The number one product for the Intermediate Macro course, this text explains complex concepts with exceptional clarity. The new edition has updated coverage on income inequality, full coverage of the monetary system across two chapters, and an improved model of labor-force dynamics to explain the natural rate of unemployment. It is available in Achieve, which sets the standard for integrating activities, assessments, and analytics into your teaching. It brings together all of the features that instructors and students need — an e-book, LearningCurve adaptive quizzing, and other instructional and application activities, assessments, and extensive instructor resources — in a powerful platform.