
Full of glaring mistakes!!! - Note This review applies only to the 4th edition.This 4th edition book was recommended on a reading list for an economics related course and I duly bought it. Big mistake! There are numerous errors, decimal points omitted, plus signs where there should be minus signs and x s where there should be y s. Some of these mistakes are more obvious than others. In one example that I noticed in has been left out from the word inefficient and the sentence has a completely different meaning. Imagine my surprise when I checked a third editon copy and found it free from these mistakes. I wish I d just bought a second-hand copy of the 3rd edtion. All in all it is a very poorly edited text. Lecturers out there - please do not recomend this edition to your studies so that hours of confusion can prevented!
Use by all students - Although one of the more expensive books around, it s certainly the best. It s not only useful for MBA and Doctoral students, but I am constantly using it as an Undergraduate taking a Finance course. Highly recommended.