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Macroeconomics in Context

2nd Edition

By Neva Goodwin, Jonathan M. Harris, Julie A. Nelson, Brian Roach, Mariano Torras

Routledge – 2013 – 496 pages

Purchasing Options:

  • Add to CartPaperback: $59.95
    978-0-7656-3874-8
    December 17th 2013

Description

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 attuned to economic realities--and it has a bargain price. 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. Policy issues are presented in context--historical, institutional, social, political, and ethical--and always with reference to human well-being.

Reviews

"Macroeconomics in Context excels at presenting macroeconomic theory in a way that students can understand. As a bonus, it exposes students to issues--such as the environmental costs of production and the wider determinants of well-being--that soon will be at the center of economic policy-making." -- Eric Nilsson, California State University, San Bernardino

"Macroeconomics in Context is the best text I've seen for undergraduate teaching. By paying attention to the challenges we face today, such as environmental degradation and social issues, it lets students readily see why [the subject of] economics is important to learn. This text gives students the basics while raising questions about how we can do better." -- Valerie A. Luzadis, SUNY College of Environmental Science and Forestry, Syracuse

"After reviewing fourteen macroeconomics textbooks, looking for an alternative to obsolete ideas of infinite GDP growth with little consideration of environmental or social costs, I selected Macroeconomics in Context. … This was the only book I found that covers mainstream theory while putting it into a social and environmental context--a much needed updated approach to macroeconomics." -- Gary Flomenhoft, University of Vermont

"I like this text very much. I like that environmental concerns are part of the discussion. I also like the no-frills presentation and the low price." -- Tom White, Assumption College (on the previous edition)

Contents

Part I. The Context for Economic Analysis 0. Macroeconomics and Well-Being 1. Economic Activity in Context 2. Useful Tools and Concepts 3. What Economies Do 4. Supply and Demand Part II. Macroeconomic Basics 5. Macroeconomic Measurement: The Current Approach 6. Macroeconomic Measurement: Environmental and Social Dimensions 7. The Structure of the U.S. Economy 8. Employment, Unemployment, and Wages Part III. Macroeconomic Theory and Policy 9. Aggregate Demand and Economic Fluctuations 10. Fiscal Policy 11. Money, Banking, and Finance 12. The Federal Reserve and Monetary Policy 13. Aggregate Supply, Aggregate Demand, and Inflation: Putting It All Together 14. The Global Economy and Policy Part IV. Macroeconomic Issues and Applications 15. The Financial Crisis and the Great Recession 16. Deficits and Debt 17. How Economies Grow and Develop 18. Growth and Sustainability in the Twenty-First Century

Related Subjects

  1. Macroeconomics

Name: Macroeconomics in Context: 2nd Edition (Paperback)Routledge 
Description: By Neva Goodwin, Jonathan M. Harris, Julie A. Nelson, Brian Roach, Mariano Torras. 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 attuned to economic realities--and it has a bargain...
Categories: Macroeconomics