Macroeconomics is the study of economics from the perspective of the national economy. Macroeconomics begins with an introduction to economic systems and economic goals, and then addresses major macroeconomic issues including GDP, economic growth, business cycles, inflation, unemployment, fiscal policy, national debt, money, the Federal Reserve System, monetary policy and financial crises. This new resource concludes with a discussion of the different schools of thought and debates in this field.
Jane S. Lopus is professor of economics and director of the Center for Economic Education at California State University in East Bay. A former high school economics teacher, she received a Ph.D. in economics from the University of California in Davis. She was named the Cal State East Bay Outstanding Professor in 2006 and has received national research and leadership awards for her work in economic education.