Key features 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-an approach that fosters critical evaluation of the 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, including 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. It is the ideal textbook for modern introductory courses in microeconomics. The book's companion website is available at: www.bu.edu/eci/micro
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