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Macroeconomics - 5th Edition

AUTHOR: Robert J. Barro
ISBN: 0262024365

SHORT DESCRIPTION: In its first four editions, Robert Barro's classic MACROECONOMICS has shown undergraduates how market-clearing models with strong microeconomic foundations can be used to understand real-world phenomena and to evaluate alternative macroeconomic...

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Macroeconomics
         Editorial Review

Macroeconomics - 5th Edition
- Book Review,
by Robert J. Barro


Book Description
Robert Barro's Macroeconomics has become the classic textbook presentation of the equilibrium approach to macroeconomics. In its first four editions, this book has shown undergraduates how market-clearing models with strong microeconomic foundations can be used to understand real-world phenomena and to evaluate alternative macroeconomic policies. Moreover, a single, unified framework works as well for short-term business fluctuation as for long-term economic growth.

This latest edition includes the most recent theoretical and empirical developments in economic growth, recent evidence on the macroeconomics of labor markets and public finance, and up-to-date results on the interplay between nominal and real variables.


Book Info
Text presents the market-clearing approach as a general method for analyzing real-world macroeconomic problems. DLC: Macroeconomics.


About the Author
Robert J. Barro is Robert C. Waggoner Professor of Economics at Harvard University. He is the author of Getting It Right (MIT Press, 1996) and Determinants of Economic Growth (MIT Press, 1997).


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         Book Review

Macroeconomics - 5th Edition
- Book Reviews,
by Robert J. Barro

Macroeconomics

FROM THE PUBLISHER

Robert Barro's Macroeconomics has become the classic textbook presentation of the equilibrium approach to macroeconomics. In its first four editions, this book has shown undergraduates how market-clearing models with strong microeconomic foundations can be used to understand real-world phenomena and to evaluate alternative macroeconomic policies. Moreover, a single, unified framework works as well for short-term business fluctuation as for long-term economic growth.

This latest edition includes the most recent theoretical and empirical developments in economic growth, recent evidence on the macroeconomics of labor markets and public finance, and up-to-date results on the interplay between nominal and real variables.


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