Macroeconomics Brief Edition 3rd by Campbell McConnell

Macroeconomics Brief Edition 3rd by Campbell McConnellPrint ISBN: 9781260324808, 126032480Xother ISBN: 9781260324860, 1260324869By: Campbell McConnellPublisher: McGraw-Hill Higher EducationPrint ISBN: 9781260324808, 126032480Xother ISBN: 9781260324860, 1260324869Edition: 3rdCopyright year: 2019What?s New and Improved?One of the benefits of writing a successful text is the opportunityto revise?to delete the outdated and install the new, torewrite misleading or ambiguous statements, to introducemore relevant illustrations, to improve the organizationalstructure, and to enhance the learning aids.We trust that you will agree that we have used this opportunitywisely and fully. Some of the more significantchanges include the following:Updated Discussions of the FinancialCrisis and the RecessionIn the previous edition, we focused on incorporating ananalysis of the financial crisis, the recession, and the hesitantrecovery into our discussions of macroeconomics. This editionreflects more recent developments, including continuedslower than historical economic growth. We found manyways to work the recession into our macro chapters, and areconfident that our basic macroeconomic models will continueto serve well in explaining business cycles and theeconomy?s long-run growth path. The new inclusions relatingto the recession and recovery help students see therelevance of the models to what they are seeing in the newsand perhaps experiencing in their own lives. The overalltone of the book, including the macro, continues to be optimisticwith respect to the long-term growth prospects ofmarket economies.