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Readership: Advanced undergraduate students and graduate students in
Ben J. Heijdra, University of Groningen, The Netherlands
Review(s) from previous edition"'This book will be an extremely valuable addition to the reading list for core graduate macroeconomics courses. It provides a fair and balanced account of the different schools of macroeconomic thought and the current state of the discipline. A large number of topics are treated; the sections which cover technical material are particularly praiseworthy. The authors convey a sense of enthusiasm about the subject and show that macroeconomics can, indeed, be exciting.'
- Professor John Fender, University of Birmingham
"'This is a good addition to the textbook market. The coverage of topics is comprehensive and it takes students from an intermediate to graduate level with commendable ease.'
" - Shaun Hargreaves Heap, University of East Anglia
1: Who is who in macroeconomics?
2: Dynamics in aggregate demand and supply
3: Rational expectations and economic policy
4: Anticipation effects and economic policy
5: The government budget deficit
6: A closer look at the labour market
7: Trade unions and the labour market
8: Search in the labour market
9: Macroeconomic policy, credibility, and politics
10: The open economy
12: New Keynesian economics
13: Exogenous Economic Growth
14: Endogenous Economic Growth
15: Real business cycles
16: Overlapping generations in continuous time
17: Overlapping generations in discrete time