By setting aside much of the formal apparatus of 'curve-shifting' economics, Macroeconomic Essentials focuses attention just where it should be on understanding key concepts and on thinking. At the center of economics is, after all, the study of human behavior, not the art of mathematical manipulation.
Lloyd J. Dumas, Professor of Economics, University of Texas at Dallas and author of The Peacekeeping Economy
How can we help students better understand how the economy operates? Among many macroeconomics textbooks on the market, Kennedy's Macroeconomic Essentials stands out as one of the best for effective macroeconomics learning. Well-structured text accompanied by numerous vivid examples from the media, the third edition again successfully links the complex macroeconomic concepts to daily observations.
I-Ming Chiu, Department of Economics, Rutgers University
In the third edition of Macroeconomics Essentials, Peter Kennedy sets himself a difficult task and succeeds beautifully. Kennedy's textbook marries impressive breadth, simplicity, and rigor. He provides a concise and non-technical overview of the core analytical concepts in macroeconomics who are tethered to bits of relevant empirical evidence. This is a particularly useful textbook for instructors outside of economics departments that want to bring students quickly up to speed on the principles that underlie recent political economic trends and events (including the subprime crisis).
Stephen Nelson, Northwestern University
There is a fundamental reason that macroeconomics exists as a field distinguishable from aggregated microeconomics: the need for governments to make decisions that can only be guided by macroeconomics. This principles text emphasizes the policy issues that drive the development of the field. Peter Kennedy brings macroeconomics to life for undergraduate students.
William A. Barnett, Editor, Macroeconomic Dynamics
