Basic Macroeconomics

<p><em style=color: rgba(51 51 51 1)>Basic Macroeconomics</em><span style=color: rgba(51 51 51 1)> covers fundamental economic principles by teaching economics in the manner of the hard sciences requiring students to use real data in the application of theory. Students also become familiar with the language of economics as it is used in today's media which enhances their ability to understand current real-world economic issues.</span></p><p><br></p><p><span style=color: rgba(51 51 51 1)>The book is cleanly organized and explains the economy's role in society and how it is measured. Students also learn basic macroeconomic abstractions and how to develop and use basic economic models. The text applies these basic modeling techniques and the data to the conventional sectors of the economy including household business financial government and foreign sectors. The book concludes by examining economic policy and development in today's uncertain world.</span></p><p><br></p><p><span style=color: rgba(51 51 51 1)>The second edition features new information on how the COVID-19 pandemic affected the economy including how federal programs created a safety net and stabilizing force for those who lost their jobs during the health crisis. The book includes new and refreshed graphs figures and data throughout to provide readers with the most up-to-date information.</span></p><p><br></p><p><em style=color: rgba(51 51 51 1)>Basic Macroeconomics</em><span style=color: rgba(51 51 51 1)> is written for the freshman economics student in mind but will also prove helpful to the layperson wishing to better understand the field.</span></p>