Publisher's Synopsis
In the Eighth Edition of Macroeconomics, Robert Gordon provides an authoritative explanation of the performance of the U.S. economy in the 1990s, while focusing on real-world applications of the core theory. In this new revision, the author retains and refines the pedagogical features that have helped a whole generation of students to learn macroeconomics. Hallmarks of the Gordon text, such as its strong international focus, emphasis on real-world applications, and early, unified treatment of the IS-LM model have earned it extensive praise from instructors and students alike. The Eighth Edition includes coverage of the most current domestic and international issues, including the "Goldilocks" American economy of the 1990s (not "too hot" or "too cold" but "just right"), the federal government budget surplus, the Asian financial crisis, and the euro, making this one of the most current texts available.
