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
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