MACROECONOMICS AND MACROECONOMICS SIXTH EDITION UPDATE BOOKLET 2008-2009

ABEL, BERNANKE, AND CROUSHORE PRESENT MACROECONOMIC THEORY IN A WAY THAT PREPARES STUDENTS TO ANALYZE REAL MACROECONOMIC DATA USED BY POLICY MAKERS AND RESEARCHERS. WITH A BALANCED TREATMENT OF BOTH CLASSICAL AND KEYNESIAN ECONOMICS, THE COMPREHENSIVE COVERAGE MAKES IT EASY FOR INSTRUCTORS TO ALIGN CHAPTERS TO FIT THEIR OWN SYLLABI. STUDENTS IN THIS COURSE OFTEN STRUGGLE TO SEE HOW THE MACROECONOMIC MODELS COMPARE TO ONE ANOTHER, AND FIT INTO THE BIG PICTURE. THIS TEXT USES A UNIFIED APPROACH BASED ON A SINGLE ECONOMICS MODEL THAT PROVIDES STUDENTS WITH A CLEAR UNDERSTANDING OF MACROECONOMICS AND ITS CLASSICAL AND KEYNESIAN ASSUMPTIONS. IT INCLUDES THE LATEST WORK IN MONETARY POLICY AND RESEARCH AND OFFERS WORKED EXAMPLES TO STUDENTS LEARNING THE IS-LM MODEL. THE SIXTH EDITION UPDATE CONSISTS OF THE SIXTH EDITION OF MACROECONOMICS AND THE 2008 2008 UPDATE BOOKLET, WHICH IS CORRELATED TO SIXTEEN KEY CHAPTER TOPICS WITH RESOURCE MATERIAL INCLUDING SPEECHES, REPORTS, OR TESTIMONY, MOST