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.
Order via Routledge.
Paperback: $68.95 Hardback: $175.00 eBook: $34.48
For a free exam copy, please contact Routledge.
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Access student study guide and PowerPoint Slides for the Fourth Edition and Third Edition
Preview the Fourth Edition
Preview the Table of Contents and sample chapters:
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:
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.
- 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
- 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
- Full complement of instructor and student support materials online.
Praise for Microeconomics in Context
“In my endorsement of the previous edition of Microeconomics in Context, I called it ’hands down
the best'. This new edition is even better. Not only is it still very accessible to students, but it is even
more highly relevant. The authors present the economy as fully embedded in its wider context – social,
political, historical, and environmental – and then bring in a rich understanding of economic theory
to help us not only to understand the world, but also to change it.”
- Professor Judith Robinson, Castleton State College
“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.”
- Professor Fiona MacPhail, University of Northern British Columbia
Microeconomics in Context, Third Edition
by Neva Goodwin, Jonathan Harris, Julie Nelson, Brian Roach, & Mariano Torras
Third Edition Materials
See Table of Contents
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.