Introducing Advanced Macroeconomics: Growth and Business Cycles, 2nd edition provides students with a thorough understanding of fundamental models in macroeconomics and introduces them to methods of formal macroeconomic analysis. Split into two sections, the first half of the book focuses on macroeconomics for the long run, introducing and developing basic models of growth and structural unemployment. The second half of the book deals with the economy in the short run, focusing on the explanation of business fluctuations. This new edition retains the popular pitch and level established in the 1st edition and continues to bridge the gap between intermediate macroeconomics texts and more advanced textbooks.
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This is an excellent addition to the macro text market. The treatment of the topics is clear and always involves engagement with the emperical evidence. The latter is drawn from Europe and the US and the rest of the world. The coverage of topics is good.
Review by Shaun P. Hargreaves Heap, University of East Anglica, Textbook Guide May 2005 (The Times Ed Supp 20050527) --This text refers to an alternate Paperback edition.
About the Author
Peter Birch Sørensen is Professor of Economics at the University of Copenhagen and Chairman of the Danish Productivity Committee. He is a former Director of the university's Economic Policy Research Unit. He is a former Chairman of the Danish Economic Council, and he has served as a consultant on tax policy for the OECD, the European Commission, the International Monetary Fund and several national governments.
Hans Jørgen Whitta-Jacobsen is Professor of Economics at the University of Copenhagen and Chairman of the Danish Economic Council. He has served as a consultant for the Danish government on tax reform and as a reporter on economic issues for the main Danish public service TV channel.
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By I. H. Roblin
Format:Paperback|Amazon Verified Purchase
This text is designed for 'less able' intellects, like myself, or is it simply well structured ?
Step-by-step methodology, using comprehensible algebraic analysis. Clear, concise, good use of the english language and very stimulating and engaging.
You want to turn the next page.
Step-by-step methodology, using comprehensible algebraic analysis. Clear, concise, good use of the english language and very stimulating and engaging.
You want to turn the next page.
By C. Y. Kwok
Format:Paperback
Used this big book textbook to pass my exams and learnt a lot about business cycles & trends from diff perspectives.
0 of 1 people found the following review helpful
By Lebrit
Format:Paperback|Amazon Verified Purchase
This is quite an advanced text for the budding economist. It is strong in so far as it is really in depth and clear. I find it weak in terms of every macroecononic section is based on micro foundations, which is not to every economist's taste. There are alternative models which are just as relevant - and this book in my view does not provide sufficient critique on the micro-based standard fare presented within.
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3.3 out of 5 stars
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