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Synopsis
Real World Macro, 21st edition , is a lively, thought-provoking supplement to introductory and intermediate macroeconomics textbooks. Real World Macro asks the questions that standard textbooks largely What's so great about growth? Is unemployment "natural"? What's so new about the "New Economy?" Why should inequality matter? Along with covering the basics-monetary and fiscal policy, productivity and investment, inflation and unemployment- Real World Macro includes a chapter on major controversies in macroeconomics, such as the legacy of Keynesianism in the United States and the basics of Marxist economic theory. It also takes a look at international trade and finance, covering such topics as the debt crisis and arguments for and against "free trade." The newly updated and revised 21st edition contains new chapter introductions reviewing the concepts examined in each article, discussion questions relating them to a standard textbook, updated tables and appendices, and new articles addressing the latest real world issues and controversies. While Real World Macro is a great supplement to any mainstream text, its articles have also been keyed to David Colander's popular textbook, Economics , and its macroeconomics "split."
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