Macroeconomics is widely praised for its ability to present theory as a way of evaluating key macro questions such as why some countries are rich and others are poor.Students have a natural interest in what is happening today and what will happen in the near future.Macroeconomics capitalises on their interest by beginning with business cycles and monetary-fiscal policy in both closed and open economy. After that Gordon presents a unique dynamic analysis of demand and supply shocks as causes of inflation and unemployment followed by a dual approach to economic growth in which theory and real-world examples are used to compare rich and poor countries.Read more
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