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Macroeconomics: A Contemporary Introduction, Eighth Edition

Macroeconomics: A Contemporary Introduction, Eighth Edition
Author: William A. McEachern
ISBN 13: 9780324579505
ISBN 10: 324579500
Edition: 8th
Publisher: South-Western Cengage Learning
Publication Date: 2008-01-08
Format: Paperback
Pages: 512
List Price: $313.95

McEachern (economics, U. of Connecticut) has written the materials in this introductory level textbook in a more natural and personal way, in order to make the text student-friendly and to draw students into a collaborative discussion of the topics. The new edition includes added emphasis on the laws, customs, conventions, and other institutional elements that encourage production and exchange; additional treatment on banking trends, banking troubles in Japan, monetary policy in the short and long runs, discretionary fiscal policy, and the current recession; additional material on the growing impact of the world economy on U.S. economic welfare; and additional visual elements throughout the text. The accompanying CD-ROM provides access to supplemental online learning tools. Annotation c. Book News, Inc., Portland, OR (booknews.com)


A text/CD-ROM package for a first course in macroeconomics. Early chapters cover macro- and microeconomics foundations, and later material uses the aggregate demand and aggregate supply models to underscore the difference between active and passive approaches to the economy. Pages are designed to be reader friendly, with color photos and graphics, plus margin terms and case studies. Pedagogical features include chapter summaries, review questions, problems, experiential exercises, and mathematical appendices with exercises, as well as notes on web sites, and a 12-page guide to reading the . Many exercises require students to consult the and the Internet. The CD-ROM contains study tools and graphing tutorials. This fifth edition contains expanded international material. Economic jargon has been reduced. The author is a professor of economics at the University of Connecticut. Annotation c. Book News, Inc., Portland, OR (booknews.com)