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Microeconomics in Context, Third Edition
by Neva Goodwin, Jonathan Harris, Julie Nelson, Brian Roach, & Mariano Torras

Preview the Book
Preview the first 24 pages
See Table of Contents and sample chapters:
Chapter 7: Economic Behavior and Rationality
Chapter 9: Markets for Labor

Instructors: For a free exam copy please contact the publisher. Or request access to a free online exam copy.


Supplementary Materials:

Access chapter review questions and web-based exercises for the Third Edition or Second Edition.

Instructors: Contact us for additional instructor resources and teaching materials. Please specify if you are teaching the Second or Third Edition.


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.

Praise for Microeconomics in Context

“I have used this book for about eight years now, and absolutely love it. My students appreciate that it's so affordable, as well.”
- Rachel Bouvier, University of Southern Maine, Portland

“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

“I'm both a philosopher and economist and so analytic precision and real world grounding are high on my list. No other introductory microeconomics text can touch it.”
- Mark Wenzel, Wayne State 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?

Instructors may request a free exam copy directly from M.E. Sharpe. Or you may request access to a free online exam copy. Instructor-specific supplementary materials, available only to verified instructors, include an Instructor's Resource Manual and a comprehensive Test Bank. To obtain access to the instructor materials, please e-mail us at gdae@tufts.edu. Please indicate where and what course you teach.

View the Table of Contents, as well as Sample Course Outlines that suggest how a course could be tailored to emphasize various topics (such as neoclassical concepts, ecological issues, behavioral economics, and more).

Supplementary materials for students, including a Student Study Guide and PowerPoint slides containing the figures and tables printed in the textbook, are available for the Third Edition and Second Edition.

Who are the authors?

The authors of Microeconomics in Context, Third Edition are Neva Goodwin, Jonathan Harris, Julie A. Nelson, Brian Roach, and Mariano Torras, with contributions by 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, Second Edition are also available as self-contained teaching modules, suitable for use in courses based on other texts.

How does the Third Edition differ from the Second Edition?

The Third Edition is thoroughly updated and corrected, and is 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.

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