Rethinking Macroeconomics: A History of Economic Thought Perspective by John F.

Rethinking Macroeconomics by John F. McDonald

Estimated delivery 3-12 business days

Format Hardcover

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Description Rethinking Macroeconomics: A History of Economic Thought Perspective introduces students to the key schools of thought in macroeconomics, equipping them with the knowledge needed for a true understanding of today's economy.

Publisher Description

Macroeconomics has always played host to contesting schools of thought, but recent events have exacerbated those differences. To fully understand the subject, students need to be aware of these controversies. Rethinking Macroeconomics: A History of Economic Thought Perspective introduces students to the key schools of thought, equipping them with the knowledge needed for a true understanding of today's economy.The text guides the reader through multiple approaches to macroeconomic analysis before presenting the data for several critical economic episodes, all in order to explore which analytical method provides the best explanation for each event. It covers key background information on topics such as the basics of supply and demand, macroeconomic data, international trade and the balance of payments, the creation of the money supply, and the global financial crisis. This anticipated second edition contains new chapters on Modern Monetary Theory, the Japanese economy, the European Union, and the COVID-19 crisis, bringing the story up to date and broadening the international coverage. Offering the context that is missing from existing introductory textbooks, this work encourages students to think critically about received economic wisdom. This is the ideal complement to any introductory macroeconomics textbook and is ideally suited for undergraduate students who have completed a principles of economics course.The book is fully supported with additional online resources, which include lecture slides and an instructor manual.

Author Biography

John F. McDonald is Adjunct Professor of Economics at Temple University, Emeritus Professor of Economics at the University of Illinois at Chicago, and Gerald W. Fogelson Distinguished Chair in Real Estate Emeritus at Roosevelt University.

Details ISBN 0367763583 ISBN-13 9780367763589 Title Rethinking Macroeconomics Author John F. McDonald Format Hardcover Year 2021 Pages 240 Edition 2nd Publisher Taylor & Francis Ltd GE_Item_ID:133254594; About Us

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