Brad DeLong's Macroeconomics offers a new approach to the subject. Drawing upon his vast experience teaching, researching, and advising the U.S. government on Economy policy has enabled him to write an intermediate macroeconomics book that will set the standard for books in this area for years to come. For example, DeLong focuses on the interest rate rather than the AS/AD diagram and he includes expanded coverage of the crucial topic of long-run growth. His lively text is modern, provides extensive insight into economic policy, incorporates a strong international perspective, and offers a broad historical perspective. Table of contents: Part 1 Preliminaries: introduction to macroeconomics measuring the macroeconomy thinking like an economist. Part 2 Long-run economic growth: the theory of economic growth the reality of economic growth - history and prospect. Part 3 Flexible-price macroeconomics: the flexible-price framework - building blocks the flexible-price framework - equilibrium money, prices and inflation. Part 4 Sticky-price macroeconomics: the income-expenditure framework - consumption and the multiplier investment, net exports and interest rates the money stock, aggregate demand and aggregate supply the Phillips curve and expectations. Part 5 macroeconomic policy: stabilization policy the budget balance, the national debt and investment international economic policy changes in the macroeconomy and changes in macroeconomic policy the future of macroeconomics epilogue.