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Macroeconomics: A European Perspective Paperback – 13 Jun 2013
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From the Back Cover
Blanchard, Amighini, Giavazzi
Macroeconomics: A European Perspective 2/e
‘This is a truly outstanding textbook that beautifully marries theory, empirics and policy. It is surely destined to become the gold standard against which all other texts must be measured’. Charles Bean, Deputy Governor, Bank of England.
This book gives students a deep understanding of macroeconomics using a unified view of the subject, enabling connections to be made between the short, medium and long run.
Now fully updated, this text is essential reading for anyone studying macroeconomics in the aftermath of the financial crisis.
Join over 10 million students benefiting from Pearson MyLabs.
This title can be supported by MyEconLab, an online homework and tutorial system designed to test and build your understanding. MyEconLab provides a personalised approach, with instant feedback and numerous additional resources to support your learning.
A student access code card may have been included with this textbook at a reduced cost.
If you do not have an access code, you can buy access to MyEconLab and the eText – an online version of the book – online at www.myeconlab.com.
Olivier Blanchard studied at the University of Paris, Nanterre, and has taught at MIT since 1983. He is currently chief economist at the International Monetary Fund.
Francesco Giavazzi is Professor of Economics at Bocconi University in Milan, and a regular Visiting Professor at MIT.
Alessia Amighini is Assistant Professor of Economics at Universita’ del Piemonte Orientale (Novara).
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1 April 2015
Format: Kindle EditionVerified Purchase
A pretty good introduction to macro-economics, it covers all the basics in a thorough way. It suffers from being too verbose, simple points are laboured to death, and from a reluctance to use even the most basic calculus. A bigger problem though is the disturbing level of misprints and editing problems - the current edition reads as if it had never been edited: equation numbers are wrong; in the middle of a discussion of EU issues one suddenly is reading about the US and there are too many equations which are simply wrong - particularly in the section on intertemporal budget constraints.
28 August 2017
Format: PaperbackVerified Purchase
This book was bought to help me get through my second year of uni! The lecture slides were useless, so this book saved my life!m covered the whole syllabus, easy to follow and is very relevant when applied to real life situations! An absolute must if studying economics!
15 November 2013
This is the best book you are ever likely to read on Macroeconomics. Its great strength is that it is based on a single model which from modest beginnings in the earlier chapters reaches a logical and a complex form by chapter 20. The result is that the book has a coherent structure so that each chapter is a natural extension of the previous chapters. The first 10 chapters are the core chapters: closed economy, open economy, wages and prices. There is then an excellent chapter on growth models, followed by 4 chapters on expectation formation and how it affects different areas of economic behaviour. I particularly enjoyed brushing up on the term structure of interest rates. Chapters 18 to 20 deal with the open economy in the context of exchange rate regimes and there then follows a fine exposition of the current crisis. Each chapter is beautifully crafted and structured with readers' queries anticipated and explained. The boxes in the chapters are gems. Whether it is on how German unification led to collapse of the ERM or on exchange parity under the Gold Standard, each example illuminates the theory. A terrific book and a great achievement in producing it.