Macroeconomics is a classic textbook that provides a comprehensive and rigorous introduction to the theory and practice of macroeconomic analysis. The authors, who are renowned experts in the field, cover a wide range of topics, such as national income accounting, growth and accumulation, aggregate supply and demand, unemployment, inflation, money and banking, fiscal and monetary policy, international linkages, consumption and saving, investment spending, advanced topics, and more.
The book employs a model-based approach that shows how various models are connected and how they can be used to analyze current economic issues in the context of an economic frame of reference. The book also incorporates the latest research and data, as well as real-world examples and applications. The book is suitable for intermediate-level undergraduate students, as well as graduate students and practitioners who want to deepen their understanding of macroeconomics.
The book is well-written, clear, and engaging, with ample exercises and problems to test the reader’s comprehension and critical thinking skills.