Macroeconomics FROM THE PUBLISHER
MACROECONOMICS is a well-written, flexible introduction to macroeconomic theory and policy. It covers the Classical and Keynesian approaches, as well as newer dynamic models of debt, deficits, growth, unemployment, and inflation. In 17 chapters, it presents a complete survey of modern macroeconomic thinking, and is the first text to bring the modern theories of macroeconomic dynamics to the undergraduate intermediate market. It has a unique emphasis on data and testing macro theories against macro facts.
FROM THE CRITICS
Booknews
A textbook for an undergraduate introductory course. Farmer (economics U. of California-Los Angeles) bucks the academic trend by teaching undergraduates the same principles, models, and tools that graduates are taught and that practitioners use in the real world, but that journalists and policy makers have not heard of yet. Reflecting the growing consensus that classical general equilibrium theory is the correct model and language to analyze the economy, he covers measurement, the classical and some modern approaches to aggregate demand and supply, and dynamic models. He also provides a glossary without pronunciation. Annotation c. Book News, Inc., Portland, OR (booknew.com)
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