if you're into economics.


Intermediate Microeconomics: A Modern Approach
Intermediate Microeconomics: A Modern Approach
by Hal R Varian
Edition: Paperback
Price: £49.99

6 of 6 people found the following review helpful
5.0 out of 5 stars A recipe book for microeconomics, 21 April 2011
In my opinion this is an excellent first/second year undergraduate text. It is clear and concise, meaning you don't need to read through paragraphs and paragraphs to get to the point. It makes good use of diagrams which help elucidate the idea, and the mathematics used is appropriate - far too often other texts make automatic use of lagrangians when other simpler methods are equally valid. I've also used Microeconomics by Perloff and Microeconomics An Intuitive Approach with Calculus by Nechyba, and both were far too descriptive and either made no use of mathematics (Perloff) or relied too heavily on lagrangians (Nechyba). There is no other text for first/second years that is as ideal.


Statistical Inference, International Edition
Statistical Inference, International Edition
by George Casella
Edition: Paperback
Price: £61.61

4 of 4 people found the following review helpful
5.0 out of 5 stars A 'bible' of sorts., 8 Mar 2010
Statistical Inference by Casella is without doubt a classic when it comes to statistical theory. Whether you're an undergraduate or postgraduate, if you're covering statistical theory, this is the book for you.

The explanations and definitions are succinct without leaving out any of the important stuff. Additionally, the proofs and multiple examples make understanding so much more concrete.

I had always shied away from this text as many say it's an advanced graduate text and far too hard for what it's worth. Those people couldn't be more wrong! It is a hefty book and quite advanced, and if you majored in statistics, you'd be using it throughout your degree, but nonetheless it's a bible of sorts.

I've replaced all my other statistics texts with this one.

As an aside, if I had to find one fault with this text, it would be that it's chapter on regression is quite weak and doesn't make use of matrices (despite them being used elsewhere). That said, it's still more intuitive than other texts.


Economics
Economics
by Richard Lipsey
Edition: Paperback

4 of 6 people found the following review helpful
3.0 out of 5 stars Good for A-Level. Mediocre (at best) for university., 2 Jan 2010
This review is from: Economics (Paperback)
I primarily used this textbook for A-Level and found it alright. It contained more than was necessary for the A-Level syllabus, but what I needed was there and was explained thoroughly to an A-Level standard.

Fast-forward and it's university time. This text is primarily a university text and is advertised as such. The reality? It's unsuitable for university if you're studying Economics. It might be alright if you're doing Management or Engineering but taking one optional economics module, but if you're doing a BA/BSc Economics, then this book is useless.

It's not mathematical in the least. The content isn't concise or clear. It's extremely basic even for an introductory course. There aren't many questions. There aren't any answers to the few questions offered. The diagrams aren't clear or intuitive. This textbook is probably the worst available... it's confusing, lacks intuition, and lacks any mathematical basis. Honestly, who would buy/use this textbook?
Comment Comments (2) | Permalink | Most recent comment: May 2, 2012 6:28 PM BST


Page: 1 | 2