Macroeconomics in Context: A European Perspective

Macroeconomics in Context: A European Perspective
by Sebastian Dullien, Neva Goodwin, Jonathan M. Harris, Julie A. Nelson, Brian Roach, & Mariano Torras

Macroeconomics in Context: A European Perspective is the European edition of Macroeconomics in Context. It lays out the principles of macroeconomics in a manner that is thorough, up to date and relevant to students. With a clear presentation of economic theory throughout, this latest addition to the bestselling “In Context” set of textbooks is written with a specific focus on European data, institutions and historical events, offering engaging treatment of high-interest topics, including sustainability, Brexit, the euro crisis and rising inequality. Policy issues are presented in context (historical, institutional, social, political and ethical), and always with reference to human well-being.

Supplementary Materials

Additional material available for download:

  • Excel tables for national accounts and balance of payments for individual EU countries, as well as additional graphs with time series for GDP, unemployment and inflation. 
    See data
  • A full set of PowerPoint lecture presentations. See PowerPoints


  • Contact us for access to test banks and lecture notes

Book Presentation at FMM Conference

For Instructors
For a free exam copy, please contact Routledge, the publisher.

Contact us for instructor resources and access to test banks. Please provide verification of your instructor status (e.g. a link to your bio at your institution).

Purchase the book
List price: £39.99, €45
Hard copy:, Routledge


‘For decades there has been a lack of a relevant and pluralist introductory textbook to macroeconomics with a focus on the European economy. The European edition of Macroeconomics in Context fills this gap, and I hope it will be widely used in classrooms.’ — Eckhard Hein, Professor of Economics and Co-Director of the Institute for International Political Economy (IPE), Berlin School of Economics and Law, Germany

‘The long financial and economic crisis was a test for governance but also science. Gaps between economic doctrines and the real world were exposed. This book offers a fresh and accessible introduction to the principles and methods of macroeconomics and builds on them a lucid overview of current policy issues from euro area imbalances to sustainable growth.’ — László Andor, Head of Department of Economic Policy (Corvinus University), former EU Commissioner for Employment, Social Affairs and Inclusion

‘This book is a truly Europeanised version of the well-established introductory textbook by Goodwin et al. which enriches the common narrative of economics by adding further perspectives and analytical approaches without being confusing or too complex. The European version contains a wealth of new content on debt and deficits, economic policies, institutions and actors in the European Union. The book will surely support students in gaining a profound, practical and multi-angled knowledge of economic issues which they can apply to understand and analyse real-world phenomena, like the emergence and evolution of the recent financial and euro crises which has so dramatically influenced European economies.’ — Prof. Dr. Torsten Niechoj, Rhine-Waal University of Applied Sciences, Kamp-Lintfort, Germany

‘An excellent source for lecturers who are struggling with teaching economics inside the straightjacket offered by the usual mainstream textbooks; it makes both studying and teaching more enjoyable, vision-broadening and real-life embedded by discussing issues within the historical, social and environmental contexts.’ — Assoc.Prof. Derya Gultekin-Karakas, Istanbul Technical University, Turkey

‘The new edition of Macroeconomics in Context is the best English language introductory macro textbook with a focus on Europe. 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

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