Principles of Macroeconomics

by John Brian Taylor

In Principles of Macroeconomics, noted economist and teacher John Taylor unravels sophisticated material by combining clear, straightforward writing with annotated graphs and real-life examples that drive students' interest in modern economic theory. Taylor's distinctive approach to macroeconomics--covering long-run fundamentals before short-term economic fluctuations--helps students establish a firm grounding in the basic determinants of growth before they are introduced to the fluctuations that can occur even during periods of steady growth.Taylor's experience in international policymaking has always informed the narrative; his most recent service as Undersecretary of the Treasury for International Affairs brings even more real-world relevance to the Fifth Edition. New "Point-Counterpoint" essays prompt students to consider opposing viewpoints on issues in economic policy, while updated examples and data reflect current trends in the world economy. In addition, the author's trademark "Conversation Boxes" throughout the margins and graphs offer students a step-by-step illustration of the economic models and theories under review.

Genres: Economics

544 pages, Paperback

First published March 1, 1995

About the author

Mary and Robert Raymond Professor of Economics at Stanford University.

George P. Shultz Senior Fellow in Economics at Stanford University's Hoover Institution

Past Director of the Stanford Institute for Economic Policy Research

Reviews

[Red Haircrow · Rating 2 out of 5]

The book itself is fine and it actually taught me some things that remained with me after the course.The edition I had also provided a study guide, which I can't say I ever used.

This book gets an "it's ok" rating for most people although it is a very good book, pertinent and important information, but most people in my opinion, unless it is a profession or obsession, found it confusing and overly detailed. I mean I know if I go to the store and there are no fresh peas which were greatly in demand, I will then have to purchase something else. Too many big words for simple conceptions which can be explained more easily.

[John · Rating 2 out of 5]

Standard and unspectacular economics textbook.