Macroeconomics: A Contemporary Introduction FROM THE PUBLISHER
This very successful textbook is distinguished by a superior writing style that draws upon common student experiences to introduce economic concepts, making economic theory more accessible and interesting. "Case Studies" and numerous examples take advantage of students' intuitive knowledge of economics, building upon real-life situations. A streamlined design places pedagogy and illustrations directly within the flow of the text, making it less distracting and more useful for students. A fully integrated program of technology enhancements sets this text apart by pairing the book with numerous online multimedia learning tools that have been developed to help the text better serve a wide range of learning styles. The text uniquely integrates classroom use of The Wall Street Journal by including a complimentary student subscription offer, as well as in-text pedagogy to help students learn to analyze the latest economic events as reported in the Journal.
SYNOPSIS
McEachern (economics, U. of Connecticut) has written the materials in this introductory level textbook in a more natural and personal way, in order to make the text student-friendly and to draw students into a collaborative discussion of the topics. The new edition includes added emphasis on the laws, customs, conventions, and other institutional elements that encourage production and exchange; additional treatment on banking trends, banking troubles in Japan, monetary policy in the short and long runs, discretionary fiscal policy, and the current recession; additional material on the growing impact of the world economy on U.S. economic welfare; and additional visual elements throughout the text. The accompanying CD-ROM provides access to supplemental online learning tools. Annotation c. Book News, Inc., Portland, OR (booknews.com)
FROM THE CRITICS
Booknews
A text/CD-ROM package for a first course in macroeconomics. Early chapters cover macro- and microeconomics foundations, and later material uses the aggregate demand and aggregate supply models to underscore the difference between active and passive approaches to the economy. Pages are designed to be reader friendly, with color photos and graphics, plus margin terms and case studies. Pedagogical features include chapter summaries, review questions, problems, experiential exercises, and mathematical appendices with exercises, as well as notes on web sites, and a 12-page guide to reading the . Many exercises require students to consult the and the Internet. The CD-ROM contains study tools and graphing tutorials. This fifth edition contains expanded international material. Economic jargon has been reduced. The author is a professor of economics at the University of Connecticut. Annotation c. Book News, Inc., Portland, OR (booknews.com)
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