"Macroeconomics In Context | Economics

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 social and environmental realities. The “In Context” books offer engaging coverage of current topics including policy responses to recession and inflation inequality deficits and government debt economic impacts of the COVID-19 pandemic and the economics of environmental sustainability. This fourth edition includes: Improved and concise discussions of introductory topics especially on key economic activities macroeconomic goals and economic models Further emphasis on inequality environmental sustainability financialization the changing nature of work and international developments such as the role of transnational corporations and supply chain issues Discussion of the impacts of the COVID-19 pandemic on macroeconomic factors like well-being inequality and labor markets Presentation of policy issues in historical environmental institutional social political and ethical contexts including an updated discussion of fiscal policy in relation to the Biden administration’s infrastructure and social investment spending Clear explanations of basic economic concepts alongside more in-depth analysis of macroeconomics models and economic activity This book combines real-world relevance with a thorough grounding in multiple economic paradigms. It is the ideal textbook for modern introductory courses in macroeconomics. The book’s companion website is available at: http://www.bu.edu/eci/macro|Macroeconomics in Context | Economics