Product Description
Designed for Macroeconomics courses where early, distinctive coverage of the micro-foundations of macroeconomics is important, this new text provides a balanced and accessible presentation both of equilibrium and Keynesian macro models. The author avoids the "dueling model" mode which some books promote; instead, these models are presented as a variation on a single unified theme. This approach helps students to see and understand the relationship of these models to one another and to on-going attempts to realistically model macro forces.
From the Publisher
Barro uses a unique market-clearing approach to analyze and explain macroeconomic theory. This edition has been reorganized to cover applications alongside the appropriate theory, focusing on the latest advances in economic growth. New software is included with the text.
--This text refers to an out of print or unavailable edition of this title.