The Global Development And Environment Institute



Search GDAE

Subscribe for
E-mail Updates

Leontief Prize

Recent Publications

Media Room

Upcoming Events

Publicaciones en Español

Publications en Francais

Publications in Chinese

Jobs and Resources


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

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. This book goes beyond a discussion markets and efficiency to address the question of human well-being. It includes 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.
Print: $69.95   eBook: $59.36

Preview the Fourth Edition
The new Fourth Edition, to be released in late 2018, includes new material on economic inequality, environmental policies, behavioral economics, taxes, and labor issues. Preview three advance chapters:
Chapter 2: Markets and Society
Chapter 7: Economic Behavior and Rationality
Chapter 9: Economic and Social Inequality

Supplementary Materials:
Access chapter review questions and student self-tests for the Third Edition or Second Edition.

Access brief updates on current economic issues, including:
  • The Great Recession’s Impact on Wealth Inequality in the U.S.
  • The Use of Behavioral Economics to Increase Government Revenue
  • Accounting for Carbon Emission Externalities in U.S. Environmental Policy
  • Education Inequality in the U.S.

For a free exam copy please contact Routledge, the publisher.
Contact us for instructor resources and access to test banks. 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 at to request access to our demonstration sites. Please specify if you are teaching the Second or Third Edition, and indicate where and what course you teach.

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

Purchase the book
Hard copy: Amazon, Barnes & Noble, Routledge
iBook, Google, CourseSmart

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

- Professor Myra Strober, Stanford University

“Of all the textbooks I have seen, yours is by far the most balanced and indisputably the best value! I think you have done a fantastic job in presenting the mainstream material in a non-mainstream way.”
- Jakob Funkenstein, University of Washington

Frequently Asked Questions

How can I get the textbook and supplementary materials?

Instructors may request a free exam copy directly from Routledge, the publisher. 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 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).

Additional supplementary materials, 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.

Top of Page

Tufts University Logo

Global Development And Environment Institute
Tufts University
44 Teele Avenue, Somerville, MA 02144 USA
Tel: 617-627-3530 | Email:

Copyright © 2002 – Tufts University