"Macroeconomics in Context updates the introductory undergraduate curriculum to address critical concerns of the 21st century, including distributional equity, ecological sustainability, the quality of employment, globalization, and the adequacy of living standards. Unlike most macroeconomics texts, which begin with concepts of efficiency and GDP growth, this book starts with the question of human well-being, and then examines how economic activities can contribute to, or detract from, our well-being."--BOOK JACKET.