Macroeconomics in Context lays out the principles of macroeconomics in a manner that is thorough, up to date, and relevant to students. Like its counterpart, "e;Microeconomics in Context,"e; the book is uniquely attuned to economic realities. The "e;"e;in Context"e;"e; books offer affordability, engaging treatment of high-interest topics from sustainability to financial crisis and rising inequality, and clear, straightforward presentation of economic theory.
Key features include:
- An eye-opening statistical portrait of the United States, including international comparisons;
- Consistent integration of the theme of sustainability, with chapters on alternatives to standard GDP measurement and on growth and sustainability issues in the twenty-first century;
- New coverage of the enlarged financial sector and associated risks; fiscal and monetary policy in action during the financial crisis in the United States and in other advanced economies;
- Issues of human well-being both domestic and global- are given central importance;
- Policy issues are presented in context; historical, institutional, social, political, and ethical;
- Basic concepts are explained clearly, with formal instruction in algebraic modeling techniques presented in optional chapter appendices;
- Full complement of instructor and student support materials available, including test banks and grading through Canvas, online.