This text/CD-ROM provides a grounding in macroeconomics that undergraduates can understand while incorporating the major developments introduced in the last two decades. Material is presented from the viewpoint of general equilibrium theory, data is emphasized in every chapter, and ideas are introdu[...]

"Of all the economic bubbles that have been pricked," the editors of The Economist recently observed, "few have burst more spectacularly than the reputation of economics itself." Indeed, the financial crisis that crested in 2008 destroyed the credibility of the economic thinking that had guided poli[...]