Principles of Macroeconomics has been thoroughly revised, simplified, and updated for the Fourth Edition. Co-written by Joseph Stiglitz, winner of the Nobel Prize for his research on imperfect markets, and Carl E. Walsh, one of the leading monetary economists in the field, Principles of Macroeconomics is the most modern and accurate text available.
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Book Description
Editorial Reviews
About the Author
Winner of the 2001 Nobel Memorial Prize for Economics, Joseph E. Stiglitz is the author of Making Globalization Work; Globalization and Its Discontents; and, with Linda Bilmes, The Three Trillion Dollar War. He was chairman of President Clinton's Council of Economic Advisers and served as senior vice president and chief economist at the World Bank. He teaches at Columbia University and lives in New York City.
Carl E. Walsh is professor of economics at the University of California, Santa Cruz. He is widely known for his research in monetary economics and is the author of a leading graduate text, Monetary Theory and Policy (MIT Press). Before joining the Santa Cruz faculty, Professor Walsh was senior economist at the Federal Reserve Bank of San Francisco, where he continues to be a visiting scholar.
--This text refers to an alternate Paperback edition.
Carl E. Walsh is professor of economics at the University of California, Santa Cruz. He is widely known for his research in monetary economics and is the author of a leading graduate text, Monetary Theory and Policy (MIT Press). Before joining the Santa Cruz faculty, Professor Walsh was senior economist at the Federal Reserve Bank of San Francisco, where he continues to be a visiting scholar.
--This text refers to an alternate Paperback edition.
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Most Helpful Customer Reviews
18 of 21 people found the following review helpful:
5.0 out of 5 stars
A excellent study of macroeconmics,
By
This review is from: Principles of Macroeconomics, Third Edition (Paperback)
Joseph Stiglitz has written an excellent introduction to macroeconomics, including a complete introduction to ISLM economic theory at full employment and with significant unemployment. There is an excellent introduction to monetary theory by this nobel laureate economist and former official of the World Bank. This is a book that undergraduates students and teachers can appreciate. Conservative proponents should recognize that learning from a master economist no less worthy than appreciating the wisdom J.M. Keynes or James Tobin.
13 of 84 people found the following review helpful:
1.0 out of 5 stars
most biased, left-wing econ book out there,
By A Customer
This review is from: Principles of Macroeconomics, Third Edition (Paperback)
Sitglit-Walsh macroecon book is the most biased econ text in the market. It is riddled with conceptual mistakes (I'm an econ professor), and the fundamentals are presented with flaws. One sales rep told me that the book is really meant to serve the liberal, left-wing leaning students/instructors. We had to chunk the book in the middle of the semester and went with another. What a waste of money for students and my time.
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