‘The current economic crisis is the worst since the Great Depression: the events themselves and the actions by the Fed and Treasury Department are equally unprecedented. Macroeconomics: Economic Crisis Update contains two brand-new chapters that directly address the crisis and present it in terms of the short-run models used in macroeconomics. Charles Jones distils modern macroeconomics as it is currently practiced, producing the first text to cover modern growth theory at the undergraduate level. The author,s unique abilities as a teacher and writer render this modern treatment of economic theory an easy read for students new to the field. Together with a distinctive focus on problem solving, this clearly written text brilliantly matches accessibility with cutting-edge theory’.