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Adapted by Leigh MacDonald at University of Western Ontario, each chapter in this guide begins with an overview and is followed by a set of matching exercises and multiple-choice questions under Basic Definitions. These are followed by two sets of exercises, Manipulation of Concepts and Models and Applying the Concepts and Models. This is followed by some problems for Explaining the Real World and a set of questions under the heading Possibilities to Ponder. Finally, solutions are provided for all exercises and problems.
An exploration of the macroeconomic aspects of economic growth, business cycles, and monetary and trade policy "Macroeconomics" explains how recent tax cuts have combined with the war on terrorism and slow economic growth to contribute to increasing budget deficits. Also included are discussions of international trade policy, comparative advantage, and outsourcing, as well as valuable Web access to more than 250 minutes of new videos from Paul Solman of the " Lehrer NewsHour."