Paperback: 394 pages
Publisher: Cambridge University Press; 10/27/12 edition (November 26, 2012)
Language: English
ISBN-10: 1107623766
ISBN-13: 978-1107623767
Product Dimensions: 7 x 0.8 x 10 inches
Shipping Weight: 1.9 pounds (View shipping rates and policies)
Average Customer Review: 4.0 out of 5 stars See all reviews (5 customer reviews)
Best Sellers Rank: #64,388 in Books (See Top 100 in Books) #58 in Books > Textbooks > Business & Finance > Economics > Microeconomics #74 in Books > Business & Money > Economics > Microeconomics #155 in Books > Science & Math > Mathematics > Pure Mathematics > Calculus
Well written text on microeconomics. The answers to problems are available online, and since this text is so widely used, there are helpful lectures, slides, and other materials available everywhere. Professor Serrano does an exceptional job presenting this material in a witty, dry humor that makes the math bearable. I was particularly fond of the problems in the section on monopoly production, which revolved implicitly around the production of good H—heroin—by a monopoly—a notorious Italian mob family.
The Serrano text is easy to read and explains things simply. It provides a solid background for an intermediate microeconomics class. A disadvantage is that it does not supply some of the detail that other textbooks provide such as Microeconomic Theory by Nicholson so it may not be as comprehensive. But this can easily become an advantage. Other students in my class use the Nicholson text which sometimes gets very complicated and difficult to understand. For an overall solid foundation in microeconomic theory at the basic level, I would choose this Serrano text and use the others as reference materials.
I've gone through other books of the same level, and this one lacks visuals and a concise format. More read like a story book than a textbook, so you have to fish around for the important details sometimes. Difficult to master it from how it is taught, will need someone else to explain it to you.
It's very clear in the concepts, it doesn't have "magic algebra", all the steps are shown for a real understanding of each math problem.
The author assumes you know calculus, so many times when explaining how to do problems he skips step. It is microeconomic so it is cut and dry, technical, and condensed.
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