Intermediate Microeconomics and Its Applications provides a clear and concise introduction to the ways in which economists study the operations of markets. This well-known author's signature is to provide a text that is accessible to the students, but still enables them to learn "the real thing." This text is appropriate for students who are taking a second level microeconomics course with an algebra focus.
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Walter Nicholson is the Ward H. Patton Emeritus Professor of Economics at Amherst College and a visiting professor at Ave Maria University, Naples, Florida. Over his teaching career, Professor Nicholson has sought to develop in students an appreciation for the value of economic models in the study of important social questions. He also has enjoyed showing students some of the stranger things that economists have sought to model. Nicholson received his PhD in economics from MIT. Most of his research is in the area of labor economics, especially policy questions related to unemployment.Review:
In my view, the applications are the strength of the text and the reasons why I use this particular text. The students like them too and often comment on them in class.
My overall opinion of the text is that is does a good job of addressing the concepts that I would like to see in an intermediate level text. I primarily like the way the text begins with a discussion of what economic models are, and then flows into the various models from there.
My overall impression is that Nicholson is the best text in the field. There are two themes in Nicholson. First, the text is a study of how economists study markets and, second, the text uses many applications to show the usefulness of the theory. He gets to the essential theory without elegant mathematical models. All of this is in keeping with my approach to the course.
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Book Description South-Western College Pub, 2003. Hardcover. Book Condition: New. Never used!. Bookseller Inventory # P110324171633