Microeconomics in Context

by Neva R. Goodwin, Julie A. Nelson, Frank Ackerman

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.Like its companion volume, "Macroeconomics in Context", this text includes discussions of historical, institutional, political, and social factors that encourage students to engage with the subject matter. An Instructor's Resource Manual, Test Bank, and Student Study Guide are available on the authors' website for instructors who adopt the text.

Genres: Economics

560 pages, Paperback

First published January 21, 2003

Reviews

[Justin · Rating 5 out of 5]

One of the best introductions to the concepts and principles of economics available. Authors take special care in relating the graphs and abstract ideas into real world situations. Sections are devoted to explaining a principle and then explaining how that principle can be seen/implemented in an actual society. Special care is taken in explaining resource and capital efficiency. I read it to learn Microeconomics before I took Energy and Environmental Economics next semester (without the required prerequisite of Microecon... the professor recommended that I read this book to catch up)

[Cain S. · Rating 3 out of 5]

Light on mathematics, and with a more than subtle leftist bias. Good lay exposition if you haven't read any economics texts at the graduate and researcher level.

[Gabriela · Rating 2 out of 5]

Intro to microeconomics course. Some of the stuff I could understand, the majority of it went right over my head. Their explanation on formulas used by economists could have been better.