Price Theory and Applications

by Steven E. Landsburg

Written in the same humorous, reader-friendly style as Professor Landsburg's widely popular trade book, The Armchair Economist, the lively eighth edition of PRICE THEORY AND APPLICATIONS adopts an inductive, hands-on approach that enables students to learn economics by doing. And it requires no knowledge or use of calculus. Using a student-friendly, easy-to-understand format, the book thoroughly develops the standard concepts of intermediate price theory as well as timely, untraditional issues not found in many texts -- such as the economics of information. Social welfare is also highlighted as a unifying concept throughout. The book's rigorous, meticulous development of economic theory is supported by countless intriguing and entertaining exhibits, examples, numerical exercises, and problem sets integrated within the text and included at the end of chapters, giving students countless opportunities to test their comprehension of chapter concepts. With its highly interactive approach, t

Genres: Economics, Nonfiction, Reference, Textbooks

720 pages, Hardcover

First published January 1, 1988

Reviews

[loafingcactus · Rating 3 out of 5]

The book gets the job done. It is solid, understandable and complete and I have no complaints. However, reading it did make me want to poke my eye out with a stick- entertaining or even slightly engaging it is not.

[D · Rating 5 out of 5]

Just like the best educational books, each core idea is communicated through a variety of well-chosen examples, which are then followed by a solid set of review questions and problem sets to ensure you've grasped the material. It makes a potentially dry subject feel both accessible and logical.

[Ben Riddle · Rating 4 out of 5]

The section on Georgism was a completely uninformed attack on a straw man. Overall many interesting aspects and issues of economics.