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| Customer Review: |
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1: Wordy and confusing
The author uses a lot of wordy language to make simple concepts complicated. Also I agree with another review: there is a lot of macroeconomics. I think Dr. Shapiro needs to understand how his readers learn, not how he can enjoy his writing.
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2: Can be confusing, major focus on economics
This textbook may not be a good choice for undergraduate students or for someone who does not have an intermediate or higher knowledge of finance. Wording in the chapters and in the end of chapter problems can be confusing. Statements are made and then not backed up with supporting information. The book spends a large amount of time on a macroeconomic view.
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3: Excellent book.
We adopted this book during the first semester of 1999 with excellent results. Our students were delighted with the practical approach, and the breadth of its contents. Recently our country has been through a monetary turmoil, and the book served very much to explain the policies that our local central bank authorities have been pursuing.
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