At a time when so many pivotal economic issues are closely tied to the business cycle and monetary-fiscal policy, Robert Gordon provides critical insight into the American and global economy.
Macroeconomics builds from an early emphasis on business cycles and monetary-fiscal policy, in both the closed and open economy, to a dynamic analysis of aggregate demand and supply shocks as the causes of inflation and unemployment. Gordon then discusses economic growth using theory and real-world examples to compare rich and poor countries before examining economic growth in the United States.
In the Tenth Edition, Gordon tightens the overall framework of chapters, introduces four-color pedagogy, and prepares students to join in discussion and debate about the latest issues including the jobless recovery, recent tax cuts, globalization, and the `explosion’ of U.S. productivity growth.
- ISBN10 0321293754
- ISBN13 9780321293756
- Publish Date 28 September 2005
- Publish Status Out of Print
- Out of Print 19 September 2005
- Publish Country US
- Imprint Prentice Hall
- Edition 10th edition
- Format Hardcover
- Language English