Macroeconomics - Hardcover

McConnell, Campbell R.; Brue, Stanley L.

3.24

148 ratings by Goodreads

Hardcover

ISBN 10: 0072898410 ISBN 13: 9780072898415

Publisher: McGraw-Hill Inc.,US, 1998

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Known for clarity, patience, balance, and step-by-step presentation of basic economic concepts, ECONOMICS continues to define textbook excellence. Explanations are thorough, and complete; they focus on the principles essential to understanding the basic economizing problem. The language in the 14th Edition has been significantly streamlined, and some introductory material has been shortened, but the book retains McConnell and Brue's most significant pedagogical device: the extra sentences they often include to further reinforce particularly difficult concepts.

Each chapter contains two Web-based exercises. The engaging questions and informative answers teach substantive economic concepts as they develop and reinforce technology-based research skills. Every effort has been made to include Web addresses that will remain active throughout the life of the edition.

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From the Publisher:

Expanded coverage of growth from one chapter to two. Growth has been moved forward to chapters 3 and 4 of the text.
A new chapter (8) on the New Macroeconomics, greatly expands the section from former chapter 1. Covers rational expectations, the unit root of GDP controversy, real business cycles, and new Keynesian sticky price theory.
The two chapters on inflation and unemployment (16 & 17) have been condensed to one (7).
A middle of the road approach by experts. Controversies are explained but conclusions remain neutral.
Classic questions linked to modern treatments.
Dornbusch, a specialist in Latin American economics, and Fischer, First Deputy Managing Director of the International Monetary Fund, speak with authority. Dick Startz, new co-author for 7e, was a graduate student of theirs and teaches at the University of Washington.
International coverage always strong with two updated chapters (12 and 21).

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