Macroeconomics




Macroeconomics

Number of page: 867
Author: Robert J. Barro
Publisher: MIT Press
Rating:
Category: Business & Economics

Robert Barro’s Macroeconomics has become the classic textbook presentation of the equilibrium approach to macroeconomics. In its first four editions, this book has shown undergraduates how market-clearing models with strong microeconomic foundations can be used to understand real-world phenomena and to evaluate alternative macroeconomic policies. Moreover, a single, unified framework works as well for short-term business fluctuation as for long-term economic growth.This latest edition includes the most recent theoretical and empirical developments in economic growth, recent evidence on the macroeconomics of labor markets and public finance, and up-to-date results on the interplay between nominal and real variables.

About The Author

Robert J. Barro is Robert C. Waggoner Professor of Economics at Harvard University and a senior fellow of the Hoover Institution at Stanford University.About Robert Barro:"He has changed the way economists think about everything from the long-run effects of government deficits to the forces that favor economic growth."–Sylvia Nasar, New York Times