Trying to summarize the essentials of macroeconomic theory in the wake of the financial crisis that has shaken not only Western economies but also the macroecon

Macroeconomic policy is one of the most important policy domains, and the tools of macroeconomics are among the most valuable for policy makers. Yet there has b

A significant new edition of a text that offers both tools and sample applications; extensive revisions and seven new chapters improve and expand upon the origi

The tasks of macroeconomics are to interpret observations on economic aggregates in terms of the motivations and constraints of economic agents and to predict t

This text helps lay the groundwork for students to begin doing research in macroeconomics and monetary economics. A series of formal models are used to present