Price Theory and Applications (with Economic Applications) - Hardcover

Steven E. Landsburg

Hardcover

ISBN 10: 0324274483 ISBN 13: 9780324274486

Publisher: South-Western College Pub, 2004

Synopsis

By the successful author of "The Armchair Economist" (a popular trade book that explains basic economics to the general public), this book makes intermediate microeconomics fun and intellectually challenging. The writing style provides an exceptionally friendly and application-rich presentation, combined with a rigorous and careful development of microeconomics theory. All of the standard topics of intermediate price theory are included, as well as many innovative topics, such as alternative normative criteria, efficient asset markets, contestable markets, antitrust law, human capital, demand for public goods, and more. A unique unifying theme of social welfare is used throughout. The inclusion of higher-level mathematics is minimal.

About this title

About the Author:

Steven E. Landsburg teaches economics at the University of Rochester. He is the author of six books, including The Armchair Economist (Free Press/Macmillan 1993). His articles have appeared in the Journal of Political Economy, the Journal of Economic Theory, and many other mathematics, economics and philosophy journals. He writes the monthly "Everyday Economics" column in Slate magazine, and has written for Forbes, the New York Times, the Wall Street Journal and the Washington Post. He appeared as a commentator on the PBS/Turner Broadcasting series "Damn Right," and has made over 200 radio and television appearances. He has served on the board of directors of Hutchinson Technology, the world's largest maker of suspension assemblies for hard disk drives. For more information about Professor Landsburg visit http://www.landsburg.com/about2.html.

Review:

Best of all, the book is very applied. Steve [Landsburg] views economic theory as an engine of analysis that is useful to the extent that it helps us understand the world...[Landsburg's] examples-his applications-are great.

They [my students] have very mixed backgrounds and Landsburg makes a good introduction at all levels. It handles the intuitive economic material, and allows one to develop more mathematical topics in a way that dovetails very naturally.... Landsburg's treatment and ordering of topics is logical, lucid, and hangs together well.

Overall, I think Landsburg's text is very well written, thorough, and full of extremely useful and insightful examples.

About this edition

• Publisher: South-Western College Pub
• Publication date: 2004
• ISBN 10: 0324274483
• ISBN 13: 9780324274486
• Binding: Hardcover
• Edition number: 6
• Number of pages: 733