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58 reviewsEconomics is a living discipline, changing and evolving in response to developments in the world economy and in response to the research of many thousands of economists throughout the world. Through fourteen editions, Macroeconomics has evolved with the discipline. Our purpose in this edition, as in the previous thirteen, is to provide students with an introduction to the major issues facing the world’s economies, to the methods that economists use to study those issues, and to the policy problems that those issues create. Our treatment is everywhere guided by three important principles.