Written in an informal colloquial style, this student- friendly principles of macroeconomics textbook does not sacrifice intellectual depth in its quest for accessibility. The author s primary concern is to instill ...economic sensibility in the student. Colander emphasizes the intellectual and historical context to which the economic models are applied.
An accessible introductory text, with sections on thinking like an economist, macroeconomic problems, the macroeconomic framework, policy issues, and international policy issues. Pedagogical features include chapter summaries, key terms, review questions, exercises, Web questions, and boxed readings on concepts and real-world applications. This fourth edition is streamlined and reflects changes in the economy and the profession. There is expanded material on the digital revolution and globalization, and a new summary chapter. This edition also removes nonstandard terms and presentations, and focuses on a single model with fewer Keynesian/Classical distinctions. Colander teaches economics at Middlebury College. Annotation c. Book News, Inc., Portland, OR (booknews.com)