Macroeconomics 4th Canadian Edition by Stephen D.Williamson
ISBN 9780321733979
This book follows a modern approach to macroeconomics by building macroeconomic models
from microeconomic principles. As such, it is consistent with the way that macroeconomic research
is conducted today.
This approach has three advantages. First, it allows deeper insights into economic growth
processes and business cycles, the key topics in macroeconomics. Second, an emphasis on microeconomic
foundations better integrates the study of macroeconomics with approaches that students
learn in microeconomics courses and in economics field courses. Learning in macroeconomics and
microeconomics thus becomes mutually reinforcing, and students learn more. Third, in following
an approach to macroeconomics that is consistent with current macroeconomic research, students
will be better prepared for advanced study in economics.
