Microeconomics in Context
Microeconomics in Context, Fourth Edition
by Neva Goodwin, Jonathan Harris, Julie Nelson, Pratistha Joshi Rajkarnikar, Brian Roach, & Mariano Torras
This text lays out the principles of microeconomics in a manner that is thorough, up to date, and relevant to students. Like its counterpart, Macroeconomics in Context, the book is uniquely attuned to economic, social, and environmental realities. The “in Context” books offer affordability, accessible presentation, and engaging coverage of current policy issues from economic inequality and global climate change to taxes and globalization. The Fourth Edition is now available.
Paperback: $68.95 Hardback: $175.00 eBook: $34.48
For a free exam copy, please contact Routledge.
To access instructor only teaching materials, including test banks, contact us. Please indicate what course you teach and provide proof of your instructor status (e.g. a link to your bio).
You may also utilize Canvas, a learning management system, for automatic grading online; for more information about Canvas, read our user’s guide and contact us to request access to our demonstration sites. Please specify if you are teaching the Third or Fourth Edition, and indicate where and what course you teach.
Preview the Fourth Edition
Preview the Table of Contents and sample chapters:
- Chapter 2: Markets and Society
- Chapter 7: Economic Behavior and Rationality
- Chapter 10: Economic and Social Inequality
New Material in Fourth Edition
The new Fourth Edition includes new material on economic inequality, environmental policies, behavioral economics, taxes, and labor issues. Key features include:
- Clear explanations of basic concepts and analytical tools, with advanced models presented in optional chapter appendices;
- Presentation of policy issues in historical, environmental, institutional, social, political, and ethical contexts—an approach that fosters critical evaluation of the standard microeconomic models, such as welfare analysis, labor markets, and market competition;
- A powerful graphical presentation of various measures of well-being in the United States and other countries, including income inequality, taxes, educational attainment, and environmental quality;
- Broad definitions of well-being using both traditional economic metrics and factors such as environmental quality, health, equity, and political inclusion;
- Significantly revised chapters on globalization and trade, economic and social inequality, labor markets, and public goods;
- Expanded coverage of high-interest topics such as behavioral economics, labor markets, and economic discrimination;
- A full complement of instructor and student support materials online.
This new edition also features more international data and analysis, and further material on the importance of economic power in shaping policy. The latest addition to the “in Context” series combines real-world relevance with a thorough grounding in multiple economic paradigms.
Praise for Microeconomics in Context
“In my endorsement of the previous edition of Microeconomics in Context, I called it ’hands down
“This textbook shifts our thinking and teaching about microeconomics! The integration of cutting-edge economic insights and applications to underexplored issues of unpaid labor, inequality, climate change, and globalization makes the book relevant and engaging. With this contextual approach and the tools offered, we are better equipped to promote improvements in societal well-being.”
Microeconomics in Context, Third Edition
by Neva Goodwin, Jonathan Harris, Julie Nelson, Brian Roach, & Mariano Torras
Third Edition Materials
Preview the first 24 pages
Sample chapters from the Third Edition:
Changes to the Third Edition
The Third Edition is is thoroughly updated and corrected, printed in black-and-white in order to make it economically-priced. A one-page summary of changes that describes the nature of the most substantive updates and corrections is available.
Top of Page