Hello John. Here is my opinion: The best micro text out there is Microeconomics: Behavior, Institutions, and Evolution by Samuel Bowles, Princeton University Press/Russell Sage Foundation, 2004; available in paperback. It is an advanced treatment, suitable for solid intermediate students and grad students. Principles students would find it tough going; try Real World Micro from Dollars and Sense plus solid lectures to explain the usual biases in cost curves and supply and demand graphs for them.
Years ago, I used to assign McConnell as a kind of back up encyclopedia to my heterodox lecture series for principles students with limited success. Eventually, I decided that the micro principles course was an abomination and should not be taught so I quit teaching it. Some colleagues still do so but if I had my druthers, it would not be offered in the curriculum at the principles level.
William M. Dugger
Professor of Economics
We are currently trying to decide a book for a standard micro principles class. One of my colleagues heading the micro-rebuild committee has recommended Mankiw’s book. Besides the protests over Mankiw’s failure to provide alternative views,
for those going through similar searches, I refer you to
Melanie Long’s Senior Thesis
where she compares the six bestselling micro texts to Marshall’s Principles
focusing on Mankiw’s methodology. Not surprisingly, she has found biases (I know, no surprise here) in Mankiw’s survey of economists’ preferences
among other issues.
Question: does anyone have recommendations for a micro text that is well written, but does not serve as a complete apology for the status quo? Thank you so much,