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Macroeconomics is the study of the economy at the national and global levels, on how it behaves and the factors behind its performance. The relevant issues included economic growth and business cycles, inflation and employment, interest rates and exchange rates, government policies and international interactions. A good understanding of macroeconomics can guide the government set appropriate policies and help businesses estimate the business environment. It also provides individuals a good sense of citizenry. This course covers the main concepts and ideas in macroeconomics and relates them to current affairs in the major economies.
The book covers the scope and sequence of most introductory economics courses. The text includes many current examples, which are handled in a politically equitable way. The outcome is a balanced approach to the theory and application of economics concepts.
