Microeconomics in Context

"[This book] provides a thorough introduction to the principles of microeconomics, ... offering a fresh portrait of the economic realities of the 21st century. [It] aims to help you gain a deeper understanding of economic analysis and contemporary controversies of interest and importance. It examines economic activity in its environmental and social contexts, drawing on both traditional economic principles and new research to give you greater insight into our economic world"-Back cover.

Microeconomics in Context provides a thorough introduction to the principles of microeconomics, updated and broadened to reflect the economic realities of the 21st century. The text builds upon the strengths of standard, neoclassical economics, but takes into account environmental, institutional, political, psychological, ethical, and social issues often neglected in other introductory Principles textbooks. The authors introduce students to the standard topics and tools taught in most introductory courses, and to a broader and richer set of topics and tools.