Macroeconomics

About this book

In the Eighth Edition of Macroeconomics, Robert Gordon sets forth an imaginative treatment of the world economic crisis and an authoritative explanation of the performance of the US economy in the 1990s, while maintaining his tried-and-true exposition of macroeconomic theory. In this new revision, the author retains and refines the pedagogical features that have helped a whole generation of students to learn macroeconomics. Hallmarks of the Gordon text, such as its strong international focus, emphasis on real-world applications, and early, unified treatment of the IS-LM model, have earned it extensive praise from instructors and students alike. The Eighth Edition includes coverage of the most current domestic and international issues, including the Goldilocks' American economy of the 1990s (not too hot' or too cold' but just right'), the federal government budget surplus, the Asian financial crisis, and the Euro, making this one of the most current texts available.*Unity from beginning to end. Six central macro concepts are introduced in Chapter 1 and 'wrapped up' in Chapter 18. More integration of the puzzles throughout the text in the eighth edition*Currency. For example, new