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 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 engaging coverage of current topics including financial crises, rising inequality, debt and deficits, and environmental sustainability, while also providing a clear and accessible exploration of economic theory and applications. The third edition features: Clear explanations of basic economic concepts alongside more in-depth analysis of macroeconomics models and economic activity Expanded coverage of topics including, inequality, financialization and debt issues, the changing nature of jobs, and sustainable development Thoroughly updated figures and data A full complement of online instructor and student support materials such as additional tables and data, PowerPoint slides and a study guide This engaging textbook offers students an excellent guide to macroeconomics. The latest addition to the “In Context” series, it combines real-world relevance with a thorough grounding in multiple economic paradigms. The book’s companion website is available at: http://www.bu.edu/eci/education-materials/textbooks/macroeconomics-in-context/