provide a short paragraph or two about how the material from Chapters 8 or 9 apply to your life. It might be something you do, something that has impacted your choices or some article you have read that fits the ideas we have examined. You must make a clear statement about the class concept 'and' how it has played out in your own life, either personally or professionally.

Chapter 8: Economic Growth contains extensive data updates, a more intuitive explanation of network effects, a more concise discussion of catch-up growth, a new Last Word on the growth-boosting effects of the surges in female labor force participation and educational attainment that have taken place over the last few decades.

Chapter 9: Business Cycles, Unemployment, and Inflation benefits from a streamlined presentation, several data updates, a more intuitive presentation of Okun's Law, and a new Last Word on the shortage of skilled workers ten years after the Great Recession ended.

Reference: mcConnell Macroeconomics