Introduction to Macroeconomic Policy

This book has become one of the most widely adopted textbooks for introductory macroeconomics courses both in Britain and elsewhere. It is designed primarily to introduce the reader to the theory of macroeconomic policy. It adopts a non-mathematical treatment and provides a concise and critical analysis of the theory. In addition, the authors relate key macroeconomic concepts to the way in which they are measured in the UK economy.