This new edition continues the tradition established in previous versions: providing up-to-date,modern analysis of both current events and classic issues in macroeconomics. For example, new measures of standards of living (Chapter 2), China’s impact on U.S. jobs and wage inequality (Chapter 7), the latest research on the Great Recession (Chapters 10 and 14), and the Euro-area financial crisis (Chapter 20) are all incorporated. A new primer in Chapter 12 helps students to bridge the gap between the old IS-LM model and the new IS-MP model, which is rapidly displacing the IS-LM framework as a guide to the short run. A new exercise in virtually every chapter asks students to obtain and analyze up-to-date data from the Federal Reserve’s FRED database. This fourth edition also incorporates many new case studies and exercises, extensive updates to tables and figures to reflect the most current data, and improvements on nearly every page in the text.

这个新的版本继续在以前的版本中建立的传统：提供最新的，在宏观经济学的当前事件和经典问题的现代分析。例如，新的生活水平衡量标准（第2章）、中国对美国就业和工资不平等的影响（第7章）、关于大衰退的最新研究（第10章和第14章）以及欧元区金融危机（第20章）都被纳入其中。第12章中的新入门帮助学生弥合旧IS-LM模型和新IS-MP模型之间的鸿沟，新IS-MP模型正在迅速取代IS-LM框架作为短期指南。几乎每一章都有一个新的练习，要求学生从美联储的FRED数据库中获取并分析最新数据。这第四版还包括许多新的案例研究和练习，广泛更新的表格和数字，以反映最新的数据，并在几乎每一页的文字改进。