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1st Year Core Textbook Review


Introduction -- First Year -- Second Year -- Third Year

First Year Economics
In order to get ahead and get a fuller knowledge of the subject, you can view published articles through the University Journal search facility; this will prove essential in later years. However, this means that a good understanding of the Social Sciences Library and the Athens system are essential; view our Jounnal Guide for detials.

  General Economics
Economics    Five Stars   Buy Now
David Begg

If you haven't completed Economics A-Level this book is amazing. It takes you through first principles in a comprehensive and clear way that will enable you to understand the more complex issues. I used this book by looking up the lecture topic in here first, then moved on to Blanchard or Varian to get the depth of knowledge required. However, it's not very useful if you've studied Economics before.

  Macroeconomics
Blanchard    Five Stars   Buy Now
This core text for 1st Year Macroeconomics is superb. Points are explained in detail, with good use of diagrams. A useful feature is how the author often puts the theory into context with detailed examples from history and current economic affairs.
This textbook is also extensively used in your second year so a good investment all round.

  Microeconomics
Intermediate Microeconomics    Four Stars   Buy Now
Varian

Often negatively commented on by many students as a difficult book, I found Varian very clear in his explanation if chapters a read in order. Theory is supported by mathematical concepts where relevant, and lots of diagrams aid in the understanding. If purchasing this book second hand, look for the later editions, which benefit from a more clear, revised colour scheme. This is perhaps not the most straightforward book for someone who has not studied economics before, and it should be noted that it does not cover some topics on the syllabus, such as International Trade. However, overall, this is fairly essential for any first year economics student and will prove invaluable in your second year.

  QM 1/2
Essential Mathematics for Economics and Business    One Star   Buy Now
Bradley and Patton

I found this recommended text for QM1 quite unnecessary. I used this book perhaps four or five times, and although I needed it to explain more fully one or two finer points of the theory, I found its explanation unclear and lacking in detail in places. I expect I could have found a suitable alternative on loan in the Social Sciences library and I would not recommend purchasing this book.

Essentials of Econometrics    Five Stars   Buy Now
Gujurati

This book is excellent. The QM2 theory is explained from first principles, in a clear and straightforward manner. Some students have commented that it is not that easy a book to get into but Econometrics is boring as hell anyway. However, the key is to take each chapter at a time, and your understanding builds as you progress through the book. Used hand in hand with the lecture notes, all relevant areas of the syllabus are thoroughly covered.
However, it may be worth buying the second year textbook if you are taking QM3 and borrowing this from the Library if need be.

  Accounting and Finance
Financial and Management Accounting    One Star   Buy Now
Weetman

This book contains a lot of explanation of accounting concepts and theory. It is a dry book, and once the groundwork theory of the course is understood, its use is very limited. I wouldnt recommend buying a textbook for this course as the lecture notes are extremely good and library alternatives are far better.

Business Accounts    Four Stars   Buy Now
Cox

This is an excellent book, covering most of the quantitative areas of the Elements of Accounting A course. Your understanding increases as you progress through the chapters. This book benefits from many worked examples and other optional questions, which provides a good reference for the questions set in the tutorials.

Accounting - An Introduction    Three Stars   Buy Now
McLaney and Atrill

I found this book useful for the sections of the Elements of Accounting B course that it covered. However, it also contains a lot of material that is not relevant. If further study in the Accountancy area is undertaken, then it may be worth purchasing but there are plenty more textbooks to buy next year. Otherwise, I would consider looking for a copy on loan from the Social Sciences library before purchasing.

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© Phillip Paterson 2003 for the Economics Society