Macroeconomics

by Charles I. Jones

The only fully modern macroeconomics text on the market, and the most accessible one for undergraduates. Macroeconomics brings together up-to-date coverage of the ongoing economic crisis and the concepts behind macroeconomics today into a teachable, coherent whole. Today’s macroeconomics stresses the importance of monetary policy in the short run, and the need to treat the Fed in a realistic way. Macroeconomics uses the IS/MP model, and features the most modern treatment of growth, with complete, accessible coverage of the Romer model. Macroeconomics also includes complete coverage of the ongoing economic crisis, with two full chapters of discussion and analysis, updated examples throughout the text, and two brand new chapters on the “micro foundations” of macro (Consumption and Investment) influenced by the crisis.

Genres: Economics, Textbooks, Nonfiction

565 pages, Hardcover

First published January 1, 2008

Reviews

[Devon Chodzin · Rating 4 out of 5]

Surprisingly clear; relatively helpful. The only way I can imagine any major economics textbook actually being of use is if the professor holds to the textbook incredibly tightly; mine did not, which is totally fair. Minus the whole thing about this being a brand new edition that we *must* have.

[Aron Malmborg · Rating 5 out of 5]

Jones writes very clearly and manages to make all the topics interesting. The chapter on Romer's model of idea-based growth was really beautiful.

[Rachel · Rating 3 out of 5]

I liked this author. I felt he did well in staying unbiased on the controversial issues (like the Great Recession), was very good with explaining the various concepts. I would recommend this book, or a book by this author for future economics classes.

[J. · Rating 2 out of 5]

This is a pretty good book at explaining the theory behind macro, but I don't think it does a good job with the math part of things. There are also limited examples, and answers.

[Wilbro Braggins · Rating 3 out of 5]

One of the more interesting textbooks I've had to read.