Description
McGraw Hill Macroeconomics by Dornbusch Rudiger and Fischer Stanley and Startz Richard
Dornbusch, Fischer, and Startz has been a long-standing, leading intermediate macroeconomic theory text since its introduction in 1978. This revision retains most of the text’s traditional features, including a middle-of-the-road approach and very current research, while updating and simplifying the exposition. This revision focuses on making the text even easier to teach rom.
Salient Features :
• The story of the Great Recession: New sections include a discussion of the bubbles and bust that led up to the Great Recession, unorthodox monetary policy during the Great Recession as well as the enormous fiscal stimulus, and the reasons we see “jobless recoveries
• Numerous up-to-date examples keep the text current: New boxes include “Who Calls Recessions?,” “The Chinese Growth Miracle,” “The Multiplier in Practice” (a discussion of estimates of empirical multipliers), “What Did Happen When the Interest Rate Hit Zero?
• Thoroughly updated data: Graphs, data tables, and empirical homework questions use the latest data available