Master the principles of economics, and gain an understanding of current economic situations with the solid introduction and policy-based examples and applications found in MACROECONOMICS: PRINCIPLES AND POLICY, 13E. Written by two of the most respected economists in the world, this edition provides significant updates that reflect the latest economic situations and timely economic data. The authors combine the right level of rigor and detail to clarify even the most complicated concepts. Well-developed examples, intriguing puzzles and meaningful economic issues provide a good balance of theory to application.
The study guide assists students in understanding the text's main concepts. It includes learning objectives; lists of important concepts and terms for each chapter; quizzes that help students test their understanding and comprehension of concepts; multiple-choice tests for self-understanding; lists of supplementary readings and study questions for each chapter; "Economics in Action" sections that use current news articles to illustrate economics concepts; "Economics Online" exercises that outline useful Internet and Web sources for economic data and interaction.
The study guide assists students in understanding the text's main concepts. It includes learning objectives; lists of importnat concepts and terms for each chapter; quizzes that help students test their understanding and comprehension of concepts; multiple-choice tests for self-understanding; lists of supplementary readings and study questions for each chapter; "Economics in Action" sections that use current news articles to illustrate economics concepts; "Economics Online" exercises that outline useful Internet and Web sources for economic data and interaction.
This text is well known for using the Keynesian model in the teaching of economics; yet in recent editions, the authors have expanded coverage of the growth model considerably to achieve more balanced coverage. The text uses the aggregate supply/ aggregate demand model as a fundamental tool for learning macroeconomics. It achieves the right level of rigor and detail, presenting complicated concepts in a relatively straightforward manner and using timely economic data. Using puzzles, issues, and well-developed examples, the authors provide a good balance of theory to application. ThomsonNOW is available with the 2007 Update edition and two new sets of end of chapter questions have been added as well to help students prepare for exams: "Test Yourself" and "Discussion Questions".
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