Reviews for Extraction of an Exhaustible Resource Under Uncertainty (Mathematical Systems in Economics, 51)

The average rating for Extraction of an Exhaustible Resource Under Uncertainty (Mathematical Systems in Economics, 51) based on 2 reviews is 4 stars.

Review # 1 was written on 2011-06-11 00:00:00 Dddd Ddddddddddd A decently laid out introductory micro- and macroeconomics textbook that's easy to read and understand, for the most part. I can't really compare it to other text books, since it is the first one I have used on the subject. Suffice it to say, however, that it includes the same inane generalizations about markets being perfectly competitive that is probably common to most introductory texts, and (as expected) it lacks reference to its ideological assumptions and presents economic models for faithful digestion without backing them up with any evidence whatsoever. I would rate it 'ok', save that this edition includes one-year accessibility to the online MyEconLab service, which is pretty useful for study/revision with its quizzes and study plans.

Review # 2 was written on 2019-07-19 00:00:00 Derek Cheung This book is very underrated. It has clear explanations, and lots of appendixes that are both interesting and useful. I would highly recommend this book to anyone who wants to learn about economics for the first time.