From the major economic crisis to the budget deficits of the United States, the detailed boxes in this text have been updated to convey the life of macroeconomics today and reinforce the lessons from the models, making them more concrete and easier to grasp.
The book is organized in a flexible manner around two central parts: A core and a set of three major extensions. Provides students with a unified view of macroeconomics. Offers increased depth on the subject matter. A flowchart on the front end-paper makes it easy to see how the chapters are organized, and fit within the book’s overall structure.
Current macroeconomic events are integrated into each chapter of the book within the text and detailed boxes. Each box shows students how they can use what they’ve learned to get an understanding of economics in the real-world.