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Macroeconomics

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Samuelsons text was first published in 1948, and it immediately became the authority for the principles of economics courses. The book continues to be the standard-bearer for principles courses, and this revision continues to be a clear, accurate, and interesting introduction to modern economics principles. Bill Nordhaus is now the primary author of this text, and he has revised the book to be as current and relevant as ever.

403 pages, Paperback

First published October 1, 2004

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About the author

William D. Nordhaus

81 books73 followers
William Dawbney Nordhaus is an American economist and Sterling Professor of Economics at Yale University, best known for his work in economic modelling and climate change.

He is one of the laureates of the 2018 Nobel Memorial Prize in Economic Sciences. Nordhaus received the prize "for integrating climate change into long-run macroeconomic analysis".

He studied at Yale University and completed his PhD in 1967 at the Massachusetts Institute of Technology. He has been associated with Yale University since 1967 and a professor there since 1973. He has been a member of the Brookings Panel on Economic Activity since 1972, and from 1977 to 1979 he was an economic advisor to President Jimmy Carter’s administration.

William Nordhaus’ findings deal with interactions between society, the economy and climate change. In the mid-1990s, he created a quantitative model that describes the global interplay between the economy and the climate. Nordhaus’ model is used to examine the consequences of climate policy interventions, for example carbon taxes.

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5 stars
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Displaying 1 - 3 of 3 reviews
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45 reviews7 followers
February 17, 2009
In comparison with my mother's 7th ed. copy of the Samuelson textbook, this edition sucks. They've replaced using many interesting examples with an in depth discussion of how to do basic math. I'd rather learn the concepts using out of date examples (for instance, projecting the size of the USSR's economy versus the US's through the year 2000) than read this PC, simplified drivel.
3 reviews
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August 25, 2008
Very difficult yet very informative.
Displaying 1 - 3 of 3 reviews