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Microeconomics
Microeconomics

Paperback
Author: Paul Krugman, Robin Wells
Publisher: Worth Publishers
Release Date: 2004-10-22
ISBN-10: 0716752298
ISBN-13: 9780716752295
List Price: $108.67
Average Customer Rating:
Score = 3.0 Score = 3.0 Score = 3.0 Score = 3.0 Score = 3.0
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Summaries and Customer Reviews are supplied by Amazon.com

Summary:
Krugman/Wells takes a story-driven approach that focuses on real-world economics at work. The book offers the hallmark clarity and engaging writing style that distinguish Paul Krugman’s work, from his best-selling international economics text to his New York Times best-sellers. In just one year, Microeconomics has become a leading book and has met with unparalleled student and instructor praise.


Customer Reviews
Average Customer Rating: Score = 3.0 Score = 3.0 Score = 3.0 Score = 3.0 Score = 3.0

first order
Customer Rating:  Score = 3 Score = 3 Score = 3 Score = 3 Score = 3
It took several days until I get it, but the book was clean and I was satisfied.

"Split," NOT "Excerpt": An Excellent Micro Text
Customer Rating:  Score = 5 Score = 5 Score = 5 Score = 5 Score = 5
Samuel Weber's review implies this book is an excerpt; it's not. Microeconomics and macroeconomics are completely different subjects; the courses share only a few introductory chapters (e.g., supply and demand; production possibilities).

Since they're different subjects, in most universities, they're taught by different professors, and students DON'T have the luxury of buying the big "Economics" book and having it last for two courses. I use K/W for micro; I think only one fellow prof uses K/W for macro.

So Mr. Weber's comment is no more true for this book than any other mainstream text.

Some good features of this book:
(1) a separate chapter on decision-making, differentiating discrete from marginal (yes/no from "how much") choice;
(2)choice under uncertainty, including discussion of risk tolerance and insurance;
(3) situations when buyers know more about the product than sellers, or vice versa (issues: "lemons," supervision of workers, warranties);
(4) a chapter on the economics of technology;
(5) interesting stories to start each chapter (such as London's pre-sewer "Great Stink of 1858")
(6) a mainstream focus in spite of Krugman's role as a political/econ

Probably great, but excerpt from larger book
Customer Rating:  Score = 1 Score = 1 Score = 1 Score = 1 Score = 1
This is probably a very, very good book. However, it turns out that this is simply one-half of the authors' book "Economics" and, currently, the complete book seems to sell for about the same price as this one piece of it! So, be economical -- buy "Economics" instead.

























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