One of my favorite books in the field of economics is Microeconomics written by Robert Pindyck and Daniel Rubinfeld. At first, as an “Intermediate Economics” book, this book has a good organization, and never delivers too many theories and mathematical calculations to readers, which make it easier for a beginner to get some useful theoretical information. In addition, unlike most outdated economics textbooks today, it has a wonderful coverage of modern topics, such as Game theory and Behavioral. Also, the abundance of examples and the clarity of explanation are great advantages of this book, improving undergraduate students’ ability to apply theories in the real world. By the way, I really appreciate the graphs and tables in this book. It also has some tiny disadvantages, for example, it does not show the mathematical calculations behind some models, and just indicating the intuitions of these models may confuse readers. There are not enough exercises and problem sets in this book, and it does not offer the solutions to all problems, thus causing the difficulties for students to prepare for examinations. In a word, it is a very good book for beginners and undergraduate students in economics programs. Although the knowledge it covered is not enough for a PHD student which need to do a lot of mathematical calculations and develop models, it is still a useful book for PHD students to do some review and keep pace with the development of microeconomics.
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