Understanding Consumption (Clarendon Lectures in Economics)

Author: Angus Deaton
List Price: $29.95
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ISBN: 0198288247
Publisher: Oxford University Press (January, 1993)
Sales Rank: 224,316
Average Customer Rating: 4 out of 5

Customer Reviews

Rating: 4 out of 5
Elegant and clear
I found this book very interesting for 2 reasons. First, it is very clear and the technicalities are kept to a minimum (although a reasonable level of calculus and basic economic theory is advisable). Second, its originality lies in the fact that it relates microeconomic analysis of consumption and saving behavior with macroeconomic aggregates. It is a very good starting point for anybody willing to study life-cycle decisions by individuals. It conveys a lot of information in a dense but elegant way

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