Microeconomics
Author: Michael L. Katz, Harvey S. Rosen
List Price: $90.00
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ISBN: 0256171769
Publisher: McGraw-Hill/Irwin (01 August, 1997)
Sales Rank: 252,247
Average Customer Rating: 2.71 out of 5
Customer Reviews
Rating: 2 out of 5
Lacks Links to Real World Economic Problems
I am currently enrolled in a Microeconomics course at Columbia University, and I do not find this book easy to read at all, the reason being that the author makes no effort to link microeconomic concepts to real world problems. I have found my Macroeconomics textbook to be immensely more interesting because the concepts relate immediately to social issues and real world economic problems. For students who choose to study economics because of its insights into real world problems, this text may become frustrating. I suggest that the authors more examples of microeconomics in the real world, such as the explanation of "President Carter's Gasoline Tax" on page 106. When economic theory is taught with no reference to the real world, it makes some students less interested in the subject. I intended to study economics with the goal of gaining insight into social welfare problems and understanding government policies. Learning ratios and equations that simply determine how much tacos or hamburgers Sarah wants to eat was demotivating. As a result, I am trudging through my textbook (and class) and starting to wonder if this subject is worth studying.
Rating: 2 out of 5
Stop referring to graphs & fig. that are on the next page!
It's so annoying to read about graphs and figures that appear on the next page. If the authors are going to cite these visual tools have them on the same page whenever possible. Of course it is unrealistic to expect that everytime but in the K&R book this occurred 90% of the times. It's annoying when you have to flip the pages. This annoyance knocked 3 stars from what would have been a 5-star rating. What's right about the text?
The economics is sound and the teaching is concise. Bravo in that regard.
Rating: 5 out of 5
Does the job it was written for
This is a very well written textbook. There are many textbooks out there on the markets and this one has been written with the beginning reader in mind. It is just too easy to scare the beginner with too-serious, too-academic dry language. Economics is fun to learn and the first textbook a student ever keeps in hand should make him interested, curious, wanting more and more, and of course, amused. The language of Katz and Rosen's textbook is by no means frivolous, but it is entertaining. They do not pull the rabbit out of the hat and startle the reader. Instead, they guide readers from familiar environment towards the unknown, always being down to earth and somehow, interestingly, economic theory sneaks in - in the meantime.The order of theory presentation and the structure of the book really facilitate learning. I have used this book with the introductory microeconomics course, along with a few other ones - just for a test. They all preferred this one so we stuck with it for the remainder of the course.
In the middle of the book one finds a transparency with a graph, which, when applied, shows the effects of some parameter change. Excellent idea, as the student can see dynamically what happens with the application. It's like a hand-operated video... It's a pity that there is only one such transparency.
In summary, recommended for most introductory courses in microeconomics. it will keep students interested and will not scare them at all. Why want anything more?
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