Macroeconomics: Theory, Markets And Policy

Macroeconomics: Theory, Markets, and Policy by D. Curtis and I. Irvine provides complete, concise coverage of introductory macroeconomics theory and policy.

The textbook observes short-run macroeconomic performance, analysis, and policy motivated by the recessions of the early 1980s and 1990s, the financial crisis and recession of 2008-2009, and the prolonged recovery in most industrial countries.

A traditional Aggregate Demand and Supply (AD-AS) model is introduced, and a basic modern AD-AS model is developed.

Numerical examples, diagrams, and basic algebra are used in combination to illustrate and explain economic relationships. Students learn about: the importance of trade flows, consumption, and government budgets; money supply; financial asset prices, yields, and interest rates; employment and unemployment; and other key relationships in the economy. Canadian and selected international data are used to provide real world examples and comparisons.

This open book is licensed under a Creative Commons License (CC BY-NC-SA). You can download Macroeconomics: Theory, Markets and Policy ebook for free in PDF format (3.0 MB).