Author Description

<p>Introductory Macroeconomics, 1st Australian edition is anadaptation of an original work by internationally renownedeconomists Joseph Stiglitz and Carl Walsh. The adapting Australianauthor team has contextualised the content to suit the needs ofAustralian university students. Key macroeconomics concepts areexplained using the latest theory and research, with data relevantto the Australian economy. Throughout the text, these concepts areapplied to contemporary local economic issues for businesses andindividuals, such as:</p><ul><li>the Australian dollar</li><li>the mining industry</li><li>budget deficits</li><li>intergenerational equity</li><li>taxation</li><li>interest rates</li><li>unemployment</li><li>skills shortages and temporary work visas</li><li>international financial markets</li><li>international trade</li><li>globalisation.</li></ul><p> </p><p>In addition to a thorough analysis of the contemporarymacroeconomic landscape in Australia, the text provides usefulinternational comparisons with economies in Asia and Europe, aswell as that of the United States.</p><p>At a concise 13 chapters, this textbook is an ideal resource fora one-semester university course in introductorymacroeconomics. </p>