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In addition to fine-tuning and streamlining the prose and the overall presentation of this new edition, the authors have comprehensively updated the text and the applications to reflect recent economic developments and topics of current interest.
The treatment of macroeconomics is divided into four parts: national income and fiscal policy; money, banking, and monetary policy; macroeconomic problems and policies; and international economics. The themes of internationalization and economic growth are also prevalent in the text and are interwoven throughout all four parts.
The major objective in this edition of Macroeconomics is to ensure that students understand the "big picture" of economics, such as inflation, wealth distribution across nations, and levels of unemployment. By introducing these topics using interesting real-world examples, students can better understand an increasingly globalized world. The software package that accompanies the text, which can be used by both students and instructor, is known for its exciting, interactive text-related content.
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