Publisher's Synopsis
For courses in Intermediate MacroeconomicsHelp students understand macroeconomics in theory as well as practiceMacroeconomics: Policy and Practice, Second Edition draws on the rich tapestry of recent economic events to help students understand the policy issues debated by the media and the public at large during these trying times. Building on his expertise in macroeconomic policy making at the Federal Reserve, author Frederic S. Mishkin provides detailed, step-by-step explanations of all models and highlights the techniques used by policy makers in practice. This text provides a better teaching and learning experience-for you and your students. It will help you to: Enable students to connect theory to practice: An aggregate demand and supply model helps students understand theory, while numerous examples help them understand the applications of theory. Foster interest via engaging features and updated content: Updates that reflec