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Macroeconomics

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"This book is intended for the intermediate macroeconomics course. This book is also suitable for all readers interested in the field of macroeconomics."" "Abel, Bernanke, and Croushore present macroeconomic theory in a way that prepares students to analyze real macroeconomic data used by policy makers and researchers. With a balanced treatment of both classical and Keynesian economics, the comprehensive coverage makes it easy for instructors to align chapters to fit their own syllabi.
Students in this course often struggle to see how the macroeconomic models compare to one another, and fit into the big picture. This text uses a unified approach based on a single economics model that provides students with a clear understanding of macroeconomics and its classical and Keynesian assumptions. The main objective of the eighth edition is to keep the book fresh and up-to-date, especially in light of the recent crises in the United States and Europe and many new tools used by the Federal Reserve in response to the crisis. To reflect recent events and developments in the field, revisions have been made throughout the text, and additional new applications, boxes, and problems are included. Available with the award-winning MyEconLab!MyEconLab is a powerful assessment and tutorial system that works hand-in-hand with "Macroeconomics." MyEconLab includes comprehensive homework, quiz, test, and tutorial options, where instructors can manage all assessment needs in one program! Note: If you are purchasing the standalone text (ISBN: 0132992280) or electronic version, MyEconLab does not come automatically packaged with the text. To purchase MyEconLab, please visit: www.myeconlab.com or you can purchase a package of the physical text + MyEconLab by searching the Pearson Higher Education web site. MyEconLab is not a self-paced technology and should only be purchased when required by an instructor.

672 pages, Hardcover

First published January 1, 1992

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About the author

Andrew B. Abel

27 books3 followers

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5 stars
77 (33%)
4 stars
61 (26%)
3 stars
61 (26%)
2 stars
20 (8%)
1 star
8 (3%)
Displaying 1 - 12 of 12 reviews
Profile Image for Katie.
10 reviews
July 22, 2008
Textbooks are never fun, but this provided a good overview of Macro.
Profile Image for arbuz.
41 reviews5 followers
November 26, 2020
Не лучшая книга, не рекомендую... Ожидал большего. С другой стороны, интересно, что авторы целиком полагаются на IS-LM модель, игнорируя модель совокупных спроса-предложения. На самом деле, мне это даже нравится: студент больше внимания уделит игре сил на конкретных рынках (в этой книге, кстати, активно разработан и labor market, что очень хорошо), держа в голове, как бы, эволюцию равновесия. Жалко только, что так сжато описана открытая экономика, в обмен на академические подробности реальных бизнес-циклов и т.п.
12 reviews7 followers
May 20, 2022
This textbook (I read the 10th edition) is a great resource for those interested in developing a greater understanding of basic macroeconomic models. Framing the discussions around the two primary schools of economic thought—Keynesian and classical—the authors discuss each model in the context of each, and provide a comprehensive analysis of the merits and pitfalls of the theories. I particularly recommend this textbook for its introduction of the IS-LM model—and more generally, for any beginner economics student.
Profile Image for Shibajee Samaddar.
41 reviews7 followers
September 6, 2019
I give this book 4 star only because of its exercises. It has the best set of problems: both solved & asked to solve.
This book is unusual in its writing style compared to other books. To many, it may appear confusing & that's normal. Yet it has some details unavailable in other books, topics like J-curve etc.
Profile Image for Madison O’Rourke.
36 reviews1 follower
May 29, 2025
I actually learned a lot from this book and class! Macro theory > micro theory
Profile Image for Chris Herdt.
210 reviews39 followers
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July 7, 2008
Already I've learned that America's abysmal savings rate isn't as awful as it appears on first glance. Maybe next I'll learn that eating Irish children is a good way to provide income to starving Irish families.
Profile Image for Melanie.
795 reviews
April 12, 2013
Thought the book was well organized but there were some mistakes in the text (mostly in the numerical problems) so it could have been better edited.
Displaying 1 - 12 of 12 reviews

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