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Macroeconomics: Theories and Policies

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KEY BENEFIT: This book traces the history of macroeconomics, the evolution of macroeconomic thought, and the resulting theory and policy.

KEY TOPICS: The book places the various macroeconomic theories in the order in which they developed chronologically, and illustrates the similarities and differences of the models. Starting with classical economics and the Keynesian revolution, this book explores the macroeconomic theory after Keynes, open economy macroeconomics, economic policy, and sectoral functions.

MARKET: Financial officers and professionals making pecuniary decisions and analyses.

432 pages, Paperback

First published January 1, 1983

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About the author

Richard T. Froyen

11 books7 followers

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5 stars
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4 stars
59 (26%)
3 stars
37 (16%)
2 stars
21 (9%)
1 star
12 (5%)
Displaying 1 - 18 of 18 reviews
17 reviews4 followers
August 27, 2018
Am I using my macroeconomic theory text book to reach my annual reading goal? Yes. But's it's still a book and I still read it cover to cover so fight me.
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291 reviews
December 11, 2010
This book, when used in combination with a class with a highly engaged instructor, is life altering in your understanding of macroeconomic events.
Profile Image for Shoaib Kahut.
10 reviews
January 29, 2018
It was our first introduction to Macroeconomics in M.Sc. Coursework. Very intuitive yet self explanatory. Builds up from very basics. the case studies of FED are in fact very helpful in applying the theory's (Hands on Practice)
Profile Image for Shibajee Samaddar.
41 reviews7 followers
September 6, 2019
Well read! It's written more in an academic manner than that of textbook. The only deficiency is it lacks good exercise. It's completely devoid of numerical problems.
Profile Image for Ferenc.
51 reviews
October 10, 2011
This book renders the evolution of the major schools of Macroeconomic thought.
I like the chronological approach that the book follows. When commencing my studies in Economics I was solely interested in current economic models as I judged only them to be relevant. I changed my mind however when I matured and realized that Economic models are not doctrine, as championed by a few, but very vocal, Economists. Older models have very important things to say as well. This book makes you see Economics as an evolving thing whose mutations depend on what the technological, cultural and socio-political environments look like when the theories are formed. Professor Froyen's renditions of the models are intellectually refreshing and clear, I particularly appreciate the way he discusses the differences between them throughout the book. I think any social scientist (economist, historian, or other) will find the book intellectually enriching. It only requires basic skills in algebra as the main analytical tool used is graphing. For the non-economist it also has a glossary of economic terms at the end of the book.









1 review
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August 26, 2017
this is entraordinary book as per upsc criteria.
This entire review has been hidden because of spoilers.
Displaying 1 - 18 of 18 reviews

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