Macroeconomics
Macroeconomics: Principles and Practice is a top-tier, academically challenging text that complements Cengage Learninga s suite of Economics titles. This is Cengage Learning Australiaa s first adaptation of Taylora s Macroeconomics, under the authorship of Bruce Littleboy. Littleboy adapts Taylora s revised reflections on the global financial crisis and how businesses are recovering. Examples of current events from Australia and New Zealand help explain how discussions on the role of the government can affect the economy. Macroeconomics: Principles and Practice is concerned with concepts, intuition and understanding, which sets it apart from competitor texts. Short run approach is introduced first, but there is an early introduction of the long-run, with Taylora s Spending Allocation Model appearing towards the end.