Average Reviews:
(More customer reviews)This textbook is quite a comprehensive of introductory macroeconomics. Great graphs, well-explained, carefully thought out. The one downside is that it is quite idealistic, as one would expect of a neo-classical economist. The author does not recognize flaws in the theories nor does he acknowledge that the real world is not so cut-and-dry and ordered as we would be led to believe. However, as stated before, this is a wonderful introductory text for anyone who wants to understand the economy today.
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Brad Schiller's text, The Macro Economy Today, 12e, is noted for three great strengths: readability, policy orientation, and pedagogy. His accessible writing style engages students and brings some of the excitement of domestic and global economic news into the classroom. Schiller emphasizes how policymakers must choose between government intervention and market reliance to resolve the core issues of what, how, and for whom to produce. This strategic choice is highlighted throughout the full range of micro, macro, and international issues, and every chapter ends with a policy issue that emphasizes the markets vs. government dilemma. Schiller teaches economics in a relevant context, filling his chapters with the real facts and applications of economic life. Schiller is also the only principles text that presents all macro theory in the single consistent context of the AS/AD framework.
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