Good Econ Introduction Book for 0L?

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sfdreaming09
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Good Econ Introduction Book for 0L?

Postby sfdreaming09 » Sat Mar 27, 2010 6:15 pm

Many current students that I've spoken to recently have told me that reading an intro economics book before coming to law school would prove to be pretty beneficial. So I was just wondering whether any of you guys had any good recommendations?

Has anybody had any experiences with this book: http://www.amazon.com/Economics-Lawyers ... 069112177X
Last edited by sfdreaming09 on Sat Mar 27, 2010 8:24 pm, edited 1 time in total.

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JetstoRJC
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Re: Good Econ Introduction Book for 0L?

Postby JetstoRJC » Sat Mar 27, 2010 6:17 pm

A good book for the connection between Economics and Law is Law's Order by David Friedman.

http://www.amazon.com/Laws-Order-What-Economics-Matters/dp/0691090092/ref=sr_1_1?ie=UTF8&s=books&qid=1269728184&sr=8-1

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iamtaw
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Re: Good Econ Introduction Book for 0L?

Postby iamtaw » Sat Mar 27, 2010 6:20 pm

JetstoRJC wrote:A good book for the connection between Economics and Law is Law's Order by David Friedman.

http://www.amazon.com/Laws-Order-What-Economics-Matters/dp/0691090092/ref=sr_1_1?ie=UTF8&s=books&qid=1269728184&sr=8-1


i second this

sfdreaming09
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Re: Good Econ Introduction Book for 0L?

Postby sfdreaming09 » Sun Mar 28, 2010 3:22 pm

thanks for the rec...just bought a copy off amazon

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DoctorNick189
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Re: Good Econ Introduction Book for 0L?

Postby DoctorNick189 » Sun Mar 28, 2010 3:22 pm

mankiw. principles of economics.

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Hopefullawstudent
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Re: Good Econ Introduction Book for 0L?

Postby Hopefullawstudent » Sun Mar 28, 2010 3:49 pm

Take it from a University of Chicago econ graduate:

Henry Hazlitt's "Economics in One Lesson"
Charles Wheelan "Naked Economics"
Subscribe to The Economist, or at least peruse the website

(Keep in mind that nothing can replace a graduate degree in economics from the University of Chicago or M.I.T. however. :wink: )

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mikeyp
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Re: Good Econ Introduction Book for 0L?

Postby mikeyp » Mon Mar 29, 2010 1:45 pm

DoctorNick189 wrote:mankiw. principles of economics.

+1

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Aeroplane
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Re: Good Econ Introduction Book for 0L?

Postby Aeroplane » Mon Mar 29, 2010 1:51 pm

sfdreaming09 wrote:Many current students that I've spoken to recently have told me that reading an intro economics book before coming to law school would prove to be pretty beneficial. So I was just wondering whether any of you guys had any good recommendations?

Has anybody had any experiences with this book: http://www.amazon.com/Economics-Lawyers ... 069112177X

FWIW: Econ figured prominently in 2 of my fall classes (Torts & Property) and at first I thought I was at a disadvantage because I've never taken it and most of my classmates had (so it seemed). I planned to read some outside material, but never got around to it. In the end, I think I was much better off with NO outside Econ knowledge because I learned the relevant Econ concepts entirely through the eyes of my professors and answered exam questions w/nothing but their views in mind. YMMV.

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ArtVandelay
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Re: Good Econ Introduction Book for 0L?

Postby ArtVandelay » Mon Mar 29, 2010 1:54 pm

Hopefullawstudent wrote:Henry Hazlitt's "Economics in One Lesson"


+ a broken window

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Unemployed
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Re: Good Econ Introduction Book for 0L?

Postby Unemployed » Mon Mar 29, 2010 1:54 pm

If you want to be an ultra-gunner, spend some time with Law & Economics (Cooter & Ulen) - but only after you become familiar with introductory microeconomics. It will really make your life easier in torts, contracts, and property.

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KimmyGibbler
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Re: Good Econ Introduction Book for 0L?

Postby KimmyGibbler » Mon Mar 29, 2010 1:55 pm

Hopefullawstudent wrote:Take it from a University of Chicago econ graduate:

Henry Hazlitt's "Economics in One Lesson"
Charles Wheelan "Naked Economics"
Subscribe to The Economist, or at least peruse the website

(Keep in mind that nothing can replace a graduate degree in economics from the University of Chicago or M.I.T. however. :wink: )


I would be more impressed with an economics degree from Columbia or Harvard

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nealric
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Re: Good Econ Introduction Book for 0L?

Postby nealric » Mon Mar 29, 2010 2:35 pm

I wouldn't consider economics as that important for law school. I had only one 1L class (property) where the professor got into law and economics. It was super basic stuff (i.e. coase theorem) that you could learn on the fly no problem.

If you are into economics, there are opportunities to do law and economics (antitrust L&E can get really complex), but it's hardly required knowledge.

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Richie Tenenbaum
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Re: Good Econ Introduction Book for 0L?

Postby Richie Tenenbaum » Mon Mar 29, 2010 2:38 pm

What schools are known to focus with a law and econ bent?
First few I think of are Chicago, Northwestern, and Georgemason. What are some other schools?

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Muckduck
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Re: Good Econ Introduction Book for 0L?

Postby Muckduck » Mon Mar 29, 2010 2:42 pm

I guess Mankiw is good, but ignore the chapters on Macro. And about 90% of the rest won't be too helpful. Maybe a better idea is to get a more specific idea of which economic principles are useful for law classes and then read about them. Introductory Econ books will talk all about fun stuff like comparative advantage, the value of money as a means of exchange, blah blah blah. You don't need any of that. You want to learn more complicated stuff like externalities, distortions (taxes, subsidies), etc. You can probably get anything about those off of JSTOR or something. It will save you lots of time and money to figure out what will actually be helpful to you.

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Muckduck
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Re: Good Econ Introduction Book for 0L?

Postby Muckduck » Mon Mar 29, 2010 2:45 pm

KimmyGibbler wrote:
Hopefullawstudent wrote:Take it from a University of Chicago econ graduate:

Henry Hazlitt's "Economics in One Lesson"
Charles Wheelan "Naked Economics"
Subscribe to The Economist, or at least peruse the website

(Keep in mind that nothing can replace a graduate degree in economics from the University of Chicago or M.I.T. however. :wink: )


I would be more impressed with an economics degree from Columbia or Harvard


Then you are unaware that an Econ degree from Chicago is FAR SUPERIOR to either of those two. Top two Econ = MIT and Chicago in that order (sorry Hopeful :D ).

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bostonlawchick
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Re: Good Econ Introduction Book for 0L?

Postby bostonlawchick » Mon Mar 29, 2010 2:50 pm

Muckduck wrote:
KimmyGibbler wrote:
Hopefullawstudent wrote:Take it from a University of Chicago econ graduate:

Henry Hazlitt's "Economics in One Lesson"
Charles Wheelan "Naked Economics"
Subscribe to The Economist, or at least peruse the website

(Keep in mind that nothing can replace a graduate degree in economics from the University of Chicago or M.I.T. however. :wink: )


I would be more impressed with an economics degree from Columbia or Harvard


Then you are unaware that an Econ degree from Chicago is FAR SUPERIOR to either of those two. Top two Econ = MIT and Chicago in that order (sorry Hopeful :D ).


+1000000

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Unemployed
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Re: Good Econ Introduction Book for 0L?

Postby Unemployed » Mon Mar 29, 2010 2:59 pm

Muckduck wrote:
KimmyGibbler wrote:
Hopefullawstudent wrote:Take it from a University of Chicago econ graduate:

Henry Hazlitt's "Economics in One Lesson"
Charles Wheelan "Naked Economics"
Subscribe to The Economist, or at least peruse the website

(Keep in mind that nothing can replace a graduate degree in economics from the University of Chicago or M.I.T. however. :wink: )


I would be more impressed with an economics degree from Columbia or Harvard


Then you are unaware that an Econ degree from Chicago is FAR SUPERIOR to either of those two. Top two Econ = MIT and Chicago in that order (sorry Hopeful :D ).


We are talking about graduate programs, right? Because in my rather extensive experience, Chicago undergrads majoring in econ are generally talentless, uninteresting gunner hacks who can't get over their Harvard rejections. :lol:

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Muckduck
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Re: Good Econ Introduction Book for 0L?

Postby Muckduck » Mon Mar 29, 2010 5:22 pm

Unemployed wrote:
Muckduck wrote:
KimmyGibbler wrote:
Hopefullawstudent wrote:Take it from a University of Chicago econ graduate:

Henry Hazlitt's "Economics in One Lesson"
Charles Wheelan "Naked Economics"
Subscribe to The Economist, or at least peruse the website

(Keep in mind that nothing can replace a graduate degree in economics from the University of Chicago or M.I.T. however. :wink: )


I would be more impressed with an economics degree from Columbia or Harvard


Then you are unaware that an Econ degree from Chicago is FAR SUPERIOR to either of those two. Top two Econ = MIT and Chicago in that order (sorry Hopeful :D ).


We are talking about graduate programs, right? Because in my rather extensive experience, Chicago undergrads majoring in econ are generally talentless, uninteresting gunner hacks who can't get over their Harvard rejections. :lol:


I wouldn't know...

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prezidentv8
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Re: Good Econ Introduction Book for 0L?

Postby prezidentv8 » Mon Mar 29, 2010 5:26 pm

Not precisely on point, but I did like this book just for fun, and it included some econ ideas: http://www.amazon.com/Legal-Analyst-Toolkit-Thinking-about/dp/0226238350

Also...nice on the "sfdreaming"/avatar


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nealric
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Re: Good Econ Introduction Book for 0L?

Postby nealric » Mon Mar 29, 2010 5:42 pm

We are talking about graduate programs, right? Because in my rather extensive experience, Chicago undergrads majoring in econ are generally talentless, uninteresting gunner hacks who can't get over their Harvard rejections.

Image

SR86
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Re: Good Econ Introduction Book for 0L?

Postby SR86 » Mon Mar 29, 2010 10:28 pm

I started going through Samuelson's Economics: http://www.amazon.com/Economics-Paul-Sa ... 534&sr=1-1

So far I've liked it.

toaster2
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Re: Good Econ Introduction Book for 0L?

Postby toaster2 » Mon Mar 29, 2010 10:32 pm

.
Last edited by toaster2 on Tue May 25, 2010 1:44 am, edited 1 time in total.

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Hopefullawstudent
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Re: Good Econ Introduction Book for noel?

Postby Hopefullawstudent » Thu Apr 01, 2010 2:28 pm

Unemployed wrote:
We are talking about graduate programs, right? Because in my rather extensive experience, Chicago undergrads majoring in econ are generally talentless, uninteresting gunner hacks who can't get over their Not YLS rejections. :your attempt at humor is the most laughable thing about your post; sadly, it is not that laughable:


I was a graduate student, yes. I was a TA for some of those "uninteresting gunner hacks" and perhaps you are not completely incorrect. However, most of the undergrad students I interacted with were international students who were dealing with insecurities arising out of their rejections from Oxbridge, not HYPS. Keep in mind that international students believe that UChicago is the 7th best university in the world and the 3rd best college in America. (Laughable to Americans perhaps, but UChicago is a VERY internationally respected institution.)

For American law students, we obsess over the USNWR rankings the same way international students obsess over the THES world rankings for colleges.

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cahesu
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Re: Good Econ Introduction Book for noel?

Postby cahesu » Thu Apr 01, 2010 2:31 pm

Mankiw and Samuelson are classics.

I used Paul Krugrman's Microeconomics and Macroeconomics and found them interesting and very readable. Although the content of Krugman's blog and editorials is very politically-charged, his textbooks are moderate and reflect the prevailing theory.




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