Microeconomics in Context

Microeconomics in Context provides a comprehensive and up-to-date introduction to microeconomics,with a focus on real-world applications and critical evaluation of economic models. It is the ideal textbook for modern introductory courses in microeconomics.

Format: Paperback / softback
Length: 622 pages
Publication date: 26 December 2022
Publisher: Taylor & Francis Ltd

Microeconomics in Context provides a comprehensive and up-to-date introduction to the principles of microeconomics, tailored to students. Similar to its counterpart, Macroeconomics in Context, this book is deeply rooted in economic, social, and environmental realities. The In Context series offers engaging coverage of current research and policy issues, ranging from economic inequality and climate change to taxes and globalization.

Key features of Microeconomics in Context include:

• Up-to-date discussions of the impacts of the COVID-19 pandemic on inequality, labor markets, and beyond.
• Analysis of recent trade issues and the implications of Brexit.
• Presentation of policy issues in historical, environmental, institutional, social, political, and ethical contexts, fostering critical evaluation of standard microeconomic models.
• Clear explanations of basic concepts and analytical tools, with advanced models presented in optional chapter appendices.
• A powerful graphical presentation of various measures of well-being in the United States and other countries, including income inequality, tax systems, educational attainment, and environmental quality.
• A focus on human well-being from a multidimensional perspective, encompassing traditional economic metrics and factors such as health, equity, and political inclusion.
• A full complement of student and instructor support materials online.

The book combines real-world relevance with a thorough grounding in multiple economic paradigms, making it an ideal textbook for modern introductory courses in microeconomics. The companion website, available at www.bu.edu/eci/micro, offers additional resources and support for students and instructors.

Weight: 1206g
Dimension: 254 x 178 (mm)
ISBN-13: 9781032171357
Edition number: 5 ed