'Macroeconomic: Theory, Models and Policy is focused on the material that students need to cover in a first introductory course. It is slightly more compact than the majority of introductory macroeconomics books in the Canadian marketplace. Decades of teaching experience and textbook writing has led the authors to avoid the encyclopedic approach that characterizes the recent trends in textbooks.
Consistent with this approach, there are no appendices or ‘afterthought’ chapters. If important material is challenging then it is still included in the main body of the text; it is not relegated elsewhere for a limited audience; the text makes choices on what issues and topics are important in an introductory course. This philosophy has resulted in a Macro book of just 15 chapters, with three introductory chapters and the International Trade chapter, common to both Micro and Macro.
Examples are domestic and international in their subject matter and are of the modern era – financial markets, monetary and fiscal policies aimed at inflation and debt control, globalization and the importance of trade flows in economic structure and concerns about slow growth and the risk of deflation are included.
The title is intended to be informative. Students are introduced to the concepts of models early, and the working of such models is illustrated in every chapter. Calculus is avoided; but students learn to master and solve linear models. Hence straight line equations and diagrams are introduced early and are used throughout. '
Type of Material:
Open (Access) Textbook
Recommended Uses:
This can help the instructor to use each chapter as an introductory or summary note when introducing and/or completing Macroeconomics concepts in class.
This is useful to the students as a supplementary reading prior to the commencement of classes to get a feel for the content on Macroeconomics and/or as cliff notes when reviewing the key concepts of Macroeconomics.
Technical Requirements:
Browsers: Internet Explorer or Firefox or Chrome; Adobe for pdf download.
Identify Major Learning Goals:
The student will be able to solidify his/her understanding of Macroeconomic concepts with respect to theories, models and policies.
Potential future students will be able to get a feel for the subject prior to registering for Macroeconomic classes.
Target Student Population:
Introduction to Macroeconomics, Principles of Macroeconomics, and/or Business Students
Non-economics or Non-business students taking an Economics and/or Business course as a minor in Macroeconomics.
Prerequisite Knowledge or Skills:
Basic computer, reading and math skills
Content Quality
Rating:
Strengths:
The main strength of this pdf-book is the clear and clean display of the content for each chapter.
It is consistently laid out with a chapter objectives at the beginning, followed by content that is broken up with excellent numerical and graphical examples to the related concepts that is covered further down the chapter.
Each chapter ends with ‘Key Concepts’ section and ‘End of chapter exercises’ questions before concluding with a glossary section at the end of the file.
Concerns:
There is no faculty resource support items like a powerpoint slides, question banks and exam templates,
The students don't have any supporting resources like an online homework system, nor the solutions to the end of the chapter questions.
Potential Effectiveness as a Teaching Tool
Rating:
Strengths:
The 15 chapters on Macroeconomics are building blocks of one another.
The instructor could use these pdfs as the actual textbook reading when completing the concepts in class.
The instructor could provide the link to this e-book as supplementary reading prior to the commencement of classes so that students can get a feel for the content on Economics or before starting on a new chapter for the course.
Concerns:
The content involves mathematical calculations and lack relating the concepts to current events in the economy.
This can be challenging to students with a weak math and general knowledge background.
Ease of Use for Both Students and Faculty
Rating:
Strengths:
The pdf-book is free and made available only as a pdf download.
The material is presented in a logical, easy to follow fashion
Concerns:
It is neither engaging nor interactive which could make it difficult for students to retain the concepts learned.
Perhaps, the questions could be interpersed throughout the content of the chapter to break the monotony of reading and to aid in retention of concepts.
Unable to view on a website, nor able to run on e-reading devices like Kindle, Nook, and Apple iPad/iBooks.
When you go to the material, there is no table of content view with links for the textbook.
One cannot view the chapters or sections within the chapters then select the chapter or page one wants to view.
Creative Commons:
Search by ISBN?
It looks like you have entered an ISBN number. Would you like to search using what you have
entered as an ISBN number?
Searching for Members?
You entered an email address. Would you like to search for members? Click Yes to continue. If no, materials will be displayed first. You can refine your search with the options on the left of the results page.
Searching for Members?
You entered an email address. Would you like to search for members? Click Yes to continue. If no, materials will be displayed first. You can refine your search with the options on the left of the results page.
