This updated edition reflects changes and developments in the field of macroeconomics. This is a solved-problems outline for standard undergraduate and graduate economics courses in colleges and MBA programs. New topics included are national income accounting, lags in demand stabilization, the Phillips curve and monetarist macroeconomics. Over four-hundred solved and supplementary problems are included.

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The learn-by-doing approach of this powerful study guide helps students master one of the most difficult courses required in most colleges and universities--traditionally one of the most important courses in all economics and business curricula. Every chapter fully illustrates theories, principles or backgrand information and includes multiple-choice review questions with answers.