Principles of Microeconomics [with MyEconLab & eText Student Access Code Card]

by Karl E. Case, Ray C. Fair, Sharon M. Oster

For the one semester principles of microeconomics course.
Reviewers tell us that Case/Fair is one of the all-time bestselling POE texts because they trust it to be clear, thorough and complete. 0132744902 / 9780132744904 Principles of Microeconomics plus MyEconLab with Pearson Etext Student Access Code Card Package Package consists of 0131388851 / 9780131388857 Principles of 0132745437 / 9780132745437 MyEconLab with Pearson eText -- Access Card -- for Principles of Microeconomics

Genres: Economics, Nonfiction, Textbooks, Business, School

471 pages, Unknown Binding

First published January 1, 1989

Reviews

[Phillip · Rating 3 out of 5]

It's a macroeconomics textbook. They do a pretty good job of laying out basic principles in an accessible way. There are two things I do really like, but I also have some issues with this text. The things I like are that the text constructs and then builds on foundations, and that it emphasizes the element of choice in economics. In order to illustrate principles while also making them accessible, the book begins by imagining a simple economy, and as the text progresses they add more and more variables to provide an increasingly complex picture. This is a good way of working from basic, simple concepts up. The other thing this books does is continually repeat that economics is about the choices that people make. This is important because some economic theories--especially Chicago School neoliberalism--tend to rely almost exclusively on economic theory, with the fundamental assumption that all human activity is a market seeking equilibrium. But this doesn't always conform to the reality of the world.

One issue I have with the book is that there are some moments where the author's seem to take a conservative position, which I find problematic both because of my own ideology and because it misrepresents the reality of some issues. For instance, in the section on minimum wage, the authors claim that the primary group which would be effected by a minimum wage increase would be teenagers who would lose job opportunities. This statement completely ignores that the majority of people working for minimum wage in this country are not teenagers trying to get some extra money for video games and comic books and makeup. The majority are adults, often supporting families, often working multiple jobs, trying to support families in many cases on wages that aren't sufficient to do so.

[Iralia Figueroa]

I only read few chapters because it was how the professor taught his class. Learned to calculate GDP and some more things.

[MC · Rating 3 out of 5]

The book did a great job at explaining the different problems and concepts. Towards the later half however it seems to be lacking in its description of how to use the graphs.

[Owlseyes]

It's all over the news, I mean, the word "recession". Who's to blame? Will it impact on the 2020 Presidential election?

I am sure Bill Maher is happy about it, because he said some time ago recession was "worth it", ...if Trump loses the 2020 election.

Moreover, we know Germany is "on the brink of recession". I read also, UK and Italy, "are on the verge" of recession.

And yet: "No, I don't see a recession," says President Trump's top economic adviser, after last week's financial markets drop.
----
25 days ago I had written the previous lines. Now we have the reassuring take by the IMF: “The trade tensions are weighing on growth. But we really don’t see recession in the current baseline. I think we’re far from that,” said the IMF official, who is familiar with the preparation of the outlook."
In: https://www.reuters.com/article/us-im...

Yet, I wonder. The prospect of negative interest rates in the USA makes me wonder. Not only that.

But maybe it all depends on what's being said ("narratives") about the economy, as Robert Shiller points out.
https://www.nytimes.com/column/econom...

[Don · Rating 5 out of 5]

It's rare to say this, but I think this book was informative enough and written so well that I would actually consider reading this even if it weren't required for my MBA classes. Lots of real world examples and actual relevant insight into how a large scale economy works. Great series of books, loved their Microeconomics book as well.

[Jessica · Rating 1 out of 5]

I didn't enjoy the class or the textbook. I think that the subject of macroeconomics could have been interesting, but I found this book so dry that I could only read a few pages in one sitting. A lot of the graphs and charts were helpful though.

[Don · Rating 5 out of 5]

For a college textbook, this is actually very well written and interesting. The way they present the material is compelling with lots of real world examples. This was a pleasant surprise. So, one text down and we're only halfway through the class. Moving on to the Macro book next.

[Chidi]

One of the best Macro Economics books around

[Travis · Rating 4 out of 5]

College text!

[Raghawa Brahmjeet]

N

[Ãmởñë Jắllắd]

,

[Vermashabnam404gmail.Com · Rating 3 out of 5]

awesome book

[Sarath]

kuddyma

[Benjamin Hill · Rating 1 out of 5]

Just the fact that it comes with MyEconLab is enough to give this book 1 star.

[Diana Valdivia-Rodriguez · Rating 4 out of 5]

This book is about an introduction to microeconomics and how firms work on a economic system.

[Pallavi Chauhan]

That's a cool book

[Fatima]

6th edition