A Primer on Macroeconomics

<p><b>This two-volume text represents a common sense approach to basic macroeconomics. Economics far from being the dismal science offers us valuable lessons that can be applied to our everyday experiences.</b></p><p>At its heart economics is the science of choice and a study of economic principles allows us to achieve a more informed understanding of how we make our choices; whether these choices occur in our everyday life our work environment or at the national or international level.</p><p>This second volume <i>Policies and Perspectives</i> delivers clear statements of essential economic principles supported by real-world examples and uncluttered by extraneous material; the goal is to provide a concise readable primer that covers the substance of macroeconomic theory and policy. The author uses a single unifying tool-aggregate demand and aggregate supply analysis-to probe differing perspectives on macroeconomic policies.</p><p>This book discusses: </p><ul><li>fiscal policy and short-run stabilization;</li><li>the financial sector and monetary policy;</li><li>the international sector;</li><li>and the sources of economic growth.</li></ul>