Showing posts with label Textbook. Show all posts
Showing posts with label Textbook. Show all posts

Monday, April 21, 2008

Friday, April 4, 2008

For the Student

isbn.nu
We offer a quick way to compare the prices of any in-print and many out-of-print books at over a dozen online bookstores. You can view the results with or without the shipping costs of a single book, and also find the fastest source for a book from ordering to delivery.

Wednesday, March 26, 2008

Link of the Day

The Prices and Ratings of Economics Textbooks
As economists, we are not surprised that publishers seek to maximize profits. Economic theory predicts that the ratio of a seller's price to marginal cost will be high if demand is inelastic. While publishers are unlikely to respond to moral suasion, they are likely to respond to increased price elasticity. Thus we hope that this website will have two beneficial effects. The direct effect is that it may help you find a better deal for your students. An indirect effect is that the more attention that consumers pay to prices, the more elastic will be demand, and hence the lower will be the profit-maximizing prices.

Saturday, January 5, 2008

Mankiw’s Principles of Economics, ‘dumped down’

An interesting course taught by Mankiw's colleague at Harvard, Stephen Marglin-Economics: A Critical Approach. From the syllabus;

This course critically examines the assumptions of modern economics and how these assumptions mold the ideas and conclusions of the discipline. A recurrent question is the appropriate scope of the market. Examples, drawn from both microeconomics and macroeconomics, will emphasize issues likely to be relevant over the coming decades: trade liberalization, health care, social security, and global warming…

How should you choose between the texts? Mankiw is a “conservative” text—he was the Chair of President Bush’s Council of Economic Advisers back when Bush was a popular president. Baumol-Blinder is a “liberal” text—Blinder was a member of the Council under President Clinton and the vice-chair of the Board of Governors of the Federal Reserve when Alan Greenspan was the chair. I would say that Baumol-Blinder is more nuanced and careful in its defense of the market, but what is striking is the similarity between the texts, not the differences. This is not, after all, so surprising: the unity of the economics profession on the principles of economics transcends political differences that separate Republicans and Democrats. Nitty-gritty: Mankiw’s is easier to read; a colleague once described it as dumbed down, perhaps a necessary correlate of it being the largest selling text. Baumol-Blinder is better on macroeconomics...

Saturday, November 10, 2007

Under-appreciated Textbooks

One of the best intermediate microeconomics textbooks;

Advanced Microeconomic Theory, 2nd. Ed. by Philip J. Reny and Geoff Jehle, Addison Wesley, 2001

Saturday, November 3, 2007

Tuesday, October 9, 2007

Thinking with Data

A good supplementary text on econometrics; Econometrics and Data Analysis for Developing Countries

Related;
Download Data Files for the book
Journal of Applied Econometrics Data Archive
World Income Inequality Database V 2.0b May 2007

CDS: MPhil Course 102 (Instructor: Chandan Mukherjee) see their Class Notes

Review of the Book by Stata;
Chandan Mukherjee, Howard White, and Marc Wuyts provide an interesting introduction to econometrics in Econometrics and Data Analysis for Developing Countries.

The authors cover an impressive range of topics, emphasizing the importance of model specification and evaluating different methods for obtaining acceptable specifications. They also discuss several graphical methods that are frequently overlooked in treatments of econometrics and point out that graphical methods can be informative even without p-values.

This book does not discuss methods that are robust to distributional assumptions and does not make it clear that only small-sample statistics require the normality assumption of linear regression to be valid. (Asymptotically, the standard errors are consistent, and the test statistics converge to standard distributions without assuming that the disturbances are normally distributed.) If you are interested in a more formal treatment of this topic with emphasis on robust methods, you might want to supplement this book with Introductory Econometrics: A Modern Approach (Wooldridge 1999).

What this book does well is provide practical approaches to data analysis and model development, with an emphasis on development economics. It will be a valuable tool for those who need to analyze policy based on quantitative information.


R-Stuff
R video tutorial
vikasrawal blog

Sunday, October 7, 2007

Alex Tabarrok's Favorite Public Finance Textbook

An old post by Alex Tabarrok;

Public Finance and Public Policy, the new textbook by Jonathan Gruber, is not only the best public finance textbooks I've ever read it is one of the best textbooks I've read in any field. Gruber and Worth Publishers have clearly put a huge amount of money and effort into this book - the content is superb and so is the presentation (graphs, organization, supplementary material - e.g. check out these cool powerpoint presentations.).



Related;
Public Finance & Public Policy- Course Materials by Gruber

Free Chapters-
Chapter 5. Externalities: Problems and Solutions
Chapter 12. Social Security
Chapter 18. Taxation in the United States and Around the World

Who's Using this Textbook


Answers to Textbook Problems

MIT OpenCourseWare
Public Economics, Fall 2004
Public Economics I, Fall 2003
Public Economics II, Spring 2004

Friday, October 5, 2007

Best Books on Economic Growth

1. Economic Growth by Robert J. Barro and Xavier Sala-i-Martin

2. Introduction to Economic Growth by Charles Jones

3. HANDBOOK OF ECONOMIC GROWTH

4. Van Den Berg, Hendrik, “Economic Growth and Development”, McGraw Hill.

5. Weil, David N., “Economic Growth”, Addison Wesley (power points online)

6. Endogenous Growth Theory by Philippe Aghion and Peter Howitt

7. Introduction to Modern Economic Growth, Acemoglu lecture notes


What other books do you suggest?

Tuesday, September 18, 2007

HANDBOOK OF ECONOMIC GROWTH

Links to the Chapters

Capital Flows and their Consequences in India

Interesting blog from Ministry of Finance, India.

See the post Four slideshows on open economy macroeconomics

Related;
India: Asset Prices and the Macroeconomy;
Summary: This paper examines rising asset prices in India. For the most part, asset prices in India reflect structural factors but the risk of a correction cannot be ruled out. However, at this juncture monetary policy may not be the most effective tool to safeguard financial stability because (i) India's economy is undergoing rapid structural change making it difficult to identify price misalignments; (ii) the macroeconomic impact of an asset price correction is likely to be small; and (iii) the relationship between monetary policy and asset prices is also weak. Targeted changes in financial regulations are better tools to address potential risks.