<p><strong>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.</strong></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 two-volume text represents a common sense approach to basic macroeconomics. Volume one <em>Elements and Principles</em> delivers clear statements of essential economic principles supported by easy to understand examples and uncluttered by extraneous material; the goal is to provide a concise readable primer that covers the substance of macroeconomic theory.</p><p>This book covers</p><p></p>