Microeconomic Theory by Andreu Mas-Colell, Jerry Green, Michael D. Whinston

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Textbook (Hardcover - New Edition)

  • 1008pp
  • Sales Rank: 41,239

Textbook Information

  • ISBN-13: 9780195073409
  • Edition Description: New Edition
  • Edition Number: 1
  • Pub. Date: June 1995
  • Publisher: Oxford University Press, USA

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Product Details

  • Pub. Date: June 1995
  • Publisher: Oxford University Press, USA
  • Format: Textbook Hardcover, 1008pp
  • Sales Rank: 41,239

Synopsis

Many instructors of microeconomic theory have been waiting for a text that provides balanced and in-depth analysis of the essentials of microeconomics. Masterfully combining the results of years of teaching microeconomics at Harvard University, Andreu Mas-Colell, Michael Whinston, and Jerry Green have filled that conspicuous vacancy with their groundbreaking text, Microeconomic Theory.
The authors set out to create a solid organizational foundation upon which to build the effective teaching tool for microeconomic theory. The result presents unprecedented depth of coverage in all the essential topics, while allowing professors to "tailor-make" their course to suit personal priorities and style. Topics such as noncooperative game theory, information economics, mechanism design, and general equilibrium under uncertainty receive the attention that reflects their stature within the discipline. The authors devote an entire section to game theory alone, making it "free-standing" to allow instructors to return to it throughout the course when convenient. Discussion is clear, accessible, and engaging, enabling the student to gradually acquire confidence as well as proficiency. Extensive exercises within each chapter help students to hone their skills, while the text's appendix of terms, fully cross-referenced throughout the previous five sections, offers an accessible guide to the subject matter's terminology. Teachers of microeconomics need no longer rely upon scattered lecture notes to supplement their textbooks. Deftly written by three of the field's most influential scholars, Microeconomic Theory brings the readability, comprehensiveness, and versatility to the first-year graduateclassroom that has long been missing.

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Biography

Universitat Pompeu Fabra, Barcelona, Spain

Harvard University

Harvard University

Customer Reviews

Microeconomic Theoryby Anonymous

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February 02, 2008: This book has long long time been labelled as classic in Ph.D program. Inside the text, you can find a lot of in-depth matters, like Game Theory, General Equilibrium, and information matters, and Intentives stuff. Surely, one may find it is hard to follow basing on the tough maths requirement, however, it relatively make less sense to refute such a bible for nowadays bible book in Micro book. Of course, you can complain the difficulty of the book but please not the contextualisation. Because it only proves you are lacking maths training before the Ph.D program, which Varian's Analysis is only suitable for master students or the first semester of Ph.D program.

Microeconomic Theoryby Anonymous

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August 05, 2003: When there are Varian's book and Nicholson's book, why would Mas-Collel write another one? Especially when the author can't beat either of them. This has been my question for almost 2 years. The authors present almost every idea in the most complicated way they could find. They use many notations that are not very well adopted by 'the usual calculus' which most economics students have taken. Instead, they use many notations borrowed from Real Analysis, Set Theory, and so forth... these are Math PhD level or even higher courses. To explain the ideas, those are not necessary. Before I entered economics, I always thought economics is not rocket science but economists like to make it look like rocket science by intentionally talking in a difficult way. Mas-Collel's book proved my thought. This book is so wordy. The author can't even explain the simplest idea without wasting pages. I sometimes even doubt whether the authors really understand the 'things' (sure they do, they are from Harvard and Mas-Collel became hot in Spain). I just wish they could explain things instead of showing how difficult it is and how high the level is. I once struggled 3 days on this book trying to understand something, in the end I still had no clear idea. I switched to Nicholson's book and I understand the idea immediately and I will never forget it in my life. I wis our professor could choose Varian's book for our first year PhD course. Mas-Collel's book wasted me so much time and I learned very little from it. It tries to touch everything and can't explain anything in the way a student would like. The comparative statics part was badly written. If someone wants to set this as a standard, then the professors should require the students take real analysis (math PhD level) before micro. Because Mas-Collel uses their symbol and language a lot. I believe a true master is someone who can explain complicated things in easy ways because they are competent and have confidence in what they are doing. I bought Mas-Colle's book brandnew. Next time time move, it goes to the dumpster. I will only keep Varian and Nicholson's book.


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