\u003cb\u003e\u003ci\u003eMacroeconomics: Understanding the Global Economy, 3\u003csup\u003erd\u003c/sup\u003e Edition\u003c/i\u003e\u003c/b\u003e  is to help students \u0026#8211; and indeed anyone \u0026#8211; understand contemporary and past economic events that shape the world we live in, and at a sophisticated level. But it does so without focusing on mathematical techniques and models for their own sake. \u003cp\u003eTheory is taken seriously \u0026#8211; so much so that the authors go to pains to understand the key aspects of theories in a way that will not put people off before they see how theories are useful to analyse issues. The authors believe that theories are essential to better understand the world, thus the book includes a wealth of historic and current episodes and data to both see how theories can help interpret the world and also to judge their validity.\u003c/p\u003e \u003cp\u003eEconomies today are very inter-connected; what happens in China matters pretty much everywhere; and what happens in one (even small) country in the euro zone has implications for the whole euro area and beyond, consequently \u003cb\u003e\u003ci\u003eMacroeconomics, 3\u003csup\u003erd\u003c/sup\u003e Edition\u003c/i\u003e\u003c/b\u003e adopts a very international focus.\u003c/p\u003e
nl
en