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Welcome to Modern Macroeconomics, This textbook was written to increase student access to high-quality learning materials, maintaining highest standards of academic rigor at little to no cost. Modern Macroeconomics covers the scope and sequence requirements of most introductory macroeconomics courses. The text includes many current examples, which are handled in a politically equitable way.The book that covers the breadth of economics topics and also provides the necessary depth to ensure the course is manageable for instructors and students alike. We strove to balance theory and application, as well as the amount of calculation and mathematical examples.The outcome is a balanced approach to both Keynesian and classical views, and to the theory and application of economics concepts. The edition has been thoroughly revised to increase clarity, update data and current event impacts, and incorporate the feedback from many reviewers and adopters.
Thomas E. Johnson is a former Stake President of the Wilmette, Illinois Stake and Bishop of the Chicago First Ward of The Church of Jesus Christ of Latter-day Saints. He also served as a missionary for the Church in Japan. Originally from Nephi, Utah, he attended Snow College, the University of Utah, and Northwestern University Law School in Chicago. He practiced international business law in Chicago for 34 years and is now retired.
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