Macroeconomics

by Andrew B. Abel, Ben S. Bernanke, Dean Croushore

Abel, Bernanke, and Croushore present macroeconomic theory in a way that prepares readers to analyze real macroeconomic data used by policy makers and researchers. This text uses a unified approach based on a single economics model that provides readers with a clear understanding of macroeconomics and its classical and Keynesian assumptions.

Introduction to Macroeconomics; The Measurement and Structure of the National Economy. Long-Run Economic Productivity, Output, and Employment; Consumption, Saving, and Investment; Saving and Investment in the Open Economy; Long-Run Economic Growth; The Asset Market, Money, and Prices. Business Cycles and Macroeconomic Business Cycles; The IS-LM/AD-AS A General Framework for Macroeconomic Analysis; Classical Business Cycle Market-Clearing Macroeconomics; The Macroeconomics of Wage and Price Rigidity. Macroeconomic Its Environment and Unemployment and Inflation; Exchange Rates, Business Cycles, and Macroeconomic Policy in the Open Economy; Monetary Policy and the Federal Reserve System; Government Spending and Its Financing.

For all readers interested in intermediate macroeconomics.

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

672 pages, Hardcover

First published January 1, 1992

Reviews

[Katie · Rating 3 out of 5]

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

[arbuz · Rating 3 out of 5]

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 · Rating 4 out of 5]

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 · Rating 4 out of 5]

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 · Rating 4 out of 5]

It's a good educational book

[Joe Alt · Rating 4 out of 5]

good book for a school book

[Madison O’Rourke · Rating 4 out of 5]

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

[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 · Rating 3 out of 5]

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 · Rating 3 out of 5]

Suspenso.

[Гээгий Гээгий · Rating 5 out of 5]

....

[Marko]

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