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An Introduction to Positive Economics, by Richard G. Lipsey, K.Alec Chrystal
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This edition of the classic text covers an entire introduction to economics and provides a theoretical grounding for those going on to specialize in economics. New to this edition is the inclusion of international applications, examples and case studies, providing fully for the needs of modern students of introductory economics. The book is intended for 1st-year undergraduates taking an introduction to economics or principles of economics course.
- Sales Rank: #2925510 in Books
- Published on: 1995-05-25
- Ingredients: Example Ingredients
- Original language: English
- Number of items: 1
- Binding: Paperback
- 943 pages
Most helpful customer reviews
0 of 0 people found the following review helpful.
First class on micro, not so clear or useful on macro economic theory.
By david
This is an essential for any LSE undergraduate or economics student. It can be used for A Level, but due to its size might be intimidating. As in the heading: you could get by with just this book for a basic understanding of markets, pricing, competition and the firm and the basics of marginal theory without the maths. But for macro economics you will need to go elsewhere.
When you have conquered Lipsey read alternative theories of resource allocation and income distribution: Leontiffian input/output theory to begin with!
There is more than one way to skin a cat! You will then see what an apology for Western Capitalism this version of economic theory is.
At the end of the day this particular re-statement of Marshall and Ricardo is just an elegant intellectual game based on incredible assumptions which is completely devoid of any real life application.
But forgive me. It's for taking exams...it is good for that. I know!
2 of 3 people found the following review helpful.
Good Introductory Text on Economics
By Elijah Chingosho
I used this book on the economics subject during my university days. It enabled me to read the subject from an introductory level and to delve into a more in depth study of this fascinating science.
The book provides a comprehensive coverage of economics for first year undergraduate students. It provides an excellent foundation for those who wish to specialize in the subject.
The book has been kept up-to-date with current developments in the field to include risk analysis and assessment, decision making under uncertainty and incomplete information and has several informative examples that reinforce the student's grasp of the subject.
0 of 1 people found the following review helpful.
OUT OF MY LEAGUE
By Michael Mahoney
This was purchased for a friend of my brother's in Nairobi Kenya. I have gotten no negative feedback so I guess it is just what he wanted.
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