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The fifth edition of Macroeconomics emphasizes a core set of ideas across a variety of topics, providing a comprehensive, balanced treatment of classical and Keynesian economics. This text plays upon students' natural curiosity and desire for relevance by offering a modern, applied approach to traditional topics and an in-depth look at areas of macroeconomics not covered by other texts. The flexibility gained by using this comprehensive approach gives instructors the opportunity to tailor course coverage and topic sequence. Pedagogical tools reinforce concepts, and end-of-chapter features help students to organize their learning. Accompanying exercises in the text provide a unique opportunity for students to analyze the very data that policy makers, professional economists, and government officials rely on in their day-to-day work. MyEconLab offers a full suite of online resources for students and instructors.
- Sales Rank: #2635798 in Books
- Published on: 2003-12-19
- Original language: English
- Number of items: 1
- Dimensions: 10.30" h x 1.20" w x 7.90" l, .0 pounds
- Binding: Hardcover
- 656 pages
About the Author
Ben S. Bernanke served as chairman of the U.S. Federal Reserve from 2006 to 2014. He has also served as chairman of the President s Council of Economic Advisors and as a member of the Board of Governors of the Federal Reserve. Before his time in public service he was a professor of economics at Princeton University. His many books include "Essays on the Great Depression" and "Inflation Targeting" (both Princeton).
Most helpful customer reviews
6 of 7 people found the following review helpful.
examples
By James Wells
This book does cover all the important topics clearly. Unfortunately, the examples used in the book are 'corny' and distract from the important concepts leading to unneeded text and dreadful thoughts of 'The clip joint' and 'the solar powered cookie oven'. The grammar used in this book is a bit strange; don't, won't, etc appear frequently. This is somewhat odd as bernake was a former Fed governor and abel is also distinguised. I think that, perhaps, the authors attempted to 'dumb down' the book and in the process managed to merely make it corny. I also am a bit appalled at the amount of space given to math - it seems the authors wanted it to be more 'accessible'.
I will agree that the 'real world' examples are both pertinent and informative. They were chosen very well. The footnotes are also welcome as the authors frequently simplify models.
This book could use some trimming and perhaps less talk about dog groomers and the like. If that were to happen this would be one of the best macro books out there.
Anyone want to bet on Dr B becoming Fed Chair? Actually he had no input due to his Fed Governor position.
4 of 5 people found the following review helpful.
the best
By Karen Man
the best economics book i've had so far. IT's easy to understand but filled with TONS of great information. IT all makes sense with the historical examples and also has insight on the future. A must read!
1 of 1 people found the following review helpful.
Clear, accessible.
By T. Hartwig
This book is clear and an easy read, we used it for an intermediate college macro course but it could easily have been used for a first macro course.
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