This text offers an introductory approachto the principles of macroeconomics, integrating contemporary economics into the traditional curriculum. This revised edition places an emphasis on the internet economy and information technology.
Joseph Stiglitz has written an excellent introduction to macroeconomics, including a complete introduction to ISLM economic theory at full employment and with significant unemployment. There is an excellent introduction to monetary theory by this nobel laureate economist and former official of the World Bank. This is a book that undergraduates students and teachers can appreciate. Conservative proponents should recognize that learning from a master economist no less worthy than appreciating the wisdom J.M. Keynes or James Tobin.
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