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Principles of Microeconomics-Study Guide

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This listing is for the study guide to accompany "Principles of Microeconomics" 3rd edition.

256 pages, Paperback

First published January 1, 1994

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About the author

Robert H. Frank

94 books176 followers
Robert H. Frank is the Henrietta Johnson Louis Professor of Management and a Professor of Economics at Cornell University's S.C. Johnson Graduate School of Management. He contributes to the "Economic View" column, which appears every fifth Sunday in The New York Times.

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5 stars
31 (25%)
4 stars
35 (28%)
3 stars
35 (28%)
2 stars
13 (10%)
1 star
8 (6%)
Displaying 1 - 8 of 8 reviews
Profile Image for Brandon Meredith.
105 reviews15 followers
October 20, 2011
I read a bunch of this book in bits and pieces and learned a ton (go ahead, ask me for three ways to calculate GDP). Who knew that Ben Bernanke was such a good writer? If you want to know why flooding the market with cash after a financial crisis is much less frightening than doing the contrary, read the concise and interesting section on monetary policy. I'm sure I'll pick it up again in the future.
Profile Image for Gia.
37 reviews5 followers
May 21, 2010
Everyone should study Microeconomics! You'll have a deeper understanding of business and politics by knowing economics. My personal favorites are: Cost/Benefit Analysis, Elasticity, Scarcity Principle and calculating Economic Profit. Thought the book should have spent more time however on Economies of Scale.
62 reviews
May 16, 2020
Read it for a student I was teaching, surprisingly good at explaining some ideas without crowding it out with too many numbers.

I haven't figured out yet whether it is better to instruct a student better through teaching them the actual calculations process primarily with the material or just focusing on the theory behind it. It's certainly easier for me because I'm terrible with numbers, but for others, i'm not sure. They definietly each have their own advantages. If you're looking to teach a student, this is pretty good at covering the general concepts of econ. And it's a pretty big name so I suppose there's an added incentive in learning about public economists.

That being said, some of the examples it teaches use really simplistic rational actor models of economics, which makes the writers personal positions fairly clear. This is cleared up if one takes an economics course past econ 101, but otherwise, it can be pretty misleading [as in, there are more debates on the points then originally contended].
Profile Image for Aysha Ross.
129 reviews3 followers
February 17, 2021
This book is a great introduction to economics and how it relates to policy.
Profile Image for Patricia.
87 reviews
October 24, 2009
This is a nice, straightforward guide to the material. A little hokey and heartless at times, but I expect nothing less of an economics textbook. The examples are good and the cartoons are groan-worthy.
5 reviews1 follower
June 5, 2013
It has some good excersises that not a lot of teachers explain so its good for extra studying material
Displaying 1 - 8 of 8 reviews

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