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The book is cleanly organized and explains the economy's role in society and how it is measured. Students also learn basic macroeconomic abstractions and how to develop and use basic economic models. The text applies these basic modeling techniques and the data to the conventional sectors of the economy including household, business, financial, government, and foreign sectors. The book concludes by examining economic policy and development in today's uncertain world.
Basic Macroeconomics is the rare introductory text that emphasizes student interaction with real economic data and applied theory. The book is written for the freshman economics student in mind but will also prove helpful to the layperson wishing to better understand the field.