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  • ISBN: 9780262024365
  • ISBN10: 0262024365

Macroeconomics

by Robert J. Barro

  • Binding: Hardcover
  • Edition: 5
  • Publisher: Mit Pr
  • Publish date: 12/01/1997
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Description
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.

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