Macroeconomics, First Canadian Edition offers a new approach to this subject. Drawing upon their vast experience in teaching and research, the authors have written an intermediate macroeconomics book that sets the standard for books in this third millennium. Delong provides a streamlined presentation of material, traditional and modern, resulting in a more understandable and comprehensive book. This edition features five changes to the standard presentation of modern macroeconomics: -Provide a more student-friendly way of learning growth theory -Provide sufficient coverage of growth facts so that students learn the how and why of both growth over time and growth across countries· -Treat the economy as open from the beginning of the book· -Deal with interest rates, not money stocks· -Increased focus on the Phillips curve. These changes, while not radical are shifts in emphasis and changes of focus. They do not require recasting of courses, but they are very important in bringing the organization of the book into line with what students learning macroeconomics today need to know.