Macroeconomics

by Andrew B. Abel

This text is the most even-handed and comprehensive treatment of the competing classical and Keynesian approaches in the market. By starting with topics on which the two approaches agree, the book highlights the common ground between them and then clearly presents the outstanding differences within the context of a single framework.Macroeconomics now includes a password that gives students access to a special edition of The Conference Board's Business Cycle Indicators database containing over 100 hand-picked data series. Accompanying exercises in the text provide a unique opportunity for students to analyze the very data that policy makers, professional economists, and government officials rely on in their day-to-day work.

Genres: Economics, Textbooks, Business, Finance, Academic, Nonfiction, Reference

630 pages, Hardcover

First published January 1, 1992

Reviews

[Katie]

Textbooks are never fun, but this provided a good overview of Macro.

[arbuz]

Не лучшая книга, не рекомендую... Ожидал большего. С другой стороны, интересно, что авторы целиком полагаются на IS-LM модель, игнорируя модель совокупных спроса-предложения. На самом деле, мне это даже нравится: студент больше внимания уделит игре сил на конкретных рынках (в этой книге, кстати, активно разработан и labor market, что очень хорошо), держа в голове, как бы, эволюцию равновесия. Жалко только, что так сжато описана открытая экономика, в обмен на академические подробности реальных бизнес-циклов и т.п.

[Natasha]

This textbook (I read the 10th edition) is a great resource for those interested in developing a greater understanding of basic macroeconomic models. Framing the discussions around the two primary schools of economic thought—Keynesian and classical—the authors discuss each model in the context of each, and provide a comprehensive analysis of the merits and pitfalls of the theories. I particularly recommend this textbook for its introduction of the IS-LM model—and more generally, for any beginner economics student.

[Shibajee Samaddar]

I give this book 4 star only because of its exercises. It has the best set of problems: both solved & asked to solve.
This book is unusual in its writing style compared to other books. To many, it may appear confusing & that's normal. Yet it has some details unavailable in other books, topics like J-curve etc.

[Wei Yang]

It's a good educational book

[Joe Alt]

good book for a school book

[Madison O’Rourke]

I actually learned a lot from this book and class! Macro theory > micro theory

[Vicky Genova]

Read this twice this year for my exams. Overall a great resource for studying intermediate macro and the authors are brilliant economists.

[Chris Herdt]

Already I've learned that America's abysmal savings rate isn't as awful as it appears on first glance. Maybe next I'll learn that eating Irish children is a good way to provide income to starving Irish families.

[Melanie]

Thought the book was well organized but there were some mistakes in the text (mostly in the numerical problems) so it could have been better edited.

[Gladstone]

Suspenso.

[Гээгий Гээгий]

....

[Marko]

I have two diofferent editions: ehe fourth and the european edition