Written in a clear and direct style, this is the ideal core
textbook for students who seek a thorough understanding of the
applications of macroeconomic theory. The book combines theoretical
rigour with numerous illustrative examples and engaging policy
discussions. This highly-respected author has developed an
innovative new approach to teaching macroeconomics, based on
combining microeconomic foundations with Keynesian-style short-run
policy analysis to build one unified model. Gottfries'
critically-acclaimed and highly relevant approach reinforces
learning and makes it easier for students to comprehend, providing
the ideal preparation either for work or for further postgraduate
study. The book is perfect for the higher-level intermediate
macroeconomics courses, as well as offering a potential bridge
between undergraduate level study and the step up to postgraduate
and research level theory and content. Key features of this book
include: - A real-world approach that takes into account the many
market imperfections and rigidities that characterize economies in
action. - An international approach using examples from a variety
of world economies, and the ongoing comparison of US, UK and EU
market behaviours. - Theory supported and illustrated by the
presentation and analysis of real-world data. - Detailed coverage
of both long and short run approaches, and the closed and open
economies. Accompanying online resources for this title can be
found at bloomsburyonlineresources.com/macroeconomics. These
resources are designed to support teaching and learning when using
this textbook and are available at no extra cost.
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