Macroeconomics for Life presents concepts and strategies for making smart economic choices as a consumer, businessperson and citizen. Rather than simply training economists, it takes a literacy-targeted (LT) approach to help you “think economically.” By prioritizing practical scenarios over theory and formulas, Cohen and Wolla aim to help guide your career and life choices.
The text provides a framework for understanding macroeconomics while navigating widely debated topics, such as the extent to which the government should intervene in the macro economy. Coauthor Scott Wolla of the St. Louis Federal Reserve Bank has expertly incorporated the current regime of the Federal Reserve into the text’s coverage of monetary policy.