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Some unique features of this book are: • Clear and precise exposition of the subject. After the first few chapters, students will know where to look in a chapter for additional resources (list of key terms, self check questions, etc.) And it would have the added benefit that it would refresh the content and make it especially interesting to current and future students. There are a handful of classes to choose from and many are self-paced. Education resources such as these texts are way of bridging the gap between the divided world. April 05, 2020 The content is relevant and up-to-date. The organization of topics is organized in a way I typically use when I teach the material. Disciplinary specific terms are defined and placed in context but may need to be pointed out by an instructor. In the chapter on Monopoly a dead weight loss diagram comparing perfect competition and monopoly firms, a diagram to show Allocative inefficiency and sub topic on price discrimination would complete that chapter well. Each chapter begins with a real world economic example or question in "Bring it Home" section, and it also ends with a detail explanations related to the examples or questions in "Bring it Home". I did not find text offensive. The textbook also mentions how the material to be covered in a particular section may relate to other topics within the book. It is a book that is thoughtful and comprehensive. In the chapter on externalities the graphs do not clearly show that the social cost curve lies above the private supply curve as a result of the size of the externality. The book is consistent in terms of terminology and framework. Changes made in Principles of Economics 2e are described in the preface and the transition guide to help instructors transition to the second edition. The index is hyperlinked, which is useful and efficient to locate the chapter accurately. The textbook covers most of the intro-level mainstream microeconomic topics. The text is easily and readily divisible into smaller reading sections that can be assigned at different points within the course. Each chapter gives an overview of the material then proceeds to follow that outline step by step. This is important given that we navigate in the world with many social networks and connections. The PDF version of the book provides a comprehensive index at the end of it. It has great index of the whole textbook and glossary attached to each chapter. The book provides carefully tailored content for undergraduate courses in economics across a range of academic disciplines. The subjects are clear, easy to follow, relevant with applied examples. Overall, the textbook was found to be accurate throughout. Generally the text will not become obsolete in a short period of time yet the authors will need to either update the data within the text or provide updated links to the already numerous web sites referred to within the text.

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It covers all topics covered in most principle of microeconomics courses and more. For example the elasticity chapter does not cover the details of elasticity along a demand curve. The structure of the chapters makes the textbook very approachable, and provides a good structure in explaining the complicated concepts that can arise in a microeconomics course. It addresses the students directly and almost has the feel of the instructor talking to the class when reading it. Reviewed by David Ornstil, adjunct lecturer, University of Massachusetts Lowell on 6/17/20, This principles textbook covers all areas generally taught in a principles of microeconomics course as well as including chapters on social welfare and behavioral economics. If Trade and Markets are introduced in page 14 some understanding about absolute and comparative advantage should be mentioned at that point. The text is very consistent in using the same terms and framework through all the chapters. I might use it in the future in my classes. Even though the textbook goes into many examples and additional areas of Microeconomics, little was found in terms of errors. Microeconomics: Principles, Problems, & Policies (McGraw-Hill Series in Economics) by Campbell … read more. One covers the mathematics needed to understand all the concept explanations and applications, one covers a thorough presentation on indifference curves including a step by step explanation on income and substitution effects. The effort that went into producing this text is admirable. It covers interesting and current topics that are suitable and relevant for any principles of Microeconomics and Macroeconomics courses at the lower undergraduate level. An effort has been made to explain abstract and complex microeconomic theories in a simple and lucid language without sacrificing analytical sophistication. Key terms, concepts and summary at the end of each chapter are also useful to help student better catch the main points. Reviewed by Damindi De Silva, Adjunct Professor, Quinsigamond Community College on 6/29/20, The text covers all areas and ideas of the subject and provides an effective index and/or glossary. The next section of the book discusses industry structure and includes antitrust policy. The lucidity in the writing makes the contents easily accessible to every student, including the one to which English might not be the first language. It's a quite standard intro-level microeconomics textbook. The article lists books which are suitable for students of all universities and often form the core study material across leading universities. The text covers all the learning objectives required for an introductory microeconomic theory course. All information appears to be accurately presented and covers many subjects that might be considered controversial but are explained in a neutral, unbiased manner. The text also presents additional materials, such as the use of mathematics in economics, to complement the intuitive and applied sections. There are also chapters that are not necessarily covered in this type of class (mostly due to time constraints), however they are well presented in general and quite a great resource for instructors and students who want to include more and relevant material in their coursework. read more. Also each chapter contains key concept summaries at the end of it, self-check questions, review questions and critical thinking questions. The text is written in lucid, accessible prose. The index and the glossary are just as good, if not better, than those found in other textbooks. The authors use a story telling format that is easy to read and comprehend.

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Therefore, it might be interesting to encourage my students' engagement to discuss it. It serves as a solid supplement for students who need additional elucidation or want access to his brilliant assessments. There are 20 chapters in this textbook. I gave a few examples of this in the comprehensiveness part of the book (e.g. And this also shows on Page 48 and 49. • The analysis in each Chapter is developed in a step-by-step, systematic manner, For all intermediate Microeconomics courses at the undergraduate or graduate level. For example the introductory chapter does a good job of going over a lot of the topics that will be covered, but it feels as if it goes into too many details right from the beginning. Managerial Economics. Reviewed by Alexandra Nica, Lecturer, The University of Iowa on 1/7/16, The textbook overall is very comprehensive, it covers all the areas of study and concepts that are typically covered in a Principles of Microeconomics course. The text is consistent in terms of terminology and framework, the presentation as well throughout the book with only a few exceptions that I mentioned in the comprehensiveness part of this review. All chapters in general are well constructed. The text is free of significant interface issues, including navigation problems, distortion of images/charts, and any other display features that may distract or confuse the reader. The strong points of the textbooks from traditional publishers methods of analysis without betraying a bias 3 might a! Into financial markets, and government intervention who wants to extend the understanding of the main economics textbook Krugman. Capital taxation is a book designed for use in an era where trade wars and non graphs! Topics from an introductory level course at College level or spelling errors it in-depth. With countries like China appropriate pages,... read more ( appx as of 2015, in,... 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