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Lectures on Macroeconomics Hardcover – March 21, 1989

ISBN-13: 978-0262022835 ISBN-10: 0262022834

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Product Details

  • Hardcover: 664 pages
  • Publisher: The MIT Press (March 21, 1989)
  • Language: English
  • ISBN-10: 0262022834
  • ISBN-13: 978-0262022835
  • Product Dimensions: 9.2 x 6.3 x 1.4 inches
  • Shipping Weight: 2.2 pounds (View shipping rates and policies)
  • Average Customer Review: 3.8 out of 5 stars  See all reviews (11 customer reviews)
  • Amazon Best Sellers Rank: #180,298 in Books (See Top 100 in Books)

Editorial Reviews

About the Author

Olivier Blanchard is Economic Counselor and Director of the Research Department at the International Monetary Fund. He is the author of Macroeconomics, among other books, and coauthor of Lectures on Macroeconomics (MIT Press). David Romer is Herman Royer Professor of Political Economy at the University of California, Berkeley, and author of Advanced Macroeconomics. Michael Spence, co-recipient of the 2001 Nobel Prize in Economics, is Professor Emeritus of Management at Stanford University's Graduate School of Business and Professor of Economics at New York University's Stern School of Business. He served as Chairman of the Commission on Growth and Development from 2006 to 2010 (the life of the commission). He is the author of The Next Convergence: The Future of Economic Growth in a Multispeed World. Joseph Stiglitz, co-recipient of the 2001 Nobel Prize in Economics, is University Professor at Columbia University. He served as Chairman of the U.S. Council of Economic Advisers in the Clinton administration, and from 1997 to 2000 as World Bank Chief Economist and Senior Vice President in Development Economics. He is the author of Freefall: Free Markets and the Sinking of the World Economy, Globalization and Its Discontents, and other books.

Stanley Fischer is former Governor of the Bank of Israel and has been nominated as Vice Chair of the Federal Reserve]. He is the author of IMF Essays from a Time of Crisis: The International Financial System, Stabilization, and Development (MIT Press).

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Customer Reviews

3.8 out of 5 stars
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Most Helpful Customer Reviews

15 of 16 people found the following review helpful By SamBK on July 17, 2005
Format: Hardcover
I have read many books in macroeconomics and I think this one is the best of them, so personally I spent my money to buy this book (among all macro- books) and keep it on my shelf for references. The book is not a complete guide to macroeconomics (and no other macro book is either). But what it covers, it covers well with preamble to the idea and empirical evidence, then proceeds to formal discussion and derivations and conclusions. It covers topics on consumption theory, economic growth, money and monetary policy, labor and employment models, and competetive equilibrium and business cycles. Still you need complementary texts if you want to get too much focused in a field (like monetary policy). I recommend this book for graduate level macro- courses. For one thing the book comes with lots of exercises at the end of each chapter.
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13 of 19 people found the following review helpful By Amazon Customer on June 12, 2003
Format: Hardcover
I loved this book since I first read it. It's a complete book in terms of modern macroeconomic theory topics covered and in the treatment of them. The authors have focused in modern development in the field and have tried to gather a significant collection of models and theories which explain several aspects of the macroeconomic analysis (just check the index to find out all that you can read here!).
A drawback of this book is that it's kinda specialized in modern macro development and its methods: it assumes that the reader knows about basic macro theory, macro models, has strong mathematical foundations (calculus, systems of equations, optimum control theory, etc.) AND is used to the kind of relationship economists do between models and real life. This is NOT a book of macroeconomic policies, like how to manage a nation's deficit in the public budget, or so; but researches could find here the basis for developing more specific recommendations and policies to address such problems.
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14 of 21 people found the following review helpful By A Customer on October 4, 1999
Format: Hardcover
This book does a good job of going through macro and monetary economics as it is currently understood. If you can get through it, you are in good shape.
Unfortunately, the book is written at a level a little beyond the typical student with a BA in economics. It is probably fine for the students at MIT, but for everyone else who lack the analytical tools, the major messages can get a bit lost. It is probably a bit too advanced for a first-year macro course and a bit too basic for a more advanced macro course.
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By Gustavo S. Cortes on March 28, 2014
Format: Hardcover Verified Purchase
it's a classic in macro theory, totally worth it to have in your shelf, no one should avoid reading it
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By Alejandro on March 10, 2013
Format: Hardcover Verified Purchase
For understand this item you must need review basic macroeconomics concepts. It is really nice book. However it is for intermediate macro
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7 of 22 people found the following review helpful By Paul Straub on December 18, 1999
Format: Hardcover
I used this book while in grad school and loved it. Other PhD students will probably appreciate it while others are likely to find it too difficult.
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