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
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.
One of the best introductions to the concepts and principles of economics available. Authors take special care in relating the graphs and abstract ideas into real world situations. Sections are devoted to explaining a principle and then explaining how that principle can be seen/implemented in an actual society. Special care is taken in explaining resource and capital efficiency. I read it to learn Microeconomics before I took Energy and Environmental Economics next semester (without the required prerequisite of Microecon... the professor recommended that I read this book to catch up)
Light on mathematics, and with a more than subtle leftist bias. Good lay exposition if you haven't read any economics texts at the graduate and researcher level.
Intro to microeconomics course. Some of the stuff I could understand, the majority of it went right over my head. Their explanation on formulas used by economists could have been better.