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Macroeconomics Brief Edition 3rd by Campbell McConnell
Print ISBN: 9781260324808, 126032480X
other ISBN: 9781260324860, 1260324869
By: Campbell McConnell
Publisher: McGraw-Hill Higher Education
Print ISBN: 9781260324808, 126032480X
other ISBN: 9781260324860, 1260324869
Edition: 3rd
Copyright year: 2019
What?s New and Improved?
One of the benefits of writing a successful text is the opportunity
to revise?to delete the outdated and install the new, to
rewrite misleading or ambiguous statements, to introduce
more relevant illustrations, to improve the organizational
structure, and to enhance the learning aids.
We trust that you will agree that we have used this opportunity
wisely and fully. Some of the more significant
changes include the following:
Updated Discussions of the Financial
Crisis and the Recession
In the previous edition, we focused on incorporating an
analysis of the financial crisis, the recession, and the hesitant
recovery into our discussions of macroeconomics. This edition
reflects more recent developments, including continued
slower than historical economic growth. We found many
ways to work the recession into our macro chapters, and are
confident that our basic macroeconomic models will continue
to serve well in explaining business cycles and the
economy?s long-run growth path. The new inclusions relating
to the recession and recovery help students see the
relevance of the models to what they are seeing in the news
and perhaps experiencing in their own lives. The overall
tone of the book, including the macro, continues to be optimistic
with respect to the long-term growth prospects of
market economies.
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