Microeconomics

Karlan/Morduch, Microeconomics, 2nd Canadian Edition, illustrates the power of economics to help understand, analyze and explain complex and everyday real-world problems.

Making a modern approach, Karlan is organized around learning objectives and matched with sound learning tools in Connect aimed at enhancing students' analytical and critical thinking skills. Karlan presents real-life examples and encourages students to think through decisions they'll face in life and ultimately show that economics is the common thread that enables us to understand, analyze, and solve problems in Canada and around the World.

The 2nd Canadian Edition has been updated to include new discussions, examples and problem material making the content even more relevant and engaging to todays' student.

Dean Karlan is Professor of Economics and Finance at Northwestern University and President and Founder of Innovations for Poverty Action (IPA). Dean started IPA in 2002 with two aims: to help learn what works and what does not in the fight against poverty and other social problems around the world, and then to implement successful ideas at scale. IPA has worked in over 50 countries, with 1,000 employees around the world. Dean’s personal research focuses on using field experiments to learn more about the effectiveness of financial services for low-income households, with a focus on using behavioral economics approaches to improve financial products and services. His research includes related areas, such as building income for those in extreme poverty, charitable fund-raising, voting, health, and education. Dean is also co founder of stickK.com, a start-up that helps people use commitment contracts to achieve personal goals, such as losing weight or completing a problem set on time, and in 2015 he founded Impact Matters, an organization that helps assess whether charitable organizations are using and producing appropriate evidence of impact. Dean is a Sloan Foundation Research Fellow, a Guggenheim Fellow, and an Executive Committee member of the Board of the M.I.T. Jameel Poverty Action Lab. In 2007 he was awarded a Presidential Early Career Award for Scientists and Engineers. He is co editor of the Journal of Development Economics and on the editorial board of American Economic Journal: Applied Economics. He holds a BA from University of Virginia, an MPP and MBA from University of Chicago, and a PhD in Economics from MIT. In 2016 he coauthored Failing in the Field, and in 2011 he coauthored More Than Good Intentions:Improving the Ways the World’s Poor Borrow, Save, Farm, Learn, and Stay Healthy.