Macroeconomics: The Basics

Macroeconomics: The Basics provides a concise, accessible treatment of the subject, using an economics framework to analyze the theories, policies, and applications of the field.

Organized in six parts, the book covers the most important areas in macroeconomics, including national income, unemployment and inflation, economic growth, savings, investment, the financial system, money and banking, money and inflation, aggregate expenditures, aggregate demand and supply, fiscal policy, monetary policy, international trade, and international finance. Written in a highly engaging style by an established economist, each chapter is accompanied by key terminology lists to emphasize the important terms and concepts, as well as further reading suggestions to enable deeper exploration of the specific topics.

Providing the reader with a solid foundation of the basic principles of macroeconomics and establishing a framework for further study, Macroeconomics: The Basics is essential reading for any student or professional interested in learning about the field.

Thomas R. Sadler is Professor of Economics at Western Illinois University. He teaches courses on the Fundamentals of Economic Theory, Environmental Economics, Energy Economics, Principles of Economics, and the Chicago Economy. His research focuses on environmental policy, energy economics, professional sports leagues, and high-performance organizations.