- Hardcover: 672 pages
- Publisher: McGraw-Hill/Irwin; 2 edition (December 20, 2000)
- Language: English
- ISBN-10: 0072318554
- ISBN-13: 978-0072318555
- Product Dimensions: 6.5 x 1.2 x 9.4 inches
- Shipping Weight: 1.8 pounds
- Average Customer Review: 3.8 out of 5 stars See all reviews (29 customer reviews)
- Amazon Best Sellers Rank: #774,225 in Books (See Top 100 in Books)
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Advanced Macroeconomics 2nd Edition
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Top Customer Reviews
A fellow reviewer observed that complaints concerning Romer's penchant for "trivial" mathematics were misplaced because the technicality of modern macroeconomics precludes the possibility of discussing the issues in any other way. I agree. But I think a fairer assessment would be that there are instances where Romer could develop the mathematical underpinnings in a more consise way. The best example is the second chapter on the Ramsey growth model. The easiest way to understand this model is by using optimal control/dynamic programming techniques - which is how it is taught on most graduate courses. Romer's decision not to follow this route is probably borne of a desire to make the book more accessible to undergraduates - who are unlikely to come across these methods. Whatever the intention, the result is an exposition that confuses more than enlightens. Would it not have been better to include a good coverage of optimal control techniques in the appendix?
Nevertheless, an excellent book.
- It treats in a simple manner several issues regarding the most advanced issues on Macroeconomics,
- It's updated and varied,
- It's accessible for new comers in the field.
Most Recent Customer Reviews
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Bought it before two years, haha, forgot to leave feedbacks. Nice book for advanced macroeconomics, however, the math is so hard and I could not quite handle the book to say the... Read morePublished on December 9, 2012 by Yu Xiao
This book is a serious step up for anyone with an intermediate undergrad macro background. However, as far as graduate texts go, this is a good one. Read morePublished on June 19, 2012 by Alex
Text is sufficient in derivation and description of models. However, kindle edition is non-functional, as it cannot be resized and cuts off text, graphs, and equations at page's... Read morePublished on February 15, 2011 by chinaske
The book was in great condition as described and delivery was fast. Their service was way over my expectation and it's great.Published on January 23, 2011 by NAF