<h2><a href="http://rads.stackoverflow.com/amzn/click/0023785209">The Applied Theory of Price</a></h2>

<p><em>by Donald N. McCloskey</em></p>

<p>McCloskey published the book (<a href="http://www.deirdremccloskey.com/docs/price.pdf">pdf</a>) for free now.</p>

<p>The Chicago school's other economists also published their books on price theory (see Milton Friedman's and George Stigler's).</p>

CC BY-SA 3.0
2015-03-13T17:37:20.283Z
thank you i will have a look. what level is this. i am looking for undergraduate level
Rain
CC BY-SA 3.0
2015-03-14T17:26:14.213Z
Just to add that this book is exceptionally good.
Ubiquitous
CC BY-SA 3.0
2015-03-13T17:11:30.353Z
2015-03-13T17:11:30.353Z
Anton Tarasenko
<p>Any decent basic introductionary economics textbook will answer that for you. Principles of economics by Mankiw gives some nice intuition. if you a looking for a little more advanced stuff, try Intermediate microeconomics by Varian.</p>

CC BY-SA 3.0
2015-03-13T17:36:34.230Z
i tried mankiw's book. I did not find it to be the best on this topic
Rain
CC BY-SA 3.0
2015-03-13T16:31:19.207Z
2015-03-13T16:31:19.207Z
Rud Faden
<p>I really like David Friedman's <a href="http://www.daviddfriedman.com/Academic/Price_Theory/PThy_ToC.html" rel="nofollow">Price Theory</a> for this material. I feel it really marries the intuition to the math. If you prefer a dead-tree version, you can usually find a used one for a few bucks online.</p>

CC BY-SA 3.0
2015-03-15T23:16:38.793Z
2015-03-16T00:11:41.267Z
2015-03-16T00:11:41.267Z
dimitriy
<p>&quot;Principles of Economics&quot; by N. Gregory Mankiw, is suitable for undergraduate-level economics courses and provides a clear and accessible introduction to economic principles, including price theory.</p>

CC BY-SA 4.0
2023-10-20T14:03:16.910Z
2023-10-20T14:03:16.910Z
ronaldmorgan
<p>Chicago Price Theory by Milton, Mulligan &amp; Murphy is interesting take on the price theory.</p>

CC BY-SA 4.0
2023-10-19T20:56:10.333Z
2023-10-19T20:56:10.333Z
WilliamT
<p>Can someone please recommend a book or a chapter from a book which provides a good and clear explanation of price theory. How prices are determined what they reflect and how they serve as allocaters of resources. </p>

<reference-request><price-theory>
Book Recommendation: Price Theory
Rain
# Book Recommendation: Price Theory

(Asked by: username_0 on 2015-03-13)

Can someone please recommend a book or a chapter from a book which provides a good and clear explanation of price theory. How prices are determined what they reflect and how they serve as allocaters of resources.

**Tags:** reference-request, price-theory

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## 5 answers

### Answer by username_1 on 2015-03-13. Score: 7

## [The Applied Theory of Price](http://rads.stackoverflow.com/amzn/click/0023785209)

*by Donald N. McCloskey*

McCloskey published the book ([pdf](http://www.deirdremccloskey.com/docs/price.pdf)) for free now.

The Chicago school's other economists also published their books on price theory (see Milton Friedman's and George Stigler's).

> **Comments:**
> **username_0**: thank you i will have a look. what level is this. i am looking for undergraduate level  
> **username_2**: Just to add that this book is exceptionally good.  

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### Answer by username_3 on 2015-03-13. Score: 3

Any decent basic introductionary economics textbook will answer that for you. Principles of economics by Mankiw gives some nice intuition. if you a looking for a little more advanced stuff, try Intermediate microeconomics by Varian.

> **Comments:**
> **username_0**: i tried mankiw's book. I did not find it to be the best on this topic  

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### Answer by username_4 on 2015-03-15. Score: 2

I really like David Friedman's [Price Theory](http://www.daviddfriedman.com/Academic/Price_Theory/PThy_ToC.html) for this material. I feel it really marries the intuition to the math. If you prefer a dead-tree version, you can usually find a used one for a few bucks online.


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### Answer by username_5 on 2023-10-20. Score: 0

"Principles of Economics" by N. Gregory Mankiw, is suitable for undergraduate-level economics courses and provides a clear and accessible introduction to economic principles, including price theory.


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### Answer by username_6 on 2023-10-19. Score: 0

Chicago Price Theory by Milton, Mulligan & Murphy is interesting take on the price theory.


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