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, "Microeconomics in Context," the book is uniquely attuned to economic realities. The ""in Context"" 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.