Essentials of Economics in Context

This book provides a modern introduction to economics, focusing on micro and macro foundations while addressing contemporary challenges like inequality and globalization.

The book Essentials of Economics in Context serves as a comprehensive resource tailored for a one-semester introductory economics course. It covers both microeconomic and macroeconomic principles while addressing pressing contemporary economic challenges. This approach ensures that students gain a solid foundation in economic theory while also understanding its real-world applications.

In Essentials of Economics in Context, the authors delve into critical issues such as inequality, globalization, unpaid work, technology, financialization, and environmental concerns. By focusing on these topics, the text provides a modern perspective on economics, making it relevant for today's learners. The integration of historical, institutional, gender, ethical, and ecological aspects throughout the book enriches the learning experience and highlights the interconnectedness of various economic factors.

The text emphasizes the importance of human well-being and social and environmental sustainability, presenting economic analysis within these broader themes. Real-world examples are utilized to keep theoretical discussions grounded and relatable. Key features include a dedicated chapter on economic inequality, discussions on the COVID-19 pandemic's impact on labor markets and inflation, and an inclusive approach that analyzes the economy within its social and environmental context. This makes Essentials of Economics in Context an ideal resource for introductory economics courses worldwide.