The Macroeconomy Today

The Macroeconomy Today, 17th Edition, authored by Bradley Schiller, is a macroeconomics textbook designed to help students and professors analyze public policy and aggregate market behavior. The text establishes how foundational economic principles inform decisions made by households, businesses, and government bodies.

The thematic coverage opens with core economic issues, global context for the U.S. economy, market supply and demand, and national income accounting methods. It progresses into macroeconomic instability by examining unemployment, inflation, aggregate demand, and business cycle oscillations. Subsequent chapters analyze policy interventions, contrasting fiscal measures and deficit management against banking structures, Federal Reserve monetary policy, and short-run supply-side strategies.

Focusing on active economic policy issues, the text uses real-world examples to explain analytical concepts and evaluate global trade, international finance, and global poverty. Student coursework integrates directly with McGraw-Hill Connect digital learning tools.