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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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Book Details

ISBN: 9780262024365
ISBN-10: 0262024365
Format: Hardback
(229mm x 203mm x 30mm)
Pages: 896
Imprint: MIT Press
Publisher: MIT Press Ltd
Publish Date: 28-Nov-1997
Country of Publication: United States


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Author Biography - Robert J. Barro

Robert J. Barro is Robert C. Waggoner Professor of Economics at Harvard University and a senior fellow of the Hoover Institution at Stanford University.

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