R.preston mcafee

Patent 9,, , with others. Patent 9,, , with Patrick Hummel. Patent 10,, , with Mohammad Mahdian and Sergei Vassilvitskii. Fisher, and John J. Moores vs. BMC Software, Inc. Longhorn Partners Miller v. Holzmann, F. Smythe, Cramer Co. Philip Morris USA, et al. Additionally, each chapter is subdivided, and instructors could choose from within a chapter as well.

Overall the organization is clear and logical. Students are given Key Takeaways that summarize the information in a chapter. These work well. Students are also given Exercises to practice the concepts, however there are no solutions. Some Exercises are introduced before the material required to answer the question is introduced. For instance, students are asked to draw an Edgeworth box in CH 6 when the concept is not covered until CH Critically, there are many places where the math does not seem to display properly.

The issue is also present in the PDF version. Instructors will need to ensure that students are able to access the textbook in a way that does not have these formatting issues. Graphs have no color. While this is helpful for students who wish to print out the text, it does miss the opportunities that color coding can provide. Occasionally, there seems to be a formatting error that combines words.

It is not terribly difficult to figure out. Much of economics is separate from discussions of culture. The text is fairly standard in its approach and focuses on typical examples and markets that will be familiar to other texts. The text varies between intuitive discussions of real-world markets and deep mathematics. The intuitive portions of the text will be something that students at the intermediate level will be able to understand easily. The authors cover many different, relevant topics in this style.

However, things become much more difficult when the text introduces math. The math is quickly introduced in its most general forms. This will prove difficult for students who have not applied calculus to economics before. I believe only the students who are extremely comfortable with calculus will be able to read the text and follow the math. Additionally, there seems to be a formatting error when the math is displayed. Students and instructors will need to test several browsers to see which one accurately displays the equations.

For my experience, Firefox was able to display the math correctly, while Google Chrome and Internet Explorer were not. The book covers all the necessary topics, starting from a series of introductory and overview chapters, to fundamental consumer and producer theories, to game theory and its applications and beyond.

Comprehensiveness rating: 5 see less. Since the book covers all the core topics of intermediate microeconomics, it should not be obsolete for a while. The equations in the textbook can be better typeset, for example, the equations associated with elasticities can be improved. The first review of the book was off in my opinion, because the reviewer thought this book was about econometrics but in fact it has nothing to do with econometrics.

The title of this book is misleading. McAfee's Class Website and powerpoints. Satyajit Bose's Course at Columbia. Hsueh-Ling Huynh's Ec a at Harvard.

Hao Li's course at U Toronto. Simon Wilkie's Class Website. Roy Radner's course syllabus at NYU. Angelo Zago plans to use the text at Verona University. Tom Andrews' course syllabus at West Chester U. Nicolas Schmitt's course syllabus at Simon Fraser. Michelle Goeree's course syllabus at Claremont McKenna. Eduardo Zambrano's course at Cal Poly. Endorsements "Let me say that your creative commons Ec 11 text is awesome.

Because it is a small graduate class, Radner printed out the books and provided them at no cost to the students. The feedback is motivating for McAfee, who is hoping his new approach will be one answer to the soaring price of journals and textbooks. Then the relationship started to change, and publishers realized that increased prices have slight impact on purchases. As long as professors require a textbook, students will keep purchasing it regardless of the cost.

Once high quality free materials are made available, they stay available forever, and online materials are easily disseminated. Student PIRGs is working to develop a vibrant used book market and learning content that is priced and sold fairly. Allen says there is momentum among faculty members who are concerned about the rising prices of textbooks. Indeed, Student PIRGs collected 2, signatures from professors who said that they would be willing to consider adopting open source textbooks.

The trouble is building awareness, getting more authors to write open source books and figuring out a way for them to be compensated for their time. Currently, Allen estimates there are only about 20 quality textbooks available online, but she is hopeful market models will develop. McAfee has an idea to lure more authors into writing books online.

He proposes a prize be given to the author who writes the best free textbook on a certain topic. A big state university system could purchase the rights to the book and then distribute it to the thousands of students who would use it in any given year.

McAfee says he is sharing his prize idea with every journalist he encounters. The more students grumble about it and more news stories are written about it, the more the movement will take off, McAfee hopes.