Friday, January 4, 2008
Schaum's Outline of Principles of Economics (Schaum's)
Product Description
Many students find introductory economics interesting but difficult, so they will really appreciate this study tool designed to make the core material easier to understand. A summary and list of key terms begins each chapter, providing readers with a "map" and hundreds of problems with detailed solutions illustrate and amplify key points. A chapter devoted to drafting and interpreting graphs helps students gain a facility with this material essential for mastering.
Product Details
Amazon Sales Rank: #291716 in Books
Published on: 1995-08-01
Number of items: 1
Binding: Paperback
368 pages
Editorial Reviews
From the Back Cover
Master the principles of economics with Schaum'sthe high-performance study guide. It will help you cut study time, hone problem-solving skills, and achieve your personal best on exams! Students love Schaum's Outlines because they produce results. Each year, hundreds of thousands of students improve their test scores and final grades with these indispensable study guides. Get the edge on your classmates. Use Schaum's!
If you don't have a lot of time but want to excel in class, this book helps you:
Brush up before tests
Find answers fast
Study quickly and more effectively
Get the big picture without spending hours poring over lengthy textbooks
Schaum's Outlines give you the information your teachers expect you to know in a handy and succinct formatwithout overwhelming you with unnecessary details. You get a complete overview of the subject. Plus, you get plenty of practice exercises to test your skill. Compatible with any classroom text, Schaum's let you study at your own pace and remind you of all the important facts you need to rememberfast! And Schaum's are so complete, they're perfect for preparing for graduate or professional exams.
Inside, you will find:
Hundreds of solved problems covering every aspect of economic principles courses, with step-by-step solutions
Hundreds of additional practice problems, with answers supplied
An easy-to-understand overview of all central economic principles
A concise, focused presentation of concepts from basic formulas and theories to advanced topics
Clear presentations of all the economic principles you need to know for your tests
If you want top grades and a thorough understanding of the principles of economics, this powerful study tool is the best tutor you can have!
Chapters include:
Demand, Supply, and Equilibrium
Unemployment, Inflation, and National Income
Consumption, Investment, and Net Exports
Keynesian Approach to Equilibrium Output
Fiscal Policy
Money and Banking
The Federal Reserve
Monetary and Fiscal Policy
Inflation
Unemployment, Deficits, and Debt
Economic Growth and Productivity
Demand, Supply, and Elasticity
Theory of Consumer Demand and Utility
Costs of Production
Price and Output
Oligopoly
Production and the Demand for Economic Resources
Wage Determination
Rent, Interest, and Profits
About the Author
McGraw-Hill authors represent the leading experts in their fields and are dedicated to improving the lives, careers, and interests of readers worldwide McGraw-Hill authors represent the leading experts in their fields and are dedicated to improving the lives, careers, and interests of readers worldwide
Customer Reviews
.... just OK
I purchased a few books in preparation for the macro/micro econ CLEP tests. Among these books is the Schaums Principles of Economics book. From my experience, the book is not very thorough. Perhaps it will help you understand economics -- and for some people, I am sure it is a sufficient study aid -- but there are definitely better Econ books out there. The book that I am reading right now is Barron's Economics, which I find to be much more detailed. A significant difference between the two books is that the Barron's version is ~580 pages long (about 200 pages longer than the Schaums), but these pages are full of additional material that is not found in Schaums (in other words, it is not a waste of paper). Although both books seem to cover roughly the same material, I have noticed that the Barron's book includes some interesting chapters (such as Game Theory) that are not even mentioned in the Schaum's book.
One more thing that I find important is that the Barron's book has smaller dimensions than the Schaums book and is therefore much more manageable (and enjoyable to read).
Luckily, the used prices for this book are pretty low, so you can always do what I did and just buy both of the books! If you are interested in more books that are introductory material to economics, the following books have sparked my interest in the field:
The Elusive Quest for Growth (the troubles we have encountered in trying to develop struggling nations)
Economics in One Lesson (a succintly written book that covers basic economic fallacies)
Globalization and its Discontents (Yes, it is about Globalization... written by Stiglitz of the World Bank)
Hope this helps :)
Not up to Schaum's standards
This book is *ok*, but it is not as good as the other Schaum's books that I own (I own nearly 20 of them). I recomment this book ONLY if you are studying high school economics. If you are in college (or taking AP Economics or studying for CLEP), get the Microeconomics and Macroeconomics versions of this guide.
Disappointing
I used Schaum's Oulines to study for my accounting CLEP test, preparing for my MBA program. The Financial and Managerial Accounting titles were excellent. I have also used them to supplement my MBA texts in Operations Management and Financial Management. Overall, the series is lucid and easy to follow. I was expecting this title to follow suit.
Unfortunately, it did not.
The exposition is shoddy at best. Though I could solve the problems as they were given, I found myself struggling to understand economics. Since I was studying to CLEP test out of my prerequisite Micro and Macro Econ, I was concerned. After a few weeks, I purchased Harper Collins' College Outlines' Intro to Economics, and was pleasantly surprised to find that I could understand economics.
Labels:
Economics,
Schaum's Outline

