"This book is a complete course in applied macroeconomics that emphasizes the application of economic theory to real-world data and policy. Topics covered include national income, international, and financial account, labor markets, aggregate supply and demand, inflation, and monetary and fiscal policy. It is unique in developing a detailed toolkit of elementary statistics and graphical techniques for economic data. A strength is its detailed treatment of financial markets (national and international), and the institutions of monetary and fiscal policy, which makes it especially helpful in understanding recent economic crises"--Provided by publisher.