Description

Making Sense of Macroeconomics provides students with a comprehensive introduction to the study and application of economics at the macro level.

The book begins with an in-depth overview of macroeconomics, including why we study economics, the government's role in macroeconomics, the requirements of a good economy, and more. In later chapters, students learn about the production of goods, the laws of supply and demand, inflation, employment and unemployment, and various economic theories. Additional chapters address gross domestic product, multipliers, government spending and deficits, banks and other financial institutions, and the supply and demand of money. The text closes with a chapter dedicated to international economics.

Designed to serve as a complete and highly practical guide to the discipline, Making Sense of Macroeconomics is an ideal resource for foundational courses in macroeconomics.

John P. Herzog is an instructor of economics and finance at the University of Dayton, where he teaches courses in principles of macroeconomics, business finances, financial analysis and markets, managerial economics, and microeconomics. He earned his bachelor's degree and master's degree in business administration from Wright State University.