ABSTRACT
Essentials of Economics in Context is specifically designed to meet the requirements of a one-semester introductory economics course that provides coverage of both microeconomic and macroeconomic foundations. It addresses current economic challenges, paying specific attention to issues of inequality, globalization, unpaid work, technology, financialization, and the environment, making the text a genuinely twenty-first century introduction to economics.
Aspects of history, institutions, gender, ethics, and ecology are integrated throughout the text, and economic analysis is presented within broader themes of human well-being, and social and environmental sustainability. Theoretical expositions in the text are kept close to reality by integrating numerous real-world examples and by presenting the material in the recognized accessible and engaging style of this experienced author team.
Key features of Essentials of Economics in Context include:
• an inclusive approach to economics, where the economy is analyzed within its social and environmental context
• an innovative chapter examining data on various economic indicators
• focus on goals of human well-being, stability, and sustainability, and inclusion of core and public
purpose spheres, instead of solely focusing on market activities
- a wealth of online materials such as slides, test banks, and answers to exercises in the book
This text is the ideal resource for one-semester introductory economics courses globally.
The book's companion website is available at: https://www.bu.edu/eci/education-materials/textbooks/essentials-of-economics-in-context/
TABLE OF CONTENTS
part I|77 pages
The Context for Economic Analysis
part II|163 pages
Microeconomic Analysis
part III|163 pages
Macroeconomic Theory and Policy
chapter Chapter 12|28 pages
Aggregate Supply, Aggregate Demand, and Inflation
part IV|149 pages
The Global Economy, Development, and Sustainability