Advanced Macroeconomics, 3rd Edition
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Product Description
Product Description
David Romer’s Advanced Macroeconomics, 3e is the standard text and the starting point for graduate macro courses and helps lay the groundwork for students to begin doing research in macroeconomics and monetary economics. A series of formal models are used to present and analyze important macroeconomic theories. The theories are supplemented by examples of relevant empirical work, which illustrate the ways that theories can be applied and tested. This well-respected and well-known text is unique in the marketplace.
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First Sentence
Macroeconomics is the study of the economy as a whole. Read the first page
Front Cover | Copyright | Table of Contents | Excerpt | Index | Back Cover
Macroeconomics is the study of the economy as a whole. Read the first page
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Front Cover | Copyright | Table of Contents | Excerpt | Index | Back Cover
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Customer Reviews
Most Helpful Customer Reviews
9 of 9 people found the following review helpful
Format:Hardcover
Romer`s book is something worth reading. Its economic intuition is very good but the best part is its use of math to explain economic models. The math involved is not particularly hard, the reader has to be quite familiar with Lagrangeans and First-order conditions and with the basics of dynamic optimization, tools that most postgraduates use regularly. Romer builds the models step by step, equation by equation, and then we get the economic intuituion. There is also some empirical applications of the explained models, which puts more meat on the bones. The book is excellent for growth, RBC, Overlapping generations model, monetary and fiscal issues and also for new-keynesian topics such as imperfect competion, menu costs, contracts and effeciency wages. All in all, the book gives an excellent idea of what modern macroeconomics is all about and its level is just right for first-year postgraduates.
6 of 6 people found the following review helpful
Format:Paperback
This is a key text for graduate macroeconomics courses. Romer's book progresses coherently and in a well organised manner through the main areas of macroeconomics. Each model is presented in its essence, so that a good first understanding is ensured, laying the groundwork for further reading and more mathematical representations.
Readers may wish to complement their study of Romer's book with the deeper technical material presented in Sargent's "Macroeconomic Theory".
5 of 5 people found the following review helpful
Format:Hardcover
This book is clear and makes the central issues of Macroeconomics easy to understand in a logical manner.
It is ideal fro graduates, and if you exclude some of the maths, it is also ideal for understanding undergraduate Macroeconomics.
I would recommend reading this book - it is clear and concise.
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Most Recent Customer Reviews
Great
Comprehensive and with clear explanations. Clearly divided chapters and sessions makes learning simpler and easier.
Published on 8 Mar 2010 by T. NG
Generally a satisfactory text for research macroeconomists
If like I, you are using Romer's book as a core text for postgraduate study then I recommend perhaps complementing your postgraduate studies in macroeconomics with a more... Read more
Published on 11 Nov 2007 by B.L.
Very good
This is an excellent text, suitable for undergraduates in the final 2 years of their degree. This book is more advanced in its theory than other macro texts, such as Mankiw. Read more
Published on 27 Oct 2003 by S. Mazumder
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