Income, Employment, and Economic Growth (Eighth Edition)

"An excellent text which any student of economics can read without losing touch with economic phenomena." —Winston Griffin, Bucknell University

For more than thirty years, Wallace C. Peterson has stuck to his guns on two fronts: first that the best way to understand the macroeconomy is to master the Keynesian analytic framework and, second, that too much mathematics spoils the student's appreciation of basic macroeconomic concepts. Through the Keynesian framework, Professor Peterson has shown students how to interpret the macroeconomy and how to understand alternative economic perspectives.