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Microeconomics in Context

The First Edition of Microeconomics in Context is available from Houghton Mifflin.

IMPORTANT UPDATE! The Second Edition of Microeconomics in Context will be available, for less than $50, from M.E. Sharpe beginning in September 2008. For more information, see below.

Designed for one-semester use, this innovative, principles-level text takes a broad "contextual" approach to economics—including serious consideration of ecological, feminist, and social concerns—while still including coverage of the standard microeconomic concepts and models. Unlike most microeconomics textbooks, which focus exclusively on markets and efficiency, this book starts with the question of human well-being and then examines how economic activities can contribute to, or detract from, well-being. It addresses such critical concerns as ecological sustainability, distributional equality, the quality of employment, and the adequacy of living standards. It is the companion textbook to Macroeconomics in Context.

"This is the absolute hands-down, no question-about-it best principles text I have ever seen or used."
Professor Judith Robinson, Castleton State College

"Thank God texts like this are coming out!!"
Professor Ernest Diedrich, College of St. Benedict/St. John's University

"I love your book..."
Professor Steve Balkin, Roosevelt University

"I am very excited about this book. "
Professor Shyamala Raman, Saint Joseph College

"Terrific."
Professor Myra Strober, Stanford University

Frequently Asked Questions about Microeconomics in Context

How can I get the textbook and supplementary materials?
mic 1e cover Through the fall term of 2008 and until the stock runs out, the First Edition will continue to be available from Houghton Mifflin, as will the Instructors Resource Manual, Test Bank, and PowerPoint slides. A recently revised First Edition Student Study Guide can be downloaded here. You may also review the Table of Contents, see the Sample Course Outlines for ideas on how to tailor the course to your needs, and read the Preface.

Beginning in September 2008, the print Second Edition of the textbook will be available from M. E. Sharpe at a price of less than $50. Electronic versions of a Second Edition Instructor Resource Manual and Test Bank will be available to verified instructors from gdae@tufts.edu, and a Second Edition Student Study Guide and set of PowerPoint slides will be available to the general public from the GDAE website. For instructors wanting to use the Second Edition for the fall 2008 term, advance copies of the initial chapters may be available by individual arrangement. Please contact us at gdae@tufts.edu for more information.

Who are the authors?

The authors of Microeconomics in Context are Neva Goodwin, Julie A. Nelson,
Frank Ackerman, and Thomas Weisskopf.

How did this book come to be written?

We believe that a new approach to teaching economics is urgently needed. We call this approach "contextual economics" because it presents the economy as embedded in its physical and social contexts. To read more about how this textbook came to be written, click here.

I'm not able to switch to another textbook. How can I incorporate social and environmental issues in my microeconomics course?

Two chapters of Microeconomics in Context are also available as self-contained teaching modules, suitable for use in courses based on other texts.

How will the Second Edition differ from the First Edition ?

The Second Edition has been thoroughly updated and corrected. In order to make it available at an economical price, it will be printed in black-and-white. A summary of changes is available.

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