Robert H. Frank, Amy Jocelyn Glass
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By: Mcgraw-Hill College
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Customer Reviews:
Total reviews: 8
Average rating: 4.0 of 5
Mathematical--no. Fascinating--yes! 5 out of 5 stars.
9 of 10 people found this review helpful.
It's rare to find a text as enjoyable to read as Frank's in any subject, let alone microeconomics. The reader looking for the standard calculus-based, mathematical approach to micro should look elsewhere (Jehle and Reny is a great place to start). That's simply not the point of this text--the point is to provide the insight behind the models, as well as to promote critical thinking about the shortcomings of the traditional assumptions economists make. This text, combined with Jehle and Reny if one desires rigor as well, provides FAR more than any other single or multiple text combination available.
Judgment, Choice and Rationality 5 out of 5 stars.
8 of 8 people found this review helpful.
As of late, microeconomic and macroeconomic theory has been incorporating social, psychological and social-psychological theory and concepts into the fold. This makes sense, for the quantification sans-psychology (social psychology) of analysis has been poor.This author is well-versed in this area and articulates well the concepts which are important. However, as my colleagues have stated, the book does leave much to be desired in the mathematical-sense.
I would highly recommend this book to anyone interested in Judgment, Choice and Rationality (defined).
This book should be included in undergraduate curriculum.
Five stars because it accomplishes what it was designed for (non-mathematical approach to microeconomics).
Regards,
Tyler Markowsky
Editorial Review:
This book covers the essential principles of microeconomics by exploring the relationship between economic analysis and human behavior. Its clear narrative appeals to students, and its numerous examples help students capture economic intuition. This book both introduces modern topics not often found in intermediate textbooks and encourages students to think like economists.