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The fundamental goals of this book are to provide an integrated view of macroeconomics, and to make close contact with current macroeconomic events. The book is now organized around two main parts, a core of eleven chapters, followed by a set of three major extensions. The core looks at the short run, the medium run and the long run. The extensions look at expectations, openness and pathologies. Theory and applications are continuously used to explain what is happening around the world. All theoretical material is presented by relating it to the real world. For anyone wanting to further their knowledge of macroeconomics.
Third edition.