9780074714386: Macroeconomics
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This is a new Australian adaptation of the latest US edition of the best-selling Dornbusch's "Macroeconomics 8/E". The Australian edition closely follows the basic structure of the International edition but has been extensively 'Australianised'. The chapters on the open economy have been extended to include information on the Asian and New Zealand economies and two chapters have been added to emphasise the international perspective. The book can be used for a variety of courses, ranging from an overview through to an in-depth study with either a Keynesian or Classical focus. Through the use of selected chapters, it is also ideal for business school courses. Straightforward explanations and an emphasis on concepts make the text accessible for most students. Extensive footnotes referencing the latest research and additional reading, together with 'optional', more difficult sections, cater for those wishing to undertake a deeper study of the topic.

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About the Author:
RUDI DORNBUSCH (19422002) was Ford Professor of Economics and International Management at MIT. He did his undergraduate work in Switzerland and held a PhD from the University of Chicago. He taught at Chicago, at Rochester, and from 1975 to 2002 at MIT. His research was primarily in international economics, with a major macroeconomic component. His special research interests included the behavior of exchange rates, high inflation and hyperinflation, and the problems and opportunities that high capital mobility pose for developing economies. He lectured extensively in Europe and in Latin America, where he took an active interest in problems of stabilization policy, and held visiting appointments in Brazil and Argentina. His writing includes Open Economy Macroeconomics and, with Stanley Fischer and Richard Schmalensee, Economics.

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