Macroeconomics

This new edition of a popular text for courses in intermediate macroeconomics develops the modern equilibrium, or market clearing approach. Revisions include a simpler, more intuitive presentation, expanded coverage of the labor market, and substantial updating and simplification of chapters on investment, money and business fluctuations, and the Keynesian model. Clear and logical information is presented free of unnecessary jargon or complex mathematics that is both internally consistent and applicable to the real world. This book provides numerous charts and tables to support and illustrate.