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Macroeconomics in Context

The First Edition of Macroeconomics in Context is now available from M.E. Sharpe!

Purchase the text for $49.95, or order your free examination copy, directly from M.E. Sharpe.

All supplemental materials for Macroeconomics in Context are available for download here on GDAE's website at no cost.

Now available: Updated figures for Chapters 9, 10, and 11 that include data for the 2007-09 recession. Available as a PDF file and as PowerPoint slides.

Education in macroeconomics should include critical issues such as macroeconomic stabilization, distributional equity, the quality of employment, environmental considerations, and the adequacy of living standards. Macroeconomics in Context, while including coverage of standard concepts and models, focuses on these crucial aspects of human well-being. Emphasizing writing that is compelling, clear, and attractive to students, it also includes serious investigation of the environmental impacts of economic growth and the role of unpaid work in economic life. It is the companion textbook to Microeconomics in Context.


"After reviewing 14 macroeconomics textbooks, looking for an alternative to obsolete ideas of infinite GDP growth with little consideration of environment or social costs, I selected Macroeconomics in Context for my course this year. This was the only book I found which covers mainstream theory, while putting it into a social and environmental context; a much needed updated approach to macroeconomics."

Gary Flomenhoft
University of Vermont

"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, students readily see why and how economics is important to learn."
Valerie Luzadis
SUNY-ESF, Syracuse

Frequently Asked Questions about Macroeconomics in Context

How can I get the textbook and supplementary materials?

Instructor examination copies and student copies of Macroeconomics in Context, First Edition are available from M. E. Sharpe. The Table of Contents can be viewed here, as well as Sample Course Outlines that suggest how a course could be tailored to emphasize various concerns (such as neoclassical concepts, ecological issues, behavioral economics, and more).

A complete set of supplementary materials is available for free download here on GDAE's website. On our Macroeconomics in Context Supplementary Materials page, you and your students can access the Student Study Guide and the full set of PowerPoint slides. Instructor-specific supplementary materials, available only to verified instructors, include a First Edition Instructor's Resource Manual and a comprehensive Test Bank. To obtain access to the instructor materials, please e-mail us at gdae@tufts.edu. Also contact us at gdae@tufts.edu if you use Aplia (an on-line homework service) with your courses, and would like to be part of an Aplia user's group for this textbook.

Who are the authors?

The authors of Macroeconomics in Context are Neva Goodwin, Julie A. Nelson, and Jonathan Harris, with contributions by Brian Roach and James Devine.

How did this book come to be written?

We believe that a new approach to teaching economics is urgently needed. We call this approach "contextual economics" because it presents the economy as embedded in its physical and social contexts. A companion text, Microeconomics in Context, was written first. We then sponsored the "Rethinking Macroeconomics" conference in 2002 - our first step towards the creation of Macroeconomics in Context.

I'm not able to switch to another textbook. How can I incorporate social and environmental issues in my macroeconomics course?

Three chapters of Macroeconomics in Context are also available as self-contained teaching modules, suitable for use in courses based on other texts.

What happened to the on-line Preliminary Edition?

As of the publication of the First Edition of Macroeconomics in Context by M.E. Sharpe, we've removed the on-line Preliminary Edition from our website. The text is now available only in print form.

How does the First Edition differ from the Preliminary Edition?

The First Edition has been thoroughly updated and corrected, and now includes coverage of events such as the United States subprime mortgage crisis and recent Federal Reserve actions. A summary of changes is available.

I teach in a low-income country and my students cannot afford to buy a printed textbook. What should I do?

We regret that we cannot maintain on-line access while also publishing the new edition in print. We will continue to seek out opportunities for licensing the book for low-cost publication in other regions. Please let us know if a publisher in your country may be interested in such an agreement. M.E. Sharpe will also distribute the book in many countries through sales agreements it has with other publishers. See their list of sales representatives to find out if there is a distributor for your country or region.

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email: gdae@tufts.edu

 

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