Price Theory and Applications - Hardcover

Landsburg, Steven

Hardcover

ISBN 10: 0324059795 ISBN 13: 9780324059793

Publisher: South-Western College Pub, 2001

Synopsis

Intermediate microeconomics is both fun and intellectually challenging in this new edition, written by the author of The Armchair Economist, the popular trade book that explains basic economics to the general public. The text provides an exceptionally friendly and application-rich presentation, combined with a rigorous and careful development of microeconomic theory. All of the standard topics of intermediate price theory are included, as well as innovative topics such as alternative normative criteria, efficient asset markets, contestable markets, antitrust law, human capital, and the demand for public goods. A unique unifying theme of social welfare is used with little higher-level mathematics.

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: 2001
• ISBN 10: 0324059795
• ISBN 13: 9780324059793
• Binding: Hardcover
• Edition number: 5
• Number of pages: 780