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Lectures on Macroeconomics (MIT Press) F First Edition Edition

3.9 out of 5 stars 12 customer reviews
ISBN-13: 978-0262022835
ISBN-10: 0262022834
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Editorial Reviews

Review

The 1980s have witnessed a reconstruction of Keynesian macroeconomics on sound classical foundations. This is the definitive treaties that puts it all together. It will guide macroeconomists and their students toward the new century.

(Larry Summers, Professor, Harvard University)

From the Back Cover

Lectures on Macroeconomics provides the first comprehensive description and evaluation of macroeconomic theory in many years. The main purpose of this book is to characterize and explain fluctuations in output, unemployment, and movement in prices.Written as a text for graduate students with some background in macroeconomics, statistics, and econometrics, Lectures on Macroeconomics also presents topics in a self-contained way that makes it a suitable reference for professional economists.
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Product Details

  • Series: MIT Press
  • Hardcover: 664 pages
  • Publisher: The MIT Press; F First Edition edition (March 21, 1989)
  • Language: English
  • ISBN-10: 0262022834
  • ISBN-13: 978-0262022835
  • Product Dimensions: 6 x 1.1 x 9 inches
  • Shipping Weight: 2.2 pounds (View shipping rates and policies)
  • Average Customer Review: 3.9 out of 5 stars  See all reviews (12 customer reviews)
  • Amazon Best Sellers Rank: #204,505 in Books (See Top 100 in Books)

Customer Reviews

Top Customer Reviews

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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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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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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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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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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Format: Hardcover
Classic text of excellent IMF chief economist.
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