OverviewThe third edition of Dornbusch's Macroeconomics is a leading intermediate macroeconomic theory text. This revision retains most of the traditional features, including a middle-of-the-road approach and very current research, while updating and simplifying the exposition. A completely new chapter on big events pulls together material on the Great Depression, budget deficits and hyperinflation. Students will get a background on these important economic events and will learn principles which are harder to identify in smoothly running economies. Macroeconomics maintains strong global coverage, offering an extensive international orientation for an increasingly globalised world.