Advanced Macroeconomics: An Easy Guide
Oct 2021 · LSE Press
4.5star
4 reviewsreport
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About this eBook
Macroeconomic policy is one of the most important policy domains, and the tools of macroeconomics are among the most valuable for policy makers. Yet there has been, up to now, a wide gulf between the level at which macroeconomics is taught at the undergraduate level and the level at which it is practiced. At the same time, doctoral-level textbooks are usually not targeted at a policy audience, making advanced macroeconomics less accessible to current and aspiring practitioners.
This book, born out of the Masters course the authors taught for many years at the Harvard Kennedy School, fills this gap. It introduces the tools of dynamic optimization in the context of economic growth, and then applies them to a wide range of policy questions – ranging from pensions, consumption, investment and finance, to the most recent developments in fiscal and monetary policy. It does so with the requisite rigor, but also with a light touch, and an unyielding focus on their application to policy-making, as befits the authors’ own practical experience.
Advanced Macroeconomics: An Easy Guide is bound to become a great resource for graduate and advanced undergraduate students, and practitioners alike.
Ratings and reviews
4.5
4 reviews
John Simister
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28 August 2023
This is a very impressive book, for third-year undergraduate economists. It provides mathematical rigour, but is written clearly enough that students who are less comfortable with maths can still understand the analysis. There is a good range of economic approaches, including Keynesian and neoclassical economics. Ideally, a future edition could focus more on environmental issues such as the climate crisis. Dr. John Simister, Senior Lecturer (Economics), Manchester Metropolitan University, UK.
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