内容简介：
The book provides a pragmatic approach for viewing the domestic and international dimensions of the ever-new economic landscape of the United States, for gauging its strengths and weaknesses, and for anticipating where it is headed. This edition broadens the focus of the earlier ones. The previous editions highlighted the use of several economic indicators in measuring and evaluating business cycles and economic growth, employment, inflation, and finance. In contrast, the current volume emphasizes broad economic topics, each of which includes several economic indicators used in quantifying and analyzing the overall topic. For example, the chapter on economic growth encompasses the gross domestic product as the basic measure of economic growth, the sources of economic growth, and a technique for anticipating when economic growth will turn negative into a cyclical recession. Thus, this edition shows more of the interrelationships that drive the American economy.This new Third Edition includes: -- New framework for macroeconomic analysis, policies, and forecasting; -- Expanded analyses of economic growth; -- Expanded analyses of inflation; -- Expanded conceptual and statistical aspects of economic indicators.Data and analyses are updated through the first quarter of 1997.