Political Economy in Macroeconomics by Allan Drazen
Look inside with Google Book Preview
Political Economy in Macroeconomics
By Allan Drazen

Political Economy in Macroeconomics

By (author) See other recent books by Allan Drazen
Format: Paperback

Normal Price: $44.95
Your Price: $40.46 AUD, inc. GST
Shipping: $7.95 per order
You Save: $4.49! (10% off normal price)
Plus...earn $2.02 in Boomerang Bucks
Availability: Available Available to Backorder, No Due Date for Supply

Political Economy in Macroeconomics by Allan Drazen

Book Awards

  • Winner of Association of American Publishers/Professional and Scholarly Publishing Awards: Economics 2000.

Book Description

Originally, economics was called political economy, and those studying it readily accepted that economic decisions are made in a political world. But economics eventually separated itself from politics to pursue rigorous methods of analyzing individual behavior and markets. Recently, an increasing number of economists have turned their attention to the old question of how politics shape economic outcomes. To date, however, this growing literature has lacked a cogent organization and a unified approach. Here, in the first full-length examination of how political forces affect economic policy decisions, Allan Drazen provides a systematic treatment, organizing the increasingly influential "new political economy" as a more established field at the highly productive intersection of economics and political science. Although he provides an extraordinarily helpful guide to the recent explosion of papers on political economy in macroeconomics, Drazen moves far beyond survey, giving definition and structure to the field. He proposes that conflict or heterogeneity of interests should be the field's essential organizing principle, because political questions arise only when people disagree over which economic policies should be enacted or how economic costs and benefits should be distributed. Further, he illustrates how heterogeneity of interests is crucial in every part of political economy. Drazen's approach allows innovative treatment--using rigorous economic models--of public goods and finance, economic growth, the open economy, economic transition, political business cycles, and all of the traditional topics of macroeconomics. This major text will have an enormous impact on students and professionals in political science as well as economics, redefining how decision makers on several continents think about the full range of macroeconomic issues and informing the approaches of the next generation of economists.

Buy Political Economy in Macroeconomics book by Allan Drazen from Australia's Online Bookstore, Boomerang Books.

Book Details

ISBN: 9780691092577
ISBN-10: 0691092575
Format: Paperback
(229mm x 152mm x 43mm)
Pages: 792
Imprint: Princeton University Press
Publisher: Princeton University Press
Publish Date: 26-Dec-2001
Country of Publication: United States

Other Editions...


» Have you read this book? We'd like to know what you think about it - write a review about Political Economy in Macroeconomics book by Allan Drazen and you'll earn 50c in Boomerang Bucks loyalty dollars (you must be a member - it's free to sign up!)

Write a book review

Author Biography - Allan Drazen

Allan Drazen is Professor at The Eitan Berglas School of Economics, Tel Aviv University, and Professor of Economics at the Center of International Economics at the University of Maryland.

Boomerang Bucks close

For every $20 you spend on books, you will receive $1 in Boomerang Bucks loyalty dollars. You can use your Boomerang Bucks as a credit towards a future purchase from Boomerang Books. Note that you must be a Member (free to sign up) and that conditions do apply.

Recent books by Allan Drazen close
BoomerangBooks.com.au close