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Macroeconomics (10th Edition), by Robert J. Gordon
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At a time when so many pivotal economic issues are closely tied to the business cycle and monetary-fiscal policy, Robert Gordon provides critical insight into the American and global economy. Macroeconomics builds from an early emphasis on business cycles and monetary-fiscal policy, in both the closed and open economy, to a dynamic analysis of aggregate demand and supply shocks as the causes of inflation and unemployment. Gordon then discusses economic growth using theory and real-world examples to compare rich and poor countries before examining economic growth in the United States. In the Tenth Edition, Gordon tightens the overall framework of chapters, introduces four-color pedagogy, and prepares students to join in discussion and debate about the latest issues including the jobless recovery, recent tax cuts, globalization, and the 'explosion' of U.S. productivity growth.
- Sales Rank: #1022168 in Books
- Published on: 2005-07-24
- Original language: English
- Number of items: 1
- Dimensions: 10.22" h x 1.20" w x 8.22" l,
- Binding: Hardcover
- 672 pages
Most helpful customer reviews
5 of 8 people found the following review helpful.
Worst book for starters
By Sunil Kumar Singh
This is the required text book at Santa Clara University and I can't overemphasize how badly the book is written. The questions and problems are not directly related to the content in that chapter. He refers to pictures a few chapters back easily. The way the material is presented is just impossible to grasp. In some of the problems, he gives the value of a variable and asks a question about what is the value of that variable.
6 of 10 people found the following review helpful.
Excellent book that explains concepts clearly
By F. C.
I am afraid that people who cannot understand this book have low IQs or poor reading skills. They are not qualified to read this book. Do not expect a first-grader to evaluate a university professor.
This is an excellent book. It clearly explains major concepts in the macroeconomics. With the help of this book, now I am able to understand many economic issues. I can discern some nonsense in daily discussions. Do not listen to anyone who talks about economics issues but still cannot understand this book.
1 of 2 people found the following review helpful.
Macroeconomics
By svetik3412
This book is Ok; Clear definitions and example explanations. Doesn't matter that it's old edition, the macroeconomics concept is the same, so you can use this edition instead of the expensive new one.
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