Principles of Economics in Context

Principles of Economics in Context, 2nd Edition, is an introductory textbook combining microeconomics and macroeconomics for a full-year course. Published by Routledge, the volume integrates theoretical foundations with real-world applications by uniting the material from Microeconomics in Context and Macroeconomics in Context.

The volume addresses core analytical tools alongside critical issues such as ecological sustainability, distributional equity, the quality of employment, and living standard adequacy. It also covers contemporary topics including behavioral economics, public goods, and the economics of renewable energy.

To reinforce key concepts, discussion questions appear at the end of each section, encouraging prompt review and relating theoretical concepts to student experience.