Understanding Macroeconomics

From Preface: Features of This Edition: *State of the art pedagogy. An abundance of case studies introduce and illustrate the subject matter of every chapter. *Integrated international economics. As the world economy itself comes closer together, international economics must be more closely integrated into the principles course. Accordingly, topics in international economic theory and policy, ranging from balance of payments accounts to the foreign exchange operations of the Fed, are introduced in the chapters in which they occur naturally, rather than presented separately in a single chapter.