Macroeconomics in Context: A European Perspective

. Three unique features make it outstanding: first, the "contextual" approach – viewing economy as embedded in society, nature, institutions and policies; second, a thorough focus on the European Union; third, a response to the quest for more pluralism in theories, with both Keynesianism and mainstream macro plus related controversies.’ Jan Priewe, Professor (em.), HTW Berlin – University of Applied Sciences, Germany‘For decades there has been a lack of a relevant and pluralist introductory textbook to macroeconomics with a focus on the European economy. which enriches the common narrative of economics by adding further perspectives and analytical approaches without being confusing or too complex. Gaps between economic doctrines and the real world were exposed. ‘This book is a truly Europeanised version of the we

He has published numerous articles on non-market valuation of natural resources, including drinking water quality, water-based recreation and wildlife. Goodwin works towards a contextual economics theory that will have more relevance to contemporary real-world social and ecological concerns than the dominant economic paradigm does. Harris is Director of the Theory and Education Program at the Tufts University Global Development and En

This combination helps to raise students‘ interest in macroeconomics as well as enhance their understanding of the power and limitation of macroeconomic analysis.Visit gdae/europeanmacro/ for online resources for both lecturers and students.. Macroeconomics in Context: A European Perspective lays out the principles of macroeconomics in a manner that is thorough, up to date and relevant to students. Far more than any other existing macroeconomic textbook, this book combines real-world relevance of the topics covered with a strong focus on European institutions and structures within an approach that explains multiple economic paradigms. Policy issues are presented in context (historical, institutional, social, political and ethical), and always with reference to human well-being. This book is divided into four parts, covering the following key issues: The context of economic analysis, including basic macroeconomic statistics and tools; The basics of macroeconomic measurements, including GDP, inflation and unemployment, as well as alternative measures of well-being, and the particular structures of the European economies;