Synopses & Reviews
INTERMEDIATE MICROECONOMICS offers an exceptionally clear and concise introduction to the economic study of markets, focuses on managerial and algebraic approaches, includes relevant applications and strong examples, and gives you activities that allow you to learn by doing. Your purchase includes two time-saving resources: access to InfoTrac College Edition's online university library and online study tools through Economic Applications! With Economic Applications, you'll have online access to study guides and review materials that will help you succeed in the course. And with InfoTrac College Edition, you'll save time, save money--and eliminate the trek to the library. Log in and access a library of more than 5,000 academic and popular magazines, newspapers, and journals.
Review
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.
Synopsis
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.
About the Author
Walter Nicholson is the Ward H. Patton Professor of Economics at Amherst College. He received a B.A. in mathematics from Williams College and a Ph.D. in economics from MIT. Professor Nicholson's primary research interests are in the econometric analyses of labor market problems including welfare, unemployment, and the impact of international trade. He and his wife Susan live in Amherst, Massachusetts where present and past tuition bills continue to exhaust their meager resources.Christopher M. Snyder, Dartmouth College, received his B.A. in Economics and Mathematics from Fordham University, and his Ph.D. in Economics from the Massachusetts Institute of Technology. He was most recently on the faculty of George Washington University, and has been a visiting professor at the University of Chicago and M.I.T. He is the author of numerous articles in, among others, the Journal of Political Economy, Journal of Economic Theory, the Rand Journal of Economics, and the Journal of Industrial Economics. Professor Snyder is President of the Industrial Organization Society and Associate Editor of the International Journal of Industrial Organization and Review of Industrial Organization. He is married to Maura Doyle, also an economist; they have three daughters
Table of Contents
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.