Principles of Macroeconomics
Book (italiano):
<P>Principles of Macroeconomics by Howard J. Sherman and Michael A. Meeropol differs from other texts in that this book stresses far more the inherent instability of the macro-economy. The details of the business cycle come early and are integrated throughout the core of usual macro topics (C, I, G, X). The book puts inflation into its proper perspective by recognizing that unemployment is the much greater threat to the economic well being of the vast majority of the people. Instead, unemployment and its human toll are given far greater emphasis than in other texts. The Keynesian model is fully developed; so is the statistical analysis of Wesley Mitchell. The neoclassical model is covered both in its historical evolution and in its implications for current policy debates. Finally, there is strong coverage of the Euro-zone crisis and its linkages to the United States.</P><P>An online Instructor's Manual and Test Bank are available for adopting professors and an additional chapter on Supply and Demand is available free online for students.</P>
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