Macroeconomics

Robert J. Rossana is Professor of Economics, Department of Economics, Wayne State University, Detroit, USA.

"Rossana has written a book that explains Macroeconomics very lucidly and in a very reader-friendly style. Covering Macroeconomics in a fair and balanced way with models from the major macroeconomic schools of thought and providing micro-foundations to the models, the book will be the text of choice for students who want to learn Intermediate Macroeconomics." – Tan Kim Heng, Nanyang Technological University"This text is about making learning happen for students studying macroeconomics. It strikes the right balances between learning and applying economics. Macroeconomic theory is explained in a straightforward way and is brought to life using empirical evidence. The text enables students to do economics by using copious examples to aid students work through a variety of policy exercises. I recommend this book for students undertaking a single honours or joint degree in economics related courses as well as a useful resource for Post Graduate students." – Dr. Offiong Helen Solomon, London Metropolitan University, UK"This book is well written, and introduces students to the microeconomic foundations of macroeconomics. It contains many real world applications that demonstrate the relevance of macroeconomics to everyday life." – Prof. Joseph DeJuan, University of Waterloo, Canada

• Part 1: Preliminary Concepts and Measurement, 1. An Introduction to Macroeconomics, 2. Measuring Macroeconomic Data, 3. Business Cycle Measurement, Part 2: Microfoundations, 4. Consumption, 5. Investment, 6. Government, 7. Money, 8. The Labor Market, Part 3: Long Run Models of the Economy, 9. A Classical Model of the Aggregate Economy, 10. Economic Growth, Part 4: Short Run Models of the Economy, 11. Aggregate Demand, 12. Models of Cyclical Fluctuations, 13. The Phillips Curve and Expectation Formation, 14. Macroeconomic Policy, 15. Macroeconomics in an Open Economy