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Acclaimed for its lucid presentation of basic macroeconomic principles and rich array of real-world applications, the sixth edition of this classic text brings macroeconomics to life for students with its compelling public choice approach. The authors' focus stretches beyond the theories of how ideal markets work to the actual arena of political decision-making, interest group influence, and government policies.
This text investigates the intersection of macroeconomic principles and the political mechanisms that influence government economic policy. Authors Robert B. Ekelund and Robert D. Tollison utilize their expertise in economics to present a framework that moves beyond idealized market models. By incorporating public choice theory, the authors analyze how political decision-making and interest group pressures shape the actual implementation of fiscal and monetary policy in real-world environments.
What You Will Find
This text is recognized for its accessible presentation of complex economic theories and its unique integration of political science perspectives. Educators and students frequently highlight the book's effectiveness in bridging the gap between theoretical market behavior and the practical realities of government intervention.
Page Count:
440
Publication Date:
1999-01-01
Publisher:
Longman Pub Group
ISBN-10:
0201918978
ISBN-13:
9780201918977
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