The Macro Economy Today

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9780070577152: The Macro Economy Today

Brad Schiller's text, The Macro Economy Today, 12e, is noted for three great strengths: readability, policy orientation, and pedagogy. His accessible writing style engages students and brings some of the excitement of domestic and global economic news into the classroom. Schiller emphasizes how policymakers must choose between government intervention and market reliance to resolve the core issues of what, how, and for whom to produce. This strategic choice is highlighted throughout the full range of micro, macro, and international issues, and every chapter ends with a policy issue that emphasizes the markets vs. government dilemma. Schiller teaches economics in a relevant context, filling his chapters with the real facts and applications of economic life. Schiller is also the only principles text that presents all macro theory in the single consistent context of the AS/AD framework.

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Product Description:

This work explains the principles of macroeconomics by tying economic concepts and theory to illustrations and examples from contemporary world events. This edition has been updated to provide GDP coverage throughout and includes a new introductory chapter on the American economy; a new section entitled "The Economy Tomorrow", which investigates how current issues may colour future economic realities. Topics such as the effect of bank failures, differing prescriptions for managing the macroeconomy, marketable pollution permits and a Euro currency are covered. This book also includes expanded coverage of Keynesian multiplier effects, supply-side policies, budget deficits and global macroeconomics. A study guide (ISBN: 0-07-056304-7) is also available.

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Bradley R. Schiller
Published by Mcgraw-Hill College (1996)
ISBN 10: 0070577153 ISBN 13: 9780070577152
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